There is at least one other thread about Perdix batteries being displayed with much lower voltages during dives:
I bought a Perdix 2 recently and used it on its first trip. A strange thing I noticed which is leaving me in doubt, is that the stock Energizer Ultimate battery voltage seems to drop a lot during the dive compared to pre-dive. After only about 20 hours of diving it prompted me LOW BATT INT...
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And following advice in that thread I looked at the plot of battery voltage during the dives. Not very informative, as they all show a straight-line with a voltage reading of 1.5V (what a fresh AA should have), even though the display definitely changed (a lot!) during the dive. I think the "plot" is just showing the expected voltage for a battery of the type inserted, not the actual voltage.