Customizing elastic beanstalk environment for Maximum instance lifetime

I am having elastic beanstalk environment currently in Sydney and London region. I want to customize them so that I can set the Maximum instance lifetime for the auto scaling group. This will recreate the server if crossed particular lifetime.

I can set this parameter manually in ASG. However, whenever there is elastic beanstalk managed update running by AWS, it creates new ASG and this setting is removed.

I wanted to make this setting permanent via .ebextentions. However, I am unable to check any document which can say this particular parameter setting is possible via .ebextentions or hooks. I know I could use option_setting to customize EB infra. But what is the parameter name and how to set this here?