diff --git a/CHANGELOG.md b/CHANGELOG.md
index 497e428..b65a900 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -7,6 +7,8 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 ## [Unreleased]
 
+## [0.5.0] - 2024-03-22
+
 ### Added
 
 - Add policy to block `k8s-initiator-app` deployment on CAPA.
@@ -90,7 +92,8 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 - Initial policies moved from [`kyverno-policies`](https://github.com/giantswarm/kyverno-policies).
 - Push to AWS, KVM, and OpenStack collections.
 
-[Unreleased]: https://github.com/giantswarm/kyverno-policies-dx/compare/v0.4.5...HEAD
+[Unreleased]: https://github.com/giantswarm/kyverno-policies-dx/compare/v0.5.0...HEAD
+[0.5.0]: https://github.com/giantswarm/kyverno-policies-dx/compare/v0.4.5...v0.5.0
 [0.4.5]: https://github.com/giantswarm/kyverno-policies-dx/compare/v0.4.4...v0.4.5
 [0.4.4]: https://github.com/giantswarm/kyverno-policies-dx/compare/v0.4.3...v0.4.4
 [0.4.3]: https://github.com/giantswarm/kyverno-policies-dx/compare/v0.4.2...v0.4.3