Comment to PHP Requirements
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PHP 7.4 End of Life/Security Support End Date (community)
November 28, 2022.
Zend PHP 7.4 LTS End Date (with help from Zend)
December 2026.
If you're using Ubuntu + Virtualmin, I bet you they will not be ready for 22.04 upgrade before then. I wouldn't freak out anyway because I expect 3 more years of support for LTS anyway.