diff --git a/charts/opentelemetry-operator/Chart.yaml b/charts/opentelemetry-operator/Chart.yaml
index 5c881f171..3e06d1614 100644
--- a/charts/opentelemetry-operator/Chart.yaml
+++ b/charts/opentelemetry-operator/Chart.yaml
@@ -11,4 +11,4 @@ maintainers:
   - name: dmitryax
   - name: TylerHelmuth
 icon: https://raw.githubusercontent.com/cncf/artwork/a718fa97fffec1b9fd14147682e9e3ac0c8817cb/projects/opentelemetry/icon/color/opentelemetry-icon-color.png
-appVersion: 0.88.0
+appVersion: 0.88.1
diff --git a/charts/opentelemetry-operator/examples/default/rendered/admission-webhooks/operator-webhook-with-cert-manager.yaml b/charts/opentelemetry-operator/examples/default/rendered/admission-webhooks/operator-webhook-with-cert-manager.yaml
index 647b99f4b..f0dff52f6 100644
--- a/charts/opentelemetry-operator/examples/default/rendered/admission-webhooks/operator-webhook-with-cert-manager.yaml
+++ b/charts/opentelemetry-operator/examples/default/rendered/admission-webhooks/operator-webhook-with-cert-manager.yaml
@@ -8,7 +8,7 @@ metadata:
   labels:
     helm.sh/chart: opentelemetry-operator-0.42.0
     app.kubernetes.io/name: opentelemetry-operator
-    app.kubernetes.io/version: "0.88.0"
+    app.kubernetes.io/version: "0.88.1"
     app.kubernetes.io/managed-by: Helm
     app.kubernetes.io/instance: example
     app.kubernetes.io/component: webhook
@@ -87,7 +87,7 @@ metadata:
   labels:
     helm.sh/chart: opentelemetry-operator-0.42.0
     app.kubernetes.io/name: opentelemetry-operator
-    app.kubernetes.io/version: "0.88.0"
+    app.kubernetes.io/version: "0.88.1"
     app.kubernetes.io/managed-by: Helm
     app.kubernetes.io/instance: example
     app.kubernetes.io/component: webhook
diff --git a/charts/opentelemetry-operator/examples/default/rendered/certmanager.yaml b/charts/opentelemetry-operator/examples/default/rendered/certmanager.yaml
index 81f0bd674..acf8b5ada 100644
--- a/charts/opentelemetry-operator/examples/default/rendered/certmanager.yaml
+++ b/charts/opentelemetry-operator/examples/default/rendered/certmanager.yaml
@@ -6,7 +6,7 @@ metadata:
   labels:
     helm.sh/chart: opentelemetry-operator-0.42.0
     app.kubernetes.io/name: opentelemetry-operator
-    app.kubernetes.io/version: "0.88.0"
+    app.kubernetes.io/version: "0.88.1"
     app.kubernetes.io/managed-by: Helm
     app.kubernetes.io/instance: example
     app.kubernetes.io/component: webhook
@@ -31,7 +31,7 @@ metadata:
   labels:
     helm.sh/chart: opentelemetry-operator-0.42.0
     app.kubernetes.io/name: opentelemetry-operator
-    app.kubernetes.io/version: "0.88.0"
+    app.kubernetes.io/version: "0.88.1"
     app.kubernetes.io/managed-by: Helm
     app.kubernetes.io/instance: example
     app.kubernetes.io/component: webhook
diff --git a/charts/opentelemetry-operator/examples/default/rendered/clusterrole.yaml b/charts/opentelemetry-operator/examples/default/rendered/clusterrole.yaml
index cb7c47bca..cc6425619 100644
--- a/charts/opentelemetry-operator/examples/default/rendered/clusterrole.yaml
+++ b/charts/opentelemetry-operator/examples/default/rendered/clusterrole.yaml
@@ -6,7 +6,7 @@ metadata:
   labels:
     helm.sh/chart: opentelemetry-operator-0.42.0
     app.kubernetes.io/name: opentelemetry-operator
-    app.kubernetes.io/version: "0.88.0"
+    app.kubernetes.io/version: "0.88.1"
     app.kubernetes.io/managed-by: Helm
     app.kubernetes.io/instance: example
     app.kubernetes.io/component: controller-manager
@@ -131,6 +131,7 @@ rules:
       - monitoring.coreos.com
     resources:
       - servicemonitors
+      - podmonitors
     verbs:
       - create
       - delete
@@ -254,7 +255,7 @@ metadata:
   labels:
     helm.sh/chart: opentelemetry-operator-0.42.0
