Current progress in electro-optical modulation within silicon integrated photonics, driven by the unique capabilities of advanced functional materials, has led to significant improvements in device performance. However, inherent constraints in dimensionality and tunability still pose challenges for further innovation. In this work we propose a strategy that exploits the principles of non-Hermitian physics—specifically, the concept of exceptional points (EPs)—to transcend these limitations and pave the way for the next generation of versatile, high-performance photonic devices. Our multilayer structure supports hybrid plasmonic waveguide modes that can manifest as various orders of quasiparticles. By judiciously setting spatial parameters, the system can be tuned to exhibit both weak and strong coupling regimes between the plasmonic and dielectric modes, leading to the controlled formation of EP degeneracies. Furthermore, the integration of low-loss phase-change materials (${\mathrm{Sb}}_2{\mathrm{S}}_3$ and ${\mathrm{Sb}}_2{\mathrm{Se}}_3$) enables dynamic electrical tuning, resulting in pronounced modulation of propagation loss and transmission coefficients over submicron distances. This superior performance not only sets a new benchmark for device responsivity and compactness but also opens promising avenues for future research, including the incorporation of gain media for loss compensation at EPs and the exploration of alternative tunable materials for next-generation ultracompact photonic devices.

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• Light-matter interaction
• Photonics
• Plasmonics
• Waveguides
• Exceptional points
• Non-Hermitian systems
• Effective medium approach
• Finite-difference time-domain method