I did a clean custum installation of AIS 12.2.2276 ( screen 3 ).
The reason for that I will descripe in a different topic, as I am not sure if I found a bug, a new feature, or it is just my bad memory
But after the clean custum installation and configuration I noticed that Passwords is, although I choosed not to install it, still listed under Settings - Components in the GUI with an option to install it. I think that is very strange ( screen 4 ).
And in the SafeZone Browser is not possible to disable extensions by clicking them : They don’t gray out anymore ( screen 5 ).
Not strange that passwords is listed there at all.
It is not installed as you say.
It is listed there in case you want to install it (change installation), just as other components are. (VPN, CleanUp etc)