this format is free, which apparently is one of the reasons for its popularity. The used codecs supports variable bit rates (as a default), and .ogg files usually play back easily on all platforms. All things being equal, the sound quality exceeds that of mp3 somewhat.
The maud file extension is associated with the Amiga MAUD audio format, developed by Electronic Arts and Commodore in 1985. The MAUD is used for an 8 or 16 bit Amiga sound format. Most likely obsolete.