Hi,I re-soldered the PEAK potentiometer connections but the problem persists.I will look for the resistance values soon and see if I'll get anything similar like you suggested.
Meanwhile, I was able to investigate the issue further by using a 1 kHz signal generator. I recorded the signal while at the same time turning the PEAK pot from 0 to max, the resulting record should be attached here as a picture;

EDIT: The image doesn't seem to load, here's the direct link:
https://1drv.ms/i/s!AiNnowB4pdeDhuROKTXYN_xia6Stdw?e=BglOykThere's some gain reduction starting to happen at around 5 second mark (the PEAK knob itself pointing at about 30), but then the reduction suddenly dies away for a while, until at around 15 second mark (knob pointing about 60) it kicks back in and continues to function correctly to the end.
I haven't found the other settings (ratio, attack etc) to make any difference to the issue, they seem to work as intended.