feat: upgrade preferences controller to base controller v2

[kanthesha]

Description

In this PR, we want to bring PreferencesController up to date with our latest controller patterns by upgrading to BaseControllerV2.

Related issues

Fixes: #25917

Manual testing steps

N/A

Screenshots/Recordings

Before

After

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Pre-merge reviewer checklist

• I've manually tested the PR (e.g. pull and build branch, run the app, test code being changed).
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[github-actions]

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[sonarcloud]

Quality Gate failed

Failed conditions
59.9% Coverage on New Code (required ≥ 80%)

See analysis details on SonarCloud

[kanthesha]

This has been replaced with this PR.