The files that answer questions
An agent evaluating whether to transact with you asks the questions a procurement team asks: who do I contact about a vulnerability, what am I agreeing to, and is the service up. Each has a conventional answer at a conventional address.
A security.txt at /.well-known/security.txt with a Contact line is the smallest of these and the most frequently missing. It takes ten minutes.
Fetchable means readable as text
Terms rendered only after JavaScript, or served as a PDF behind a viewer, are not fetchable in any useful sense. The content exists and cannot be read by the thing asking.
A status page that returns JSON at a documented URL is worth more to a machine than a dashboard that animates beautifully.