Hi,
Sorry to hear you are having issues.
As for me personally, I’m using an AWS4 running watchOS 9, and haven’t had any issues with battery runtime, and the max capacity % for my battery actually requires service. But I have seen no change with the battery life with updating watchOS.
That being said, you might need to confirm your battery health on your watch by going to Settings > Battery > Battery Health.
Note: If your Apple Watch requires battery service, you can confirm that here, and you are also provided with available service options.
Next, I would confirm if you have Optimized Battery Charging enabled. It’s usually enabled by default, so try disabling it and seeing if that resolves your issue.
If you are still having issues, you can try enabling Low Power mode on your Apple Watch, as it was introduced with watchOS 9 to help maximize battery life.
The following resources should be able to further assist: