Migration from Lightroom Classic to Lightroom Cloud: collections, sub-collections, and albums

In my LrC catalogue I have my images organized in a logical hierarchy consisting of a root collection, collections, sub-collections, sub-sub-collections and albums, e.g.:

Album

Album > Year 1990

...

Album > Year 2022

Album > Year 2022 > Travel to Peru

Album > Year 2022 > Travel to Peru > Location 1

Album > Year 2022 > Travel to Peru > Location 2

Album > Year 2022 > Travel to Peru > Location 3

Album > Year 2023

Album > Year 2024

Only Location 1, Location 2 and Location 3 are actual albums. Album is my root collection. The years (e.g. Year 2022) are sub-collections in the root collection, and Travel to Peru is a sub-sub-collection in the sub-collection Year 2022. This is a logical collection structure inside my LrC catalogue and not the same as the physical folder structure on my computer.

I know that the migration will convert collections into folders and albums into albums - but does the migration understand and migrate this 4-tier-hierarchy and convert it into the appropriate folder, sub-folders sub-sub-folders, and albums in Lightroom Cloud?