diff --git a/charts/community-operator-crds/Chart.yaml b/charts/community-operator-crds/Chart.yaml
index e9df3446..8ef5b490 100644
--- a/charts/community-operator-crds/Chart.yaml
+++ b/charts/community-operator-crds/Chart.yaml
@@ -2,8 +2,8 @@ apiVersion: v2
 name: community-operator-crds
 description: MongoDB Kubernetes Community Operator - CRDs
 type: application
-version: 0.11.0
-appVersion: 0.11.0
+version: 0.12.0
+appVersion: 0.12.0
 kubeVersion: '>=1.16-0'
 keywords:
 - mongodb
diff --git a/charts/community-operator/Chart.yaml b/charts/community-operator/Chart.yaml
index d5b5fe97..0a64d21b 100644
--- a/charts/community-operator/Chart.yaml
+++ b/charts/community-operator/Chart.yaml
@@ -1,9 +1,9 @@
 apiVersion: v2
 name: community-operator
 description: MongoDB Kubernetes Community Operator
-version: 0.11.0
+version: 0.12.0
 type: application
-appVersion: 0.11.0
+appVersion: 0.12.0
 kubeVersion: '>=1.16-0'
 keywords:
 - mongodb
@@ -16,6 +16,6 @@ maintainers:
   email: support@mongodb.com
 dependencies:
 - name: community-operator-crds
-  version: 0.11.0
+  version: 0.12.0
   repository: https://mongodb.github.io/helm-charts
   condition: community-operator-crds.enabled
diff --git a/charts/community-operator/values.yaml b/charts/community-operator/values.yaml
index 036f39cc..0ccae099 100644
--- a/charts/community-operator/values.yaml
+++ b/charts/community-operator/values.yaml
@@ -15,7 +15,7 @@ operator:
   deploymentName: mongodb-kubernetes-operator
 
   # Version of mongodb-kubernetes-operator
-  version: 0.11.0
+  version: 0.12.0
 
   # Uncomment this line to watch all namespaces
   # watchNamespace: "*"
@@ -62,13 +62,13 @@ database:
 
 agent:
   name: mongodb-agent-ubi
-  version: 107.0.7.8596-1
+  version: 108.0.2.8729-1
 versionUpgradeHook:
   name: mongodb-kubernetes-operator-version-upgrade-post-start-hook
   version: 1.0.9
 readinessProbe:
   name: mongodb-kubernetes-readinessprobe
-  version: 1.0.20
+  version: 1.0.22
 mongodb:
   name: mongodb-community-server
   repo: docker.io/mongodb