diff --git a/CHANGELOG.md b/CHANGELOG.md
index 70c81246f46..404e3cc5e08 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,22 @@
 # Changelog
 
+### [2.0.5](https://github.com/kubeflow/pipelines/compare/2.0.4...2.0.5) (2023-12-08)
+
+
+### Features
+
+* **backend:** Parameterizing v2 Launcher and Driver Images ([\#10269](https://github.com/kubeflow/pipelines/issues/10269)) ([23a2bc3](https://github.com/kubeflow/pipelines/commit/23a2bc3ba370e28a5ef5f0e0df1e40ec8f7888b9))
+
+
+### Bug Fixes
+
+* **components:** Append `tune-type` label when uploading models tuned by `preview.llm.rlhf_pipeline` ([708b8bd](https://github.com/kubeflow/pipelines/commit/708b8bd62357b1323e1a5127d5d914d7325bbdee))
+
+
+### Other Pull Requests
+
+* Update SECURITY.md ([\#10279](https://github.com/kubeflow/pipelines/issues/10279)) ([1499c4a](https://github.com/kubeflow/pipelines/commit/1499c4ae895613a7ff2458b2bd5ef98a548a33cb))
+
 ### [2.0.4](https://github.com/kubeflow/pipelines/compare/2.0.3...2.0.4) (2023-12-01)
 
 
diff --git a/VERSION b/VERSION
index 26e33797acf..b9d2bdfd653 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-2.0.4
\ No newline at end of file
+2.0.5
\ No newline at end of file
diff --git a/backend/api/v1beta1/python_http_client/README.md b/backend/api/v1beta1/python_http_client/README.md
index a0787d7d279..08cea653143 100644
--- a/backend/api/v1beta1/python_http_client/README.md
+++ b/backend/api/v1beta1/python_http_client/README.md
@@ -3,8 +3,8 @@ This file contains REST API specification for Kubeflow Pipelines. The file is au
 
 This Python package is automatically generated by the [OpenAPI Generator](https://openapi-generator.tech) project:
 
-- API version: 2.0.4
-- Package version: 2.0.4
+- API version: 2.0.5
+- Package version: 2.0.5
 - Build package: org.openapitools.codegen.languages.PythonClientCodegen
 For more information, please visit [https://www.google.com](https://www.google.com)
 
diff --git a/backend/api/v1beta1/python_http_client/kfp_server_api/__init__.py b/backend/api/v1beta1/python_http_client/kfp_server_api/__init__.py
index 042232c2bc5..6e1b405ca8d 100644
--- a/backend/api/v1beta1/python_http_client/kfp_server_api/__init__.py
+++ b/backend/api/v1beta1/python_http_client/kfp_server_api/__init__.py
@@ -14,7 +14,7 @@
 
 from __future__ import absolute_import
 
-__version__ = "2.0.4"
+__version__ = "2.0.5"
 
 # import apis into sdk package
 from kfp_server_api.api.experiment_service_api import ExperimentServiceApi
diff --git a/backend/api/v1beta1/python_http_client/kfp_server_api/api_client.py b/backend/api/v1beta1/python_http_client/kfp_server_api/api_client.py
index 4954da6a87c..500dc0b988f 100644
--- a/backend/api/v1beta1/python_http_client/kfp_server_api/api_client.py
+++ b/backend/api/v1beta1/python_http_client/kfp_server_api/api_client.py
@@ -78,7 +78,7 @@ def __init__(self, configuration=None, header_name=None, header_value=None,
             self.default_headers[header_name] = header_value
         self.cookie = cookie
         # Set default User-Agent.
-        self.user_agent = 'OpenAPI-Generator/2.0.4/python'
+        self.user_agent = 'OpenAPI-Generator/2.0.5/python'
         self.client_side_validation = configuration.client_side_validation
 
     def __enter__(self):
diff --git a/backend/api/v1beta1/python_http_client/kfp_server_api/configuration.py b/backend/api/v1beta1/python_http_client/kfp_server_api/configuration.py
index 74733376d50..da95d76fa52 100644
--- a/backend/api/v1beta1/python_http_client/kfp_server_api/configuration.py
+++ b/backend/api/v1beta1/python_http_client/kfp_server_api/configuration.py
@@ -351,8 +351,8 @@ def to_debug_report(self):
         return "Python SDK Debug Report:\n"\
                "OS: {env}\n"\
                "Python Version: {pyversion}\n"\
-               "Version of the API: 2.0.4\n"\
-               "SDK Package Version: 2.0.4".\
+               "Version of the API: 2.0.5\n"\
+               "SDK Package Version: 2.0.5".\
                format(env=sys.platform, pyversion=sys.version)
 
