Yearly tasks....
The thing is, with daily tasks, they just get done automatically. Monthly, OK there's a month end process. Yearly tasks are only ever triggered if they are literally scheduled for Jan 1st (or 2nd if it's a manual task). One can so easily imagine the batteries being installed in June, someone putting a calendar entry for the following June and everybody forgetting about it. Then the first person leaves the company, the batteries continue on their merry way for 3 years, and before you know it, there isn't even anyone on the team who remembers what that box is and what it does.
Similair applies to server certificates with multi-year validity. Shorter renewal cycle could be more of a PITA, but actually work better for reliability.