diff --git a/onnxruntime/core/providers/openvino/backend_manager.cc b/onnxruntime/core/providers/openvino/backend_manager.cc
index 4fca4037301fb..ffbdbecfe20f9 100644
--- a/onnxruntime/core/providers/openvino/backend_manager.cc
+++ b/onnxruntime/core/providers/openvino/backend_manager.cc
@@ -225,6 +225,12 @@ Status BackendManager::ExportCompiledBlobAsEPCtxNode(const onnxruntime::GraphVie
   return Status::OK();
 }
 
+void BackendManager::SetDynamicWorkloadType(const std::string& value) {
+  auto ov_execution_network = concrete_backend_->GetOVCompiledModel();
+  ov_execution_network.set_property({{"WORKLOAD_TYPE", value}});
+  LOGS_DEFAULT(VERBOSE) << "[OpenVINO-EP] " << value << " workload type mode is set for OV inference";
+}
+
 bool BackendManager::ModelHasBatchedInputs(const ONNX_NAMESPACE::ModelProto& model_proto) const {
   bool has_batched_inputs = true;
 
diff --git a/onnxruntime/core/providers/openvino/backend_manager.h b/onnxruntime/core/providers/openvino/backend_manager.h
index b9ff7a72372b3..3f50d7ac38977 100644
--- a/onnxruntime/core/providers/openvino/backend_manager.h
+++ b/onnxruntime/core/providers/openvino/backend_manager.h
@@ -30,6 +30,7 @@ class BackendManager {
   GlobalContext& GetGlobalContext();
   Status ExportCompiledBlobAsEPCtxNode(const onnxruntime::GraphViewer& subgraph,
                                        const logging::Logger& logger);
+  void SetDynamicWorkloadType(const std::string &value);
 
  private:
   std::unique_ptr<ONNX_NAMESPACE::ModelProto> GetModelProtoFromFusedNode(
diff --git a/onnxruntime/core/providers/openvino/openvino_execution_provider.cc b/onnxruntime/core/providers/openvino/openvino_execution_provider.cc
index 313e164f654c2..73c607dd4a31f 100644
--- a/onnxruntime/core/providers/openvino/openvino_execution_provider.cc
+++ b/onnxruntime/core/providers/openvino/openvino_execution_provider.cc
@@ -206,4 +206,19 @@ std::vector<AllocatorPtr> OpenVINOExecutionProvider::CreatePreferredAllocators()
 }
 #endif
 
+common::Status OpenVINOExecutionProvider::SetEpDynamicOptions(
+  gsl::span<const char* const> keys, gsl::span<const char* const> values) {
+  for (auto key : keys) {
+    if (strcmp(key, "ep.dynamic.workload_type") == 0) {
+      for (auto val : values) {
+        if (strcmp(val, "Efficient") == 0) {
+          backend_manager_->SetDynamicWorkloadType("EFFICIENT");
+        } else if (strcmp(val, "Default") == 0) {
+          backend_manager_->SetDynamicWorkloadType("DEFAULT");
+        }
+      }
+    }
+  }
+  return Status::OK();
+}
 }  // namespace onnxruntime