Marked up the photo of your heat shield.
1 2 - Mounts to the first stud, at the front of the engine, bolting the exhaust manifold to the block.
2 1 - Mounts to the rear mounting bolt holding the fuel pump to the block.
There are also a couple of photos in
this post of the fuel pump heat shield mounted in my '41 120 Coupe.
EDIT -
I too had a "mental lapse", references above corrected!
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