     def get_host_settings(self):
diff --git a/backend/api/v1beta1/python_http_client/setup.py b/backend/api/v1beta1/python_http_client/setup.py
index 5499276dadc..d9c295d31a9 100644
--- a/backend/api/v1beta1/python_http_client/setup.py
+++ b/backend/api/v1beta1/python_http_client/setup.py
@@ -13,7 +13,7 @@
 from setuptools import setup, find_packages  # noqa: H301
 
 NAME = "kfp-server-api"
-VERSION = "2.0.4"
+VERSION = "2.0.5"
 # To install the library, run the following
 #
 # python setup.py install
diff --git a/backend/api/v1beta1/swagger/kfp_api_single_file.swagger.json b/backend/api/v1beta1/swagger/kfp_api_single_file.swagger.json
index 51eab0b868e..daf1fda90ae 100644
--- a/backend/api/v1beta1/swagger/kfp_api_single_file.swagger.json
+++ b/backend/api/v1beta1/swagger/kfp_api_single_file.swagger.json
@@ -2,7 +2,7 @@
   "swagger": "2.0",
   "info": {
     "title": "Kubeflow Pipelines API",
-    "version": "2.0.4",
+    "version": "2.0.5",
     "description": "This file contains REST API specification for Kubeflow Pipelines. The file is autogenerated from the swagger definition.",
     "contact": {
       "name": "google",
diff --git a/backend/api/v2beta1/python_http_client/README.md b/backend/api/v2beta1/python_http_client/README.md
index 22c22368112..f8d7a4a9902 100644
--- a/backend/api/v2beta1/python_http_client/README.md
+++ b/backend/api/v2beta1/python_http_client/README.md
@@ -3,8 +3,8 @@ This file contains REST API specification for Kubeflow Pipelines. The file is au
 
 This Python package is automatically generated by the [OpenAPI Generator](https://openapi-generator.tech) project:
 
-- API version: 2.0.4
-- Package version: 2.0.4
+- API version: 2.0.5
+- Package version: 2.0.5
 - Build package: org.openapitools.codegen.languages.PythonClientCodegen
 For more information, please visit [https://www.google.com](https://www.google.com)
 
diff --git a/backend/api/v2beta1/python_http_client/kfp_server_api/__init__.py b/backend/api/v2beta1/python_http_client/kfp_server_api/__init__.py
index 00671f620e2..89ffd206968 100644
--- a/backend/api/v2beta1/python_http_client/kfp_server_api/__init__.py
+++ b/backend/api/v2beta1/python_http_client/kfp_server_api/__init__.py
@@ -14,7 +14,7 @@
 
 from __future__ import absolute_import
 
-__version__ = "2.0.4"
+__version__ = "2.0.5"
 
 # import apis into sdk package
 from kfp_server_api.api.auth_service_api import AuthServiceApi
diff --git a/backend/api/v2beta1/python_http_client/kfp_server_api/api_client.py b/backend/api/v2beta1/python_http_client/kfp_server_api/api_client.py
index 4954da6a87c..500dc0b988f 100644
--- a/backend/api/v2beta1/python_http_client/kfp_server_api/api_client.py
+++ b/backend/api/v2beta1/python_http_client/kfp_server_api/api_client.py
@@ -78,7 +78,7 @@ def __init__(self, configuration=None, header_name=None, header_value=None,
             self.default_headers[header_name] = header_value
         self.cookie = cookie
         # Set default User-Agent.
-        self.user_agent = 'OpenAPI-Generator/2.0.4/python'
+        self.user_agent = 'OpenAPI-Generator/2.0.5/python'
         self.client_side_validation = configuration.client_side_validation
 
