This policy setting allows you to configure the file format compatibility dialog box when saving a file as an OpenDocument ...

This policy setting allows you to configure the file format compatibility dialog box when saving a file as an OpenDocument Spreadsheet file in Microsoft Excel.If you enable this policy setting, the file format compatibility dialog is not displayed whenever you save as an OpenDocument Spreadsheet file in Excel.If you disable or do not configure this policy setting, the file format compatibility dialog is displayed when you save as an OpenDocument Spreadsheet file in Excel.