diff --git a/pkg/controller/runtimecomponent/runtimecomponent_controller.go b/pkg/controller/runtimecomponent/runtimecomponent_controller.go
index 34400bea0..b0fc38af7 100644
--- a/pkg/controller/runtimecomponent/runtimecomponent_controller.go
+++ b/pkg/controller/runtimecomponent/runtimecomponent_controller.go
@@ -334,6 +334,12 @@ func (r *ReconcileRuntimeComponent) Reconcile(request reconcile.Request) (reconc
 		reqLogger.V(1).Info(fmt.Sprintf("%s is not supported on the cluster", applicationsv1beta1.SchemeGroupVersion.String()))
 	}
 
+	if r.IsOpenShift() {
+		// The order of items passed to the MergeMaps matters here! Annotations from GetOpenShiftAnnotations have higher importance. Otherwise,
+		// it is not possible to override converted annotations.
+		instance.Annotations = appstacksutils.MergeMaps(instance.Annotations, appstacksutils.GetOpenShiftAnnotations(instance))
+	}
+
 	currentGen := instance.Generation
 	err = r.GetClient().Update(context.TODO(), instance)
 	if err != nil {
@@ -440,9 +446,6 @@ func (r *ReconcileRuntimeComponent) Reconcile(request reconcile.Request) (reconc
 			ksvc := &servingv1alpha1.Service{ObjectMeta: defaultMeta}
 			err = r.CreateOrUpdate(ksvc, instance, func() error {
 				appstacksutils.CustomizeKnativeService(ksvc, instance)
-				if r.IsOpenShift() {
-					ksvc.Spec.Template.ObjectMeta.Annotations = appstacksutils.MergeMaps(appstacksutils.GetConnectToAnnotation(instance), ksvc.Spec.Template.ObjectMeta.Annotations)
-				}
 				return nil
 			})
 
@@ -510,9 +513,6 @@ func (r *ReconcileRuntimeComponent) Reconcile(request reconcile.Request) (reconc
 			appstacksutils.CustomizeStatefulSet(statefulSet, instance)
 			appstacksutils.CustomizePodSpec(&statefulSet.Spec.Template, instance)
 			appstacksutils.CustomizePersistence(statefulSet, instance)
-			if r.IsOpenShift() {
-				statefulSet.Annotations = appstacksutils.MergeMaps(appstacksutils.GetConnectToAnnotation(instance), statefulSet.Annotations)
-			}
 			return nil
 		})
 		if err != nil {
@@ -541,9 +541,6 @@ func (r *ReconcileRuntimeComponent) Reconcile(request reconcile.Request) (reconc
 		err = r.CreateOrUpdate(deploy, instance, func() error {
 			appstacksutils.CustomizeDeployment(deploy, instance)
 			appstacksutils.CustomizePodSpec(&deploy.Spec.Template, instance)
-			if r.IsOpenShift() {
-				deploy.Annotations = appstacksutils.MergeMaps(appstacksutils.GetConnectToAnnotation(instance), deploy.Annotations)
-			}
 			return nil
 		})
 		if err != nil {
diff --git a/pkg/utils/utils.go b/pkg/utils/utils.go
index 4b65a8db6..549695637 100644
--- a/pkg/utils/utils.go
+++ b/pkg/utils/utils.go
@@ -233,7 +233,6 @@ func CustomizePodSpec(pts *corev1.PodTemplateSpec, ba common.BaseComponent) {
 		appContainer.Ports[0].ContainerPort = ba.GetService().GetPort()
 	}
 
-
 	appContainer.Image = ba.GetStatus().GetImageReference()
 	if ba.GetService().GetPortName() != "" {
 		appContainer.Ports[0].Name = ba.GetService().GetPortName()
@@ -672,6 +671,7 @@ func GetWatchNamespaces() ([]string, error) {
 
 // MergeMaps returns a map containing the union of al the key-value pairs from the input maps. The order of the maps passed into the
 // func, defines the importance. e.g. if (keyA, value1) is in map1, and (keyA, value2) is in map2, mergeMaps(map1, map2) would contain (keyA, value2).
+// If the input map is nil, it is treated as empty map.
 func MergeMaps(maps ...map[string]string) map[string]string {
 	dest := make(map[string]string)
 
@@ -787,6 +787,24 @@ func GetConnectToAnnotation(ba common.BaseComponent) map[string]string {
 	return anno
 }
 
+// GetOpenShiftAnnotations returns OpenShift specific annotations
+func GetOpenShiftAnnotations(ba common.BaseComponent) map[string]string {
+	// Conversion table between the pseudo Open Container Initiative <-> OpenShift annotations
+	conversionMap := map[string]string{
+		"image.opencontainers.org/source":   "app.openshift.io/vcs-uri",
+		"image.opencontainers.org/revision": "app.openshift.io/vcs-ref",
+	}
+
+	annos := map[string]string{}
+	for from, to := range conversionMap {
+		if annoVal, ok := ba.GetAnnotations()[from]; ok {
+			annos[to] = annoVal
+		}
+	}
+
+	return MergeMaps(annos, GetConnectToAnnotation(ba))
+}
+
 // IsClusterWide returns true if watchNamespaces is set to [""]
 func IsClusterWide(watchNamespaces []string) bool {
 	return len(watchNamespaces) == 1 && watchNamespaces[0] == ""