I want to know about yearly subscription plans
iCloud storage subscription annual plan
MacBook Air 13″, macOS 10.15
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There is no yearly option.
Apple discontinued the yearly plans in favor of monthly ones. If you had a yearly option it continues to be billed yearly unless you change to a monthly option.
If you are not currently using iCloud Storage in a yearly plan, you cannot get a yearly plan.
More details here: iCloud storage plans and pricing - Apple Support