PPM2 (PF3D7_1138500) is an unusually large PP2C-family serine/threonine phosphatase in Plasmodium that governs the transition between asexual replication and sexual commitment (PMID:9556615, PMID:40410154). It comprises two complete catalytic halves, each with independent Mg2+/Mn2+-dependent phosphatase activity toward casein, and the full-length protein forms a dimer whose assembly is required for optimal activity; either half alone is sufficient to complement the S. pombe ptc1Δ heat-shock defect (PMID:9556615). In P. falciparum, conditional depletion impairs asexual replication and reduces sexual conversion, and phosphoproteomics identifies Heterochromatin Protein 1 and translation initiation factor eIF2α as key substrates: PPM2 directly dephosphorylates HP1 at serine 33, promoting HP1–H3K9me3–chromatin association required for sexual commitment, and represses eIF2α phosphorylation to support protein synthesis during division (PMID:40410154). In P. berghei, knockout reduces female gametocyte production, shifts the male-to-female ratio from ~1:3 toward 1:1, and blocks ookinete development at retort stage II with defective microneme formation (PMID:35336160, PMID:27111866, PMID:25557077, PMID:34324911).