We discussed this elsewhere but it's worth updating this ticket too.

22.04 and 24.04 will most likely both be on openssl 3.0. It seems
unlikely there is another LTS in time for 24.04.

There are several tickets upstream about performance regression and I'm
not aware of a few specific and isolated ones that reclaim that
performance (I'm not even sure HEAD has reclaimed it yet). The more time
passes by, the more difficult backports will be, especially since some
of the changes seem to be related to the architecture.

Overall I'm not very confident we can tackle this.

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https://bugs.launchpad.net/bugs/2009544

Title:
  OpenSSL 3 performance regression

Status in openssl package in Ubuntu:
  New

Bug description:
  Hello, it sounds like there's some significant performance regressions
  in OpenSSL 3:

  https://github.com/openssl/openssl/issues/20286#issuecomment-1438826816

  Some we might be able to address with:
  https://github.com/openssl/openssl/pull/18151

  Some of the performance differences may be subject to ongoing work.

  Thanks

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