See 110.21(B) - refers to ANSI Z535.4-2011, Product Safety Signs and Labels, provides guidelines for suitable font sizes, words, colors, symbols, and location requirements for labels for application to electrical equipment.
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ANSI Z535.4-2011 asks which "signal word" is used; caution, warning, danger or notice. None of the 4 options are in this verbiage. Is it danger because it could be a life or death situation?
For several decades, equipment manufacturers have been required (by UL and others) to include Danger and Warning labels on equipment. Over the past decade, these labels have been modified to include Arc Flash as one of the hazards.
So why can't the NEC required label simply be Informational. It just provides data to be used in assessing the hazard, similar to the equipment nameplate showing FLA or HP.
You are looking for an answer that does not exist.
The point of referencing the ANSI standard is probably so that you do not misuse their requirements for label verbiage/format (like many arc flash do).
According to ANSI; Danger, Warning, and Caution labels have requirements for color and for content (e.g. what is the hazard, what are the affects of the hazard, and how to avoid the hazard).