Should work with any image format - however, are you referring to the Beauty pass, or the LighMix pass? The LightMix will always be affected by changes to the LightSelect for the environment. I think that would be by design though, as the ToneMapControl isn't designed to exclude something from the LightMix (as you can individually control the LightSelect for it anyway). It does correctly stop EV from changing the background in the LightMix pass, but doesn't stop the changes to the LightSelect layer (at least in my test).
If you are experiencing something different, sharing the scene and description of expected / desired results would be good!