     app.kubernetes.io/name: opentelemetry-operator
-    app.kubernetes.io/version: "0.88.0"
+    app.kubernetes.io/version: "0.88.1"
     app.kubernetes.io/managed-by: Helm
     app.kubernetes.io/instance: example
     app.kubernetes.io/component: controller-manager
@@ -272,7 +273,7 @@ metadata:
   labels:
     helm.sh/chart: opentelemetry-operator-0.42.0
     app.kubernetes.io/name: opentelemetry-operator
-    app.kubernetes.io/version: "0.88.0"
+    app.kubernetes.io/version: "0.88.1"
     app.kubernetes.io/managed-by: Helm
     app.kubernetes.io/instance: example
     app.kubernetes.io/component: controller-manager
diff --git a/charts/opentelemetry-operator/examples/default/rendered/clusterrolebinding.yaml b/charts/opentelemetry-operator/examples/default/rendered/clusterrolebinding.yaml
index d84e5a37f..eaa05717e 100644
--- a/charts/opentelemetry-operator/examples/default/rendered/clusterrolebinding.yaml
+++ b/charts/opentelemetry-operator/examples/default/rendered/clusterrolebinding.yaml
@@ -6,7 +6,7 @@ metadata:
   labels:
     helm.sh/chart: opentelemetry-operator-0.42.0
     app.kubernetes.io/name: opentelemetry-operator
-    app.kubernetes.io/version: "0.88.0"
+    app.kubernetes.io/version: "0.88.1"
     app.kubernetes.io/managed-by: Helm
     app.kubernetes.io/instance: example
     app.kubernetes.io/component: controller-manager
@@ -27,7 +27,7 @@ metadata:
   labels:
     helm.sh/chart: opentelemetry-operator-0.42.0
     app.kubernetes.io/name: opentelemetry-operator
-    app.kubernetes.io/version: "0.88.0"
+    app.kubernetes.io/version: "0.88.1"
     app.kubernetes.io/managed-by: Helm
     app.kubernetes.io/instance: example
     app.kubernetes.io/component: controller-manager
diff --git a/charts/opentelemetry-operator/examples/default/rendered/deployment.yaml b/charts/opentelemetry-operator/examples/default/rendered/deployment.yaml
index a53c51bf0..71e2dd53c 100644
--- a/charts/opentelemetry-operator/examples/default/rendered/deployment.yaml
+++ b/charts/opentelemetry-operator/examples/default/rendered/deployment.yaml
@@ -6,7 +6,7 @@ metadata:
   labels:
     helm.sh/chart: opentelemetry-operator-0.42.0
     app.kubernetes.io/name: opentelemetry-operator
-    app.kubernetes.io/version: "0.88.0"
+    app.kubernetes.io/version: "0.88.1"
     app.kubernetes.io/managed-by: Helm
     app.kubernetes.io/instance: example
     app.kubernetes.io/component: controller-manager
diff --git a/charts/opentelemetry-operator/examples/default/rendered/role.yaml b/charts/opentelemetry-operator/examples/default/rendered/role.yaml
index 27fde927b..4def24c4d 100644
--- a/charts/opentelemetry-operator/examples/default/rendered/role.yaml
+++ b/charts/opentelemetry-operator/examples/default/rendered/role.yaml
@@ -6,7 +6,7 @@ metadata:
   labels:
     helm.sh/chart: opentelemetry-operator-0.42.0
     app.kubernetes.io/name: opentelemetry-operator
-    app.kubernetes.io/version: "0.88.0"
+    app.kubernetes.io/version: "0.88.1"
     app.kubernetes.io/managed-by: Helm
     app.kubernetes.io/instance: example
     app.kubernetes.io/component: controller-manager
diff --git a/charts/opentelemetry-operator/examples/default/rendered/rolebinding.yaml b/charts/opentelemetry-operator/examples/default/rendered/rolebinding.yaml
index 6dd12ced4..8cb309b4e 100644
--- a/charts/opentelemetry-operator/examples/default/rendered/rolebinding.yaml
+++ b/charts/opentelemetry-operator/examples/default/rendered/rolebinding.yaml
@@ -6,7 +6,7 @@ metadata:
   labels:
     helm.sh/chart: opentelemetry-operator-0.42.0
     app.kubernetes.io/name: opentelemetry-operator
-    app.kubernetes.io/version: "0.88.0"
+    app.kubernetes.io/version: "0.88.1"
     app.kubernetes.io/managed-by: Helm
     app.kubernetes.io/instance: example
