What you describe sounds more like you have poor connection to the server or the server itself has poor performance (or if you are in singleplayer, your machine isnt good enough). Pink textures are a sign of something not loading.
I mean it is worrisome and should be fixed, but its not a true “bug” as such.
Reading comprehension. He clearly said Singleplayer.
ITS A PS5 !!! All PS5 are supposed to be equal, so game developers can optimize for that specific hardware.
The PS5 can put to shame some pcs that run the game well in terms of specs. It’s a pretty decent machine, you see? It runs games that you need to have a fairly decent pc to play without a hiccup.
If it was only my machine, well, the solution was obvious. I had to get a new one. But it isn’t. There’s a few procedures we can do to have the PS5 optimized. I do them all regularly and it runs as it should when I play other games. My internet connection is also very fast and very stable. Fiber optics, 500 Mbps would be more than enough, one would assume… Besides, as this also happens in Single Player, the connection can’t be the issue, I think.
I mean, PS5 has roughly the graphics processing power of a RTX 3070 TI. Conan Exiles is listed with a GTX 1070 as recommended.
A 3070 TI is like 2x faster than a 1070.
There is more to it than just graphic card tho.
You know you can’t change or upgrade the console, right? It is what it is and developers must deal with it.
And thats why I havent invested into consoles since ps3.
If a game is for sale to play on consoles then it should run on consoles, if there are problems the developers need to fix them.
The hardware inside the PS5 should be MORE THAN ENOUGH to handle a game from 2018.
Conan Exiles is just horribly optimized. FACT. Even on my i9 13900k + RTX 3090 PC I can get as low as 30 FPS in some bases on 1440p. Not even 4k.
You don’t know what you’re saying dude. The ps5 is a hell of a machine. It’s not a top tier gaming pc, but it gives you a lot of bang for your bucks. At this point you’re just creating off topic noise. Please don’t. Thank you kindly. 
Xbox received a current gen upgrade a couple years ago. While it may not be perfect, it’s likely much better than the PlayStation. This is pretty unfair for PS5 users as they’re paying just as much for everything and are being forced to wallow in the mud of a PS4 version that runs poorly. Funcom’s acknowledged that the PlayStation version runs poorly, but they never can give a straight response. Look at the last stream when asked about it and they kinda give a “yeah… we have nothing to say about that right now.”
In the dev stream on twitch, we saw a “rain” from several PlayStation players request about "Conan exiles for ps5.
Dennis even reply to it!
So it’s not only @MarcosC that’s not satisfied from the product.
So please don’t try to say or explain to Marcos what he did wrong, because he has done nothing wrong, not him not any other PlayStation 5 user.
PlayStation 5 needs love, needs more attention ESPECIALLY the single player option because THIS is the only product you really buy.
THIS IS NOT A CONVERSATION FOR OFFICIAL SERVERS!
This is a conversation about the quality of the product that’s been sold for a specific console.
So it must be perfect, period!
Consoles need love please devs
You absolutely nailed it here @stelagel. And here is the thing, no member in this thread is a troll. I love this game and I care about Funcom. And most of us such as you and myself seldom get on the forum and go off half cocked about ps5 performance. We have always remained calm, polite and have waited patiently for fixes to roll out. But ps5 performance has definately worsened in recent times. The Playstation version needs some love and attention.
To further add to this excellent point @SirDaveWolf. I have over 40 games, didgital and physical, and both ps4 and ps5 ones at that, and Conan Exiles is the only one which runs this way on my Playstation 5. I am not saying all of this out of spite but care.
Please Funcom withh all of the politeness I can muster, please give the Playstation 5 version of Conan Exiles some love! 
why on earth have the female animations reverted to those people hated??? and not metioning on the patch notes?