'Initialize new MiniFreak Backup' not available in MiniFreak V

According to the manual (pg. 145), it says:

Problem is: I can hover over BACKUPS as often as I may, nothing appears. BACKUPS is always greyed out.

What’s wrong?
Am I missing something?

I’d love to use this function to create some smaller ‘packages’ of presets, so I don’t have to scroll through a list of 512 presets all the time.

Arturia support was so kind to send me an empty backup file they could create with their version of MF V.

Problem was forwarded to DEV.