Tested and verified in 4.11.0-0.nightly-2022-06-01-200905

[weliang@weliang multus_logs]$ oc get ds multus -o yaml 
apiVersion: apps/v1
kind: DaemonSet
metadata:
  annotations:
    deprecated.daemonset.template.generation: "1"
    kubernetes.io/description: |
      This daemon set launches the Multus networking component on each node.
    release.openshift.io/version: 4.11.0-0.nightly-2022-06-01-200905
  creationTimestamp: "2022-06-02T13:34:00Z"
  generation: 1
  labels:
    networkoperator.openshift.io/generates-operator-status: ""
  name: multus
  namespace: openshift-multus
  ownerReferences:
  - apiVersion: operator.openshift.io/v1
    blockOwnerDeletion: true
    controller: true
    kind: Network
    name: cluster
    uid: 24135e86-9624-4be1-a4eb-a61fd750b8d4
  resourceVersion: "20264"
  uid: 37b2f806-186a-45e2-a29d-4f62cbefb3c9
spec:
  revisionHistoryLimit: 10
  selector:
    matchLabels:
      app: multus
  template:
    metadata:
      annotations:
        target.workload.openshift.io/management: '{"effect": "PreferredDuringScheduling"}'
      creationTimestamp: null
      labels:
        app: multus
        component: network
        openshift.io/component: network
        type: infra
    spec:
      containers:
      - args:
        - |
          /entrypoint/cnibincopy.sh; exec /entrypoint.sh --multus-conf-file=auto --multus-autoconfig-dir=/host/var/run/multus/cni/net.d --multus-kubeconfig-file-host=/etc/kubernetes/cni/net.d/multus.d/multus.kubeconfig --readiness-indicator-file=/var/run/multus/cni/net.d/80-openshift-network.conf --cleanup-config-on-exit=true --namespace-isolation=true --multus-log-level=debug --multus-log-file=/var/run/multus/cni/net.d/multus.log --cni-version=0.3.1 --additional-bin-dir=/opt/multus/bin --skip-multus-binary-copy=true - "--global-namespaces=default,openshift-multus,openshift-sriov-network-operator"
        command:
        - /bin/bash
        - -ec
        - --
        env:
        - name: RHEL7_SOURCE_DIRECTORY
          value: /usr/src/multus-cni/rhel7/bin/
        - name: RHEL8_SOURCE_DIRECTORY
          value: /usr/src/multus-cni/rhel8/bin/
        - name: DEFAULT_SOURCE_DIRECTORY
          value: /usr/src/multus-cni/bin/
        - name: KUBERNETES_SERVICE_PORT
          value: "6443"
        - name: KUBERNETES_SERVICE_HOST
          value: api-int.weliang-621.qe.gcp.devcluster.openshift.com
        image: quay.io/openshift-release-dev/ocp-v4.0-art-dev@sha256:7ed23c0645083bac0ed470116cf45462243db4a83ddf321cce32b2de95e02716
        imagePullPolicy: IfNotPresent
        name: kube-multus
        resources:
          requests:
            cpu: 10m
            memory: 65Mi
        securityContext:
          privileged: true
        terminationMessagePath: /dev/termination-log
        terminationMessagePolicy: File
        volumeMounts:
        - mountPath: /entrypoint
          name: cni-binary-copy
        - mountPath: /host/etc/os-release
          name: os-release
        - mountPath: /host/etc/cni/net.d
          name: system-cni-dir
        - mountPath: /host/var/run/multus/cni/net.d
          name: multus-cni-dir
        - mountPath: /host/opt/cni/bin
          name: cnibin
      dnsPolicy: ClusterFirst
      hostNetwork: true
      nodeSelector:
        kubernetes.io/os: linux
      priorityClassName: system-node-critical
      restartPolicy: Always
      schedulerName: default-scheduler
      securityContext: {}
      serviceAccount: multus
      serviceAccountName: multus
      terminationGracePeriodSeconds: 10
      tolerations:
      - operator: Exists
      volumes:
      - hostPath:
          path: /etc/kubernetes/cni/net.d
          type: Directory
        name: system-cni-dir
      - hostPath:
          path: /var/run/multus/cni/net.d
          type: Directory
        name: multus-cni-dir
      - hostPath:
          path: /var/lib/cni/bin
          type: Directory
        name: cnibin
      - hostPath:
          path: /etc/os-release
          type: File
        name: os-release
      - configMap:
          defaultMode: 484
          name: cni-copy-resources
        name: cni-binary-copy
  updateStrategy:
    rollingUpdate:
      maxSurge: 0
      maxUnavailable: 10%
    type: RollingUpdate
status:
  currentNumberScheduled: 6
  desiredNumberScheduled: 6
  numberAvailable: 6
  numberMisscheduled: 0
  numberReady: 6
  observedGeneration: 1
  updatedNumberScheduled: 6
[weliang@weliang multus_logs]$ oc get clusterversion
NAME      VERSION                              AVAILABLE   PROGRESSING   SINCE   STATUS
version   4.11.0-0.nightly-2022-06-01-200905   True        False         111m    Cluster version is 4.11.0-0.nightly-2022-06-01-200905
[weliang@weliang multus_logs]$

Since the problem described in this bug report should be
resolved in a recent advisory, it has been closed with a
resolution of ERRATA.

For information on the advisory (Important: OpenShift Container Platform 4.11.0 bug fix and security update), and where to find the updated
files, follow the link below.

If the solution does not work for you, open a new bug report.

https://access.redhat.com/errata/RHSA-2022:5069