Maybe, but a lot of extensions do not work like that. There are extensions, of course, that have free updates forever, other extensions that have free automatic updates forever, and one year automatic updates, and other extensions that have just one year free updates, and after that you have to pay to get an update, or just keep the extension as it is, as long as it works.
And I prefer that, I mean, I prefer having the choice to keep the extension in its current state, as long as it works, and if one day it will not work anymore, I’ll buy the new version (it could be in one year, but it could also be in five years). I can’t tell my direction that I need to buy a 60$ annual fee just to avoid having to enter the location each time.
Note that modules have an annual fee, but the extension itself does not, and is free forever it seems. I’ll then just keep the extension, and will enter the locations each time…