diff --git a/charts/ratify/Chart.yaml b/charts/ratify/Chart.yaml
index 6578abbf9..f727697e1 100644
--- a/charts/ratify/Chart.yaml
+++ b/charts/ratify/Chart.yaml
@@ -1,6 +1,6 @@
 apiVersion: v2
 name: ratify
 description: A Helm chart for Ratify
-version: 1.1.1
-appVersion: v1.0.0-alpha.3
+version: 1.2.0
+appVersion: v1.0.0-beta.1
 home: https://github.com/deislabs/ratify
diff --git a/charts/ratify/values.yaml b/charts/ratify/values.yaml
index a3b4dccff..8500a2f6e 100644
--- a/charts/ratify/values.yaml
+++ b/charts/ratify/values.yaml
@@ -1,7 +1,7 @@
 image:
   repository: ghcr.io/deislabs/ratify
   crdRepository: ghcr.io/deislabs/ratify-crds
-  tag: v1.0.0-alpha.3
+  tag: v1.0.0-beta.1
   pullPolicy: IfNotPresent
 
 nameOverride: ""