During Pl Planning, who owns Feature priorities?

During Program Increment (PI) Planning in SAFe, it is the responsibility of Product Management to own the feature priorities. Product Management is tasked with defining the features, prioritizing them, and accepting the final implementation. They play a crucial role in aligning the features with the business strategy and ensuring that the development work maximizes value delivery to stakeholders. This is in line with the SAFe principle of decentralizing decision-making and empowering those closest to the value stream to make decisions regarding the prioritization of work12.