The More Fragments flag marks whether another fragment follows this one.
MF means more fragments
The first fragment has MF set to 1, so another fragment follows.
first MF=1
The last fragment clears MF
The second fragment has MF 0, so it is the last fragment in this toy packet.
second MF=0
MF and offset work together
The first fragment says more are coming; the second starts at offset 2 and clears MF.
offset=2
Summary
MF tells whether the receiver should expect another fragment after this one.
MF values=1,0