Here's how it goes: The early pre-K2 or so CB750s used a flange that was held into the head with 2 flat head (taper tops) screws. The pipe then slid onto the spigot of the flange and was clamped in place with a large finned clamp.
later 75os used 2 studs out of the head and the exhaust pipe had a flange on it. The pipe was inserted into the head, the flange was drawn towards the head with nuts on the studs.
Often the early style is converted to the later style to accept an aftermarket exhaust pipe.
On the later style, bolts can be used instead of the stud/nut affair.