https://github.com/jenkinsci/jenkins/pull/7913 is ready for review. It proposes to declare the end of support for Red Hat Enterprise Linux 7, CentOS 7, Oracle Linux 7, Scientific Linux 7, and other derivatives in the Jenkins project as November 15, 2023. That is 24 weeks after the release of Jenkins 2.401.1. Assuming we continue the release cadence for 4 weeks per LTS release, that will be the first release of the 2.42x.1 baseline, having been preceded by the 2.41x.1 baseline and the 2.401.x release series.
Changes will be needed in our Docker containers to warn users of the `centos7` container images that they will no longer be updated. I'll plan to lead those changes along with other changes as part of the end of support for RHEL 7 and its derivatives.