diff --git a/README.md b/README.md
index ddaf3d507..9b2421a97 100644
--- a/README.md
+++ b/README.md
@@ -65,6 +65,15 @@ Every voice is important and every idea is valuable. If you have something on yo
   - [mysql_user](https://docs.ansible.com/ansible/latest/collections/community/mysql/mysql_user_module.html)
   - [mysql_variables](https://docs.ansible.com/ansible/latest/collections/community/mysql/mysql_variables_module.html)
 
+## Releases Support Timeline
+
+We maintain each major release (1.x.y, 2.x.y, ...) for two years after the next major version is released.
+
+Here is the table for the support timeline:
+
+- 1.x.y: released 2020-08-17, EOL
+- 2.x.y: released 2021-04-15, EOL
+
 ## Tested with
 
 ### ansible-core
diff --git a/changelogs/fragments/0-stable-2-eol.yml b/changelogs/fragments/0-stable-2-eol.yml
new file mode 100644
index 000000000..afcad73ec
--- /dev/null
+++ b/changelogs/fragments/0-stable-2-eol.yml
@@ -0,0 +1,2 @@
+major_changes:
+- "Collection version 2.*.* is EOL, no more bugfixes will be backported. Please consider upgrading to the latest version."