One mistook, as already explained the latching coil isn't connected.
The other point is the Normally Closed emergency off switch is wired to break the Live input. This means the switch contacts have to be rated to carry the full load to avoid them welding closed.
The version of the circuit below avoids that by only using the NC switch to break the latch circuit, which requires a much smaller current. Note in this configuration the NC switch is wired to the output Live, not the input as it is at the moment.
In the example below, the unused terminal in Gerard's photo is marked A1. It allows the relay coil ( U< ) to be energised to latch the manual contacts: the other side of the U< coil is connected internally to input neutral inside the switch.

Comment: There's something to be said in favour of the emergency stop being wired to disconnect the live input entirely (provided the switch is meaty enough not to weld!). There's also a version of the circuit wired as Gerard has it with a hefty NC switch on the input, plus one or more smaller NC switches in series with the latch coil. The low current switches are typically connected to guards, stopping power being applied until everything is safe.
Dave
Edited By SillyOldDuffer on 23/04/2021 09:12:06