diff --git a/README.md b/README.md
index 3ee56340123..002da0a54bc 100644
--- a/README.md
+++ b/README.md
@@ -17,8 +17,9 @@ this collection requires Python 3.6 or greater.
 
 Amazon have also announced the end of support for
 [Python less than 3.7](https://aws.amazon.com/blogs/developer/python-support-policy-updates-for-aws-sdks-and-tools/).
-As such support for Python less than 3.7 by this collection has been deprecated and will be removed in a release
-after 2023-05-31.
+As such support for Python less than 3.7 by this collection has been deprecated and will be removed in release 7.0.0.
+Additionally, support for Python less than 3.8 is expected to be removed in a release after 2024-12-01 based on currently
+available schedules.
 
 ## AWS SDK version compatibility
 
diff --git a/changelogs/fragments/python37.yml b/changelogs/fragments/python37.yml
new file mode 100644
index 00000000000..7adcdf9c74d
--- /dev/null
+++ b/changelogs/fragments/python37.yml
@@ -0,0 +1,9 @@
+deprecated_features:
+- amazon.aws collection - due to the AWS SDKs announcing the end of support
+  for Python less than 3.7 (https://aws.amazon.com/blogs/developer/python-support-policy-updates-for-aws-sdks-and-tools/)
+  support for Python less than 3.7 by this collection has been deprecated and will be removed in release 7.0.0.
+  (https://github.com/ansible-collections/amazon.aws/pull/1342).
+- amazon.aws collection - due to the AWS SDKs Python support policies
+  (https://aws.amazon.com/blogs/developer/python-support-policy-updates-for-aws-sdks-and-tools/)
+  support for Python less than 3.8 by this collection is expected to be removed in a release after 2024-12-01
+  (https://github.com/ansible-collections/amazon.aws/pull/1342).