I’ve got no further. Panasonic only offered the usual ‘reset to factory settings’ option then blamed the ATV box.
The difference between Mode 1 & Mode 2, from the manual is:
(Mode1 / Mode2)
Reproduces the image more precisely with the expanded colour gamut when connecting the 4K compatible equipment. Select the mode depending on the equipment.
Mode1:
For better compatibility. Set to Mode1 when the image or sound in
HDMI input is not played properly.
Mode2:
For the 4K compatible equipment that has the function to output the image precisely with the expanded colour gamut
● The setting can be stored for each HDMI input.
● Valid format (4K)
– Mode1: 4:4:4 / 4:2:2 (30p, 25p, 24p), 4:2:0 (60p, 50p)
– Mode2: 4:4:4 / 4:2:2 (30p, 25p, 24p), 4:4:4 / 4:2:2 / 4:2:0 (60p, 50p)