Windows 10 machine seemingly throttling despite being configured not to

Question

I'm currently trying to speed up a laptop (Asus UX360C, Win10, running 8GB RAM, 512GB SSD and and Intel m3-7y30 CPU) cause it was weirdly slow for some time and to do that I also checked the UserBenchmark. As I did the first try, it turned out there was some throttling happening with the CPU - so as per the warning box, after this I went to the power settings, changed max processor state to 100% (and also cooling policy to active) + I moved the performance power slider all the way to the right ("maximum performance").

This surely did speed up the laptop noticeably but after I re-run the test, the results did not change with regards to throttling. So I also checked the temps using HWMonitor during yet another benchmark but they didn't go crazy high during the test considering they're ~50C in idle (and I didn't even hear the cooling actively buzzing during the test at any point):

I also checked in task manager's details pane whether the benchmark's process isn't being throttled but it was not. I also did and redid the tests both with my AC cable plugged and unplugged but that produced no difference whatosever.

Why would that be? Is there anything else I may do to ensure the laptop is running at its full capacity when it's needed instead of at 62%, like the benchmark suggests?