Ping display stuck on screen (PS5) / Cannot hide network telemetry

I am experiencing an issue with the network telemetry HUD display on PlayStation 5.

Even though I have set Show Network Performance Bar and Show Network Performance Graphs to HIDE (and Network Widgets to OFF) in the Network Settings, the ping / latency numbers still appear in the top-left corner of my screen during gameplay.

When I try toggling the settings to "ALWAYS" and back to "HIDE", or changing options under the HUD / System menus, the ping indicator remains visible on screen.

Could you please assist in resolving this UI bug or look into fixing this issue on PS5 in an upcoming patch?

System Details:

 Platform: PlayStation 5

 Issue: Ping / Latency overlay won't turn off despite being set to HIDE/OFF.