The Extract Archive actions allows you to extract the files from an archive in any of the following formats:
Zip, 7z, GZip, BZip2, TAR, RAR, ARJ, CAB, CPIO, RPM, DEB, SPLIT
Output Directory - specify the directory where the extracted files will be saved to
Overwrite Mode - specify how existing files with the same name will be dealt with
Use Full Paths - Files will be extracted with their paths as they are in the archive file. eg. if a file in the archive is in a directory called "dir" then the files in that directory will be extracted to <outputdirectory>\dir\<files>
For more detailed descriptions of the other options, see the Create Archive action.