The chage command can change the following parameters related to user password expiry and aging:

The last password change date (-d or --lastday option)

The password expiry date (-E or --expiredate option)

The minimum number of days between password changes (-m or --mindays option)

The maximum number of days during which a password is valid (-M or --maxdays option)

The number of days of warning before password expires (-W or --warndays option)

The chage command cannot change the number of days of inactivity after a password has expired before the account is locked. This parameter is controlled by the -I or --inactive option of the usermod command, which modifies the user account information. The chage command only displays the current value of this parameter, but does not allow changing it.Reference:

chage command in Linux with examples - GeeksforGeeks

10 chage command examples in Linux [Cheat Sheet] - GoLinuxCloud

How to Use the Chage Command in Linux -- TecAdmin

How to Manage User Password Expiration and Aging in Linux - Tecmint