The stars have stated that they are taking a “Respectful, Loving Space”.

A statement to PEOPLE from both Perry and Bloom’s reps reads “Before rumors or falsifications get out of hand, we can confirm that Orlando and Katy are taking respectful, loving space at this time.”

The couple, who have dated for a little over a year, were seen at the annual Vanity Fair Oscars party on Sunday after weeks of travelling apart.

The pair posed together inside the event and cozied up for the camera. Perry paired her platinum locks with a beautiful shimmery bonze gown while Bloom looked dashing in a black tux.

An insider at the party said that aside from posing for the photo together, the couple didn’t interact much and mainly mingled with their own friends. “Katy didn’t spend much time with Orlando. They got together for a photo, but that was about it,” said the source.

Busy schedules:

Both stars have been overseas since the beginning of 2017. Bloom, 40, Bloom just got back from a UNICEF mission to Diffa, the southeast region of Niger. While in late January, he visited a high school in Greater Manchester, England, to visit his former teacher’s drama class.

While Perry has been busy promoting and performing “Chained to the Rhythm” her new single. She performed at the Grammys in Los Angeles, and then in the U.K. at the BRIT Awards. Next up, she’s performing at the iHeartRadio Music Awards on Sunday in Los Angeles.

Bloom and Perry’s celebrated her 32nd birthday in October at the singer’s 1950s-themed bash. The pair had coordinated outfits for Halloween with the singer transforming herself into Hillary Clinton while Bloom dressed up as a cartoonish Donald Trump. Then went to Burning Man in September.

During November, they spent time apart as Perry was campaigning for Clinton while Bloom was in China, filming Smart Chase: Fire & Earth.

The end of a serious relationship:

The pair began dating back in January. They looked very happy together, according to a source. At one point in time, signs pointed to a lasting relationship, maybe even an engagement. “Bloom always gushes about Katy and thinks she is amazing in a million ways. He would love to settle down with Katy and have more kids. He hasn’t been this serious about a girl since Miranda Kerr” the source added.

Kerr and Bloom, divorced in 2013 after three years of marriage and having their son Flynn. In 2012, Perry began dating John Mayer in an on-again, off-again relationship until she began dating Bloom.