So, I did a BIOS update, as advised here, and got some interesting results!
The freeze still happens - but it now freezes BEFORE the PC shuts down.
As in: I click the Sleep button, all devices get disconnected (audio, network, BT, input - all of it goes), the OS freezes, but the screens stay on. I cannot switch to a different VT at this point as everything is disconnected.
That's interesting! Might be KDE bug then.
Could you try going to System Settings → Screen Locking and de-select "Lock after waking from sleep"? I wonder if you'll get the same result as I'm getting.
Before I updated the BIOS to the latest version, once I woke it up, I'd see the desktop exactly frozen as it was the moment I pressed the "Sleep" button.
Now, after the update, that freeze happens BEFORE the PC goes to sleep - the monitors stay on.