     app.kubernetes.io/component: controller-manager
diff --git a/charts/opentelemetry-operator/examples/default/rendered/service.yaml b/charts/opentelemetry-operator/examples/default/rendered/service.yaml
index 4a9dc6976..1c0be158e 100644
--- a/charts/opentelemetry-operator/examples/default/rendered/service.yaml
+++ b/charts/opentelemetry-operator/examples/default/rendered/service.yaml
@@ -6,7 +6,7 @@ metadata:
   labels:
     helm.sh/chart: opentelemetry-operator-0.42.0
     app.kubernetes.io/name: opentelemetry-operator
-    app.kubernetes.io/version: "0.88.0"
+    app.kubernetes.io/version: "0.88.1"
     app.kubernetes.io/managed-by: Helm
     app.kubernetes.io/instance: example
     app.kubernetes.io/component: controller-manager
@@ -33,7 +33,7 @@ metadata:
   labels:
     helm.sh/chart: opentelemetry-operator-0.42.0
     app.kubernetes.io/name: opentelemetry-operator
-    app.kubernetes.io/version: "0.88.0"
+    app.kubernetes.io/version: "0.88.1"
     app.kubernetes.io/managed-by: Helm
     app.kubernetes.io/instance: example
     app.kubernetes.io/component: controller-manager
diff --git a/charts/opentelemetry-operator/examples/default/rendered/serviceaccount.yaml b/charts/opentelemetry-operator/examples/default/rendered/serviceaccount.yaml
index 9e653018c..de3551c7b 100644
--- a/charts/opentelemetry-operator/examples/default/rendered/serviceaccount.yaml
+++ b/charts/opentelemetry-operator/examples/default/rendered/serviceaccount.yaml
@@ -8,7 +8,7 @@ metadata:
   labels:
     helm.sh/chart: opentelemetry-operator-0.42.0
     app.kubernetes.io/name: opentelemetry-operator
-    app.kubernetes.io/version: "0.88.0"
+    app.kubernetes.io/version: "0.88.1"
     app.kubernetes.io/managed-by: Helm
     app.kubernetes.io/instance: example
     app.kubernetes.io/component: controller-manager
diff --git a/charts/opentelemetry-operator/examples/default/rendered/tests/test-certmanager-connection.yaml b/charts/opentelemetry-operator/examples/default/rendered/tests/test-certmanager-connection.yaml
index 7c7e65c9e..5c7641d00 100644
--- a/charts/opentelemetry-operator/examples/default/rendered/tests/test-certmanager-connection.yaml
+++ b/charts/opentelemetry-operator/examples/default/rendered/tests/test-certmanager-connection.yaml
@@ -8,7 +8,7 @@ metadata:
   labels:
     helm.sh/chart: opentelemetry-operator-0.42.0
     app.kubernetes.io/name: opentelemetry-operator
-    app.kubernetes.io/version: "0.88.0"
+    app.kubernetes.io/version: "0.88.1"
     app.kubernetes.io/managed-by: Helm
     app.kubernetes.io/instance: example
     app.kubernetes.io/component: webhook
diff --git a/charts/opentelemetry-operator/examples/default/rendered/tests/test-service-connection.yaml b/charts/opentelemetry-operator/examples/default/rendered/tests/test-service-connection.yaml
index c75407c24..1518794a0 100644
--- a/charts/opentelemetry-operator/examples/default/rendered/tests/test-service-connection.yaml
+++ b/charts/opentelemetry-operator/examples/default/rendered/tests/test-service-connection.yaml
@@ -8,7 +8,7 @@ metadata:
   labels:
     helm.sh/chart: opentelemetry-operator-0.42.0
     app.kubernetes.io/name: opentelemetry-operator
-    app.kubernetes.io/version: "0.88.0"
+    app.kubernetes.io/version: "0.88.1"
     app.kubernetes.io/managed-by: Helm
     app.kubernetes.io/instance: example
     app.kubernetes.io/component: controller-manager
@@ -45,7 +45,7 @@ metadata:
   labels:
     helm.sh/chart: opentelemetry-operator-0.42.0
     app.kubernetes.io/name: opentelemetry-operator
-    app.kubernetes.io/version: "0.88.0"
+    app.kubernetes.io/version: "0.88.1"
     app.kubernetes.io/managed-by: Helm
     app.kubernetes.io/instance: example
     app.kubernetes.io/component: controller-manager