Is there any termination date set for the Audit report ( or can it be set)?

Summary: I was wondering if the audit trail captured in the audit report remains infinitely in the system or does it gets purged/terminated.

Content (please ensure you mask any confidential information): NA

Version (include the version you are using, if applicable): Dev Env 23C

Code Snippet (add any code snippets that support your topic, if applicable): NA