Same as the previous game, yes.
Just to be clear, by "all women" I intend all the available ones, as I despise any form of NTR.
For women like Enri, Renner, etc. there'll be separate games, with the right protagonist for them, I posted a preview of one of them some time ago:
https://f95zone.to/threads/overlord-h-development-thread.137091/post-17593240
However, the same heroines as the previous game will be available, with some newly added ones such as Lilynette (Slightly altered character for obvious reasons), or Edstrom.