Delivering Exchange emails to a pst-file in Outlook 2013 or Outlook 2016

In Outlook 2010 and previous I was able to set a pst-file as the default delivery location for my Exchange account.

In Outlook 2016, I no longer see the “Change Folder” button when I select my Exchange account.

How can I still deliver my Exchange e-mails directly to a pst-file?