Why does a newly downloaded pass (not yet expired) go directly into the "expired" section

Hi all, we have received a number of users reported that after they downloaded the loyalty pass into Apple Wallet, the passes appeared only in the "expired" pass section.

Interestingly, the expiry date of the passes are shown as 1 Jan 2023 though, so we would like to understand how does the Apple Wallet consider a pass as expired.

Thanks.