Is the power of attorney valid for a car after a change of residence permit?

There is a three-year power of attorney from a legal entity to an individual to dispose of a car, which contains the full name of the individual and the registered place of residence, which was valid at the time the power of attorney was issued (September 2022).

The individual changed his registered place of residence in June 2023.

In connection with such a change, has this power of attorney become invalid? Do you need to make a new one?