Can L2 Visa Holder apply for EAD renewal even if principal's Petition is expiring?

[NMEHTA0505]

Hi,

Here's our situation:

Principal (that's me) L1 B Visa valid until: Oct, 2020.
Principal L1B Petition valid until: Oct, 2017.
Principal Latest I94 valid until: Jan 2020.

Wife L2 Visa valid until: Oct, 2020.
Wife's EAD valid until:...