When restoring a folder by right clicking it and selecting the "restore" option, Recovery Manager for Exchange does not provide an option to restore the folder keeping the original folder hierarchy intact.
WorkAround:
When Restoring a folder subfolders can be restored as well, however any Parent folder structure would need to be created in the Target storage prior to the restore.
WorkAround 2:
These steps should provide an export where the parent and subfolder structure is created.
Status:
Enhancement Request TF00289716 has been submitted to the Development team for consideration in a future version of Recovery Manager for Exchange.