The formulation of M1 0W-40 has changed many times over the years. It was first almost straight PAO as the base, then Mobil switched to blending in VISOM, which was their proprietary Group III+ base oil that behaved very much like Shell's GTL bases, then they went back to a more PAO-heavy blend with some Group III and then when Shell's GTL bases became available, they slowly started integrating those into their products, and that's where we are now. Just going by the SDS (which is NOT a recipe), it APPEARS that M1 FS 0W-40 is 30-40% PAO and 40-50% GTL Group III+:
View attachment 187261
HOWEVER, that SDS is from June 10th, 2022, though the German SDS from January, 2023, looks the same.
What is possibly taking place here is we are seeing the influence that swapping out ester for AN's in the base oil blend is having, if the concentration is high enough. AN's also have poor cold temperature performance. I'm somewhat hesitant to blame it all on this however, as HPL uses AN's in their oils and they have maintained low pour points, unless it's just a concentration thing, but that's purely speculation on my part.
Edge 5W-40 has no PAO, it's straight Group III:
View attachment 187265
While Edge 0W-40 has 25-50% PAO and 25-50% Group III (non-GTL) if we are trusting the SDS:
View attachment 187266
Interestingly, the SDS has the Pour Point for Edge 0W-40 as -45C, but, as I noted, the SDS is not a recipe, so I would generally lean toward the PDS over the SDS as to the accuracy of that figure.