The standard model (SM) has been extensively tested and confirmed since its inception in the 1970s, with the discovery of the Higgs boson in 2012 as its ultimate affirmation as the prevailing theory of particle physics. Nonetheless, it is widely accepted that the SM cannot be the fundamental theory at all energies. For instance, it cannot account for the mass of neutrinos, the dominance of matter over antimatter in our Universe, or the existence of dark matter. Motivated by these shortcomings, a huge number of extensions of the SM have been proposed over the years, many of which predicted new particles within the reach of high-energy colliders. However, because Large Hadron Collider (LHC) searches have yet to produce direct hints for these proposed particles, indirect searches for physics beyond the SM (BSM) using precision experiments have become an increasingly important avenue.