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Is it possible to add new values into Criticality field in Job/Position/Organization model profiles?

Summary:

When we create Job/Position/Organization model profile, there is a field of 'Criticality' which is LOV. We see 5 options in the LOV. I know these values come from HRT_CRITICALITY lookup. My question whether it is possible to add new options to the LOV? I tried to add but add button (Plus sign) is grayed out. If it is not possible to add, then if I change the Meaning column of any criticality values, then what is the effect of it?

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Version (include the version you are using, if applicable):

23B (11.13.23.04.0)

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