If the goal is to build fault-tolerant systems, then one should never catch an exception that one cannot deal with completely. And since OOM is almost by definition impossible to deal with completely, one should not catch it. Unless, of course, one is going to suicide the process.
This is a specific instance of the general rule about building fault-tolerant systems: when a fault occurs, it should be allowed to propagate upward/outward to the boundary of the region of the system that can conclusively and fully deal with the fault, repairing it completely.
Rick Harper’s notes on fault-tolerance explain in detail: https://www.fastonline.it/sites/default/files/2019-06/RobustProgramming.pdf