That is correct, it is most likely a dree 12 month subscription of Wolf.
The 3rd party security developers have created an installer script to make it work alongside Defender, which is pre-installed in all Windows versions, that script will automatically disable any components of Defender that the 3rd party security suite will take over the control of, so there are no compatibility issues, this is all automatic and when you remove the 3rd party security software, that should revert all those changes so Defender then takes full control of your PC security.