cPanel version 110 internal cPanel PHP from PHP 7.4 to PHP 8.1 question

Non Cloudunix platform; VPS Currently on 108.0.15 Notification in WHM that version 110.0.1 is available. Googling cPanel version 110 says internal cPanel PHP upgraded from PHP 7.4 to PHP 8.1. Does this affect any accounts that may be running apps such as phpbb on php 7.4 or is the upgrade only affecting WHM and cPanel apps? Ie: will easyapache 4 save the current php 7.4 packages from cpanel 108.0.15 over to 110.0.1?