NFC pairing - what is OOB data

Hi guys. When reading the OOB pairing example,

https://developer.nordicsemi.com/nRF_Connect_SDK/doc/latest/nrf/samples/bluetooth/peripheral_nfc_pairing/README.html

"This sample can exchange OOB data with an NFC Forum Polling device"

I'm having trouble understanding this example.

What exactly is this "OOB data"? Like Long Term Key (LTK), IRK, ERK are the OOB data?

My smartphone is Galaxy S20 (Android 12) so the LE Secure Connection pairing/bonding should be supported.

Eventually, I want the nRF52840 to bond with my Android phone using NFC/OOB.

I'm using nRF52840 DK. What peripheral SoftDevice function is called that uses this OOB data?

Also, does this SoftDevice function have to be called before the connection with the BLE central device?

Thanks for your help!

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