1. Add OnLoad event handler to the ReportViewer.
OnLoad = "ReportViewer_OnLoad"
2. And the use the following code
protected void ReportViewer_OnLoad(object sender, EventArgs e)
{
RenderingExtension extension = ReportViewer1.LocalReport.ListRenderingExtensions().ToList().Find(x => x.Name.Equals("Excel", StringComparison.CurrentCultureIgnoreCase));
System.Reflection.FieldInfo info = extension.GetType().GetField("m_isVisible", System.Reflection.BindingFlags.Instance | System.Reflection.BindingFlags.NonPublic);
info.SetValue(extension, false);
}