This is the big reason that I see a lot of companies using it over Debian.

Five years of guaranteed updates, with an option to pay for another five years ticks the box for accreditors and the like.

The much vaguer Debian policy that a release will be supported for some undetermined period based on how frequently they release, and then get some kind of volunteer-based LTS support for a couple of years after that, and then maybe further through some third-party ELTS program is a much harder sell.

We migrated to Ubuntu from CentOS as well. It was simply because Rocky wasn’t established enough at the time and we haven’t had a reason yet to again look elsewhere. Tho we haven’t also phased out most VMs for containers of some sort.