What is ManagedSettingsMacOSExtension on macOS?

/System/Library/CoreServices/ManagedClient.app/Contents/PlugIns/ManagedSettingsMacOSExtension.appex/Contents/MacOS/ManagedSettingsMacOSExtension

The binary is a part of ManagedSettingsMacOSExtension application.

There is no exact information for this binary file. Please, contribute some or search for another.

/System/Library/PrivateFrameworks/ManagedClient.framework/PlugIns/ManagedSettingsMacOSExtension.appex/Contents/MacOS/ManagedSettingsMacOSExtension

The binary is a part of ManagedClient private framework.

There is no exact information for this framework. Please, contribute some or search for another.