You will likely loose nothing removing that section. With it all the way left as noted, note that it will cut nothing - it does not travel "into" a guard to create the shearing action. It only moves away from the far end guard. I would assume the next section moves to the right fully into the far end guard to do the actual cutting.
My only guess is that that end section might be a "guide" section, to make sure the very end of the knife does not bend up and the next section try to go over the outer guard