It officially does not. Both the
i5-10500H and
i7-10870H have default thermal throttle limits of 100C.
Gigabyte would have had to go into bios to lower it, which they shouldn't be doing. That's something HP, Dell, and Lenovo are more likely to do.
If you can't prove that the cpu's thermal throttle limit is set to 95C, then it's throttling for a different reason, which the most common after thermal limit throttling in laptops is power limit throttling.
Throttlestop can help you determine thermal or power limit throttling, but I don't use the app, so won't be of any help with using it.
How do we know the power limit isn't getting in the way too? There are applications that let you know what's up. Both Gpu-Z(Sensors tab) and HWINFO have 'Performance Cap Reasons' on display.
[I can't understand why the thermal limit of Nvidia's mobile chips is omitted.
Intel desktop and mobile cpus: can look up.
AMD desktop and mobile cpus: can look up.
AMD gpus: can look up.
AMD mobile gpus: can look up some of the older ones.
Nvidia desktop gpus: can look up.
Nvidia mobile gpus: locked up somewhere in Area 51.]
There are laptops out there that use LM as the stock TIM, but they are few - very few.