Sounds like the remix, which was quite poor. The latest remaster of Pepper in stereo was 2009 and the latest remaster in mono was 2017. Both sound good.
Here is the 2009 remaster on Apple Music: https://music.apple.com/us/album/sgt-peppers-lonely-hearts-club-band/1441164604
The 2009 remix has a fond place in my heart, since I bought it when it came out. Thanks for the link!
Yeah, I wasn't aware of any 2021 remaster/remix of Sgt. Pepper's, just Let It Be. Must be the the 2017 stereo remix? https://beatles.fandom.com/wiki/Sgt._Pepper%27s_Lonely_Hearts_Club_Band_(album)#2017_Super_Deluxe_Edition
Unless it's some Apple Music specific Dolby Atmos garbage mix? https://www.theverge.com/2021/7/30/22601508/the-beatles-dolby-atmos-sgt-peppers-lonely-hearts-club-band-remix-mono-stereo-apple-music
I have no experience with the vinyl, but my understanding is that the definitive digital mix is the 2009 mono remaster. Sgt. Pepper was mixed and mastered with mono in mind, and the 2017 version of the mono mix was apparently compressed. See: https://forums.stevehoffman.tv/threads/beatles-pepper-mono-cd-2009-or-2017.672566/page-5#post-16535323
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