The pair – who first reportedly got together at a Golden Globes afterparty in January last year – have decided to take “respectful and loving space”.
“Before rumoursor falsifications get out of hand we can confirm that Orlando and Katy are taking respectful, loving space at this time,” their representatives told US Weekly in a statement.
The couple’s decision to pause their romance comes after the A-List pair enjoyed a night out at the Oscars Vanity Fair after-party at the weekend.
The 32-year-old singer and the 40-year-old actor posed for many photos during the bash although they didn’t walk the red carpet together.
On Monday, the Pirates and the Caribbean star even posted a selfie on Instagram with Katy’s dog Butters and wrote on the image “a mighty heart”.
The pair squashed rumours of a split last November when Katy shared a video of Orlando joining her family for Thanksgiving.
She began the short clip of her family in the kitchen which showed the movie star in matching pyjamas cradling a baby whilst looking at his phone.
The post came after it was reported last year that Orlando – who has a five-year-old child with ex-wife Miranda Kerr – wasn’t ready to take things with Katy to the next level.
But the pair previously looked loved up on Halloween with Katy dressed as Hillary Clinton while Orlando opted for a similar costume dressed as Donald Trump as they attended Kate Hudson’s party.
They had enjoyed a lot of jet-setting during their time together, but most memorable were photos of the two enjoying a romantic holiday in Sardinia that sent fans wild.
Pictures were released of the Hollywood actor standing on a paddle board completely naked whilst Katy sat behind him.