Segment definitions missing for release &1/&3

What causes this issue?

For the basic type or extension &v2&, segment definitions are used in
outbound processing which were or are current in SAP Basis release &v1&
and release &v3& of the application component.
However, suitable segment definitions could not be found for all the
segment types.
This may be due to the fact that certain segments did not yet exist in
SAP Basis release &v1& and release &v3& of the application component.

System Response

Outbound processing will not be able to process this combination without
errors.

How to fix this error?

Enter a release status for which all segment definitions of the basic
type or extension &v2& are available and released. Alternatively, you
can leave this field blank, in which case the most recent segment
definition is used in outbound processing.

Error message extract from SAP system. Copyright SAP SE.