Yes it is for the control plane which includes the API server.
- Uptime SLA guarantees 99.95% availability of the Kubernetes API server endpoint for clusters that use Availability Zones.
- Uptime SLA guarantees 99.9% of availability for clusters that don't use Availability Zones.
Worker nodes are governed by the underlying VM and their availability is governed by the Azure Virtual Machines SLA.
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Regards,
Abiola