If compliance is an issue, I doubt whether there is such a thing as a "suitable substitute". Certainly none of the commercial applications I interact with accepted CentOS as an alternative to RHEL, so they certainly won't allow a substitution for Rocky or Alma.

While AL2022 isn't a drop-in RHEL alternative, it seems much more likely that vendors will accept it as a commercially supported install base given that it is a first-class citizen on the biggest cloud.