Transfer domain that will expire in 10 years

Hello everyone,
I would like to transfer my domains to Cloudflare. I have 2 domains which will expire in 2 and 9 years respectively. If I understand correctly, I will be charged only for the extra year that will be added to them, if I understand this post correctly: Transferring a domain to CloudFlare (Additional Costs)

So, is that true that the only extra cost will be the extra year?

Yes. The transfer fee covers the additional year of registration.

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I will have some work to do in the following days!

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