diff --git a/CHANGELOG.md b/CHANGELOG.md
index a360c31..d8106a2 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -3,6 +3,8 @@ Changelog
 
 ## [Unreleased]
 
+## [v2.7.4] 2022-01-20
+
 - Add [Secure Boot Advanced Targeting (SBAT)][sbat] metadata.
 
 ## [v2.7.3] 2021-04-30
@@ -214,6 +216,7 @@ Changelog
 
 
 [unreleased]: https://github.com/ipxe/wimboot/commits
+[v2.7.4]: https://github.com/ipxe/wimboot/releases/tag/v2.7.4
 [v2.7.3]: https://github.com/ipxe/wimboot/releases/tag/v2.7.3
 [v2.7.2]: https://github.com/ipxe/wimboot/releases/tag/v2.7.2
 [v2.7.1]: https://github.com/ipxe/wimboot/releases/tag/v2.7.1
diff --git a/src/Makefile b/src/Makefile
index c72724b..d55c507 100644
--- a/src/Makefile
+++ b/src/Makefile
@@ -1,4 +1,4 @@
-VERSION := v2.7.3
+VERSION := v2.7.4
 
 SBAT_GENERATION := 1
 
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index ccafdde..d21c49d 100755
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