     def __enter__(self):
diff --git a/backend/api/v2beta1/python_http_client/kfp_server_api/configuration.py b/backend/api/v2beta1/python_http_client/kfp_server_api/configuration.py
index 74733376d50..da95d76fa52 100644
--- a/backend/api/v2beta1/python_http_client/kfp_server_api/configuration.py
+++ b/backend/api/v2beta1/python_http_client/kfp_server_api/configuration.py
@@ -351,8 +351,8 @@ def to_debug_report(self):
         return "Python SDK Debug Report:\n"\
                "OS: {env}\n"\
                "Python Version: {pyversion}\n"\
-               "Version of the API: 2.0.4\n"\
-               "SDK Package Version: 2.0.4".\
+               "Version of the API: 2.0.5\n"\
+               "SDK Package Version: 2.0.5".\
                format(env=sys.platform, pyversion=sys.version)
 
     def get_host_settings(self):
diff --git a/backend/api/v2beta1/python_http_client/setup.py b/backend/api/v2beta1/python_http_client/setup.py
index 5499276dadc..d9c295d31a9 100644
--- a/backend/api/v2beta1/python_http_client/setup.py
+++ b/backend/api/v2beta1/python_http_client/setup.py
@@ -13,7 +13,7 @@
 from setuptools import setup, find_packages  # noqa: H301
 
 NAME = "kfp-server-api"
-VERSION = "2.0.4"
+VERSION = "2.0.5"
 # To install the library, run the following
 #
 # python setup.py install
diff --git a/backend/api/v2beta1/swagger/kfp_api_single_file.swagger.json b/backend/api/v2beta1/swagger/kfp_api_single_file.swagger.json
index 20058be13a1..8f3e5ee04e0 100644
--- a/backend/api/v2beta1/swagger/kfp_api_single_file.swagger.json
+++ b/backend/api/v2beta1/swagger/kfp_api_single_file.swagger.json
@@ -2,7 +2,7 @@
   "swagger": "2.0",
   "info": {
     "title": "Kubeflow Pipelines API",
-    "version": "2.0.4",
+    "version": "2.0.5",
     "description": "This file contains REST API specification for Kubeflow Pipelines. The file is autogenerated from the swagger definition.",
     "contact": {
       "name": "google",
diff --git a/manifests/gcp_marketplace/chart/kubeflow-pipelines/templates/application.yaml b/manifests/gcp_marketplace/chart/kubeflow-pipelines/templates/application.yaml
index 2c02109ed7e..d6f7f35f2cd 100644
--- a/manifests/gcp_marketplace/chart/kubeflow-pipelines/templates/application.yaml
+++ b/manifests/gcp_marketplace/chart/kubeflow-pipelines/templates/application.yaml
@@ -12,7 +12,7 @@ metadata:
 spec:
   descriptor:
     type: Kubeflow Pipelines
-    version: 2.0.4
+    version: 2.0.5
     description: |-
       Reusable end-to-end ML workflow
     maintainers:
diff --git a/manifests/gcp_marketplace/schema.yaml b/manifests/gcp_marketplace/schema.yaml
index 3b30532c6d7..53537db30b3 100644
--- a/manifests/gcp_marketplace/schema.yaml
+++ b/manifests/gcp_marketplace/schema.yaml
@@ -1,9 +1,9 @@
 x-google-marketplace:
   schemaVersion: v2
   applicationApiVersion: v1beta1
-  publishedVersion: 2.0.4
+  publishedVersion: 2.0.5
   publishedVersionMetadata:
-    releaseNote: Based on 2.0.4 version.
+    releaseNote: Based on 2.0.5 version.
     releaseTypes:
       - Feature
     recommended: false
diff --git a/manifests/kustomize/base/cache-deployer/kustomization.yaml b/manifests/kustomize/base/cache-deployer/kustomization.yaml
index a9a9e0db01d..a68c93fd8ae 100644
--- a/manifests/kustomize/base/cache-deployer/kustomization.yaml
+++ b/manifests/kustomize/base/cache-deployer/kustomization.yaml
@@ -8,4 +8,4 @@ commonLabels:
   app: cache-deployer
 images:
   - name: gcr.io/ml-pipeline/cache-deployer
-    newTag: 2.0.4
+    newTag: 2.0.5
diff --git a/manifests/kustomize/base/cache/kustomization.yaml b/manifests/kustomize/base/cache/kustomization.yaml
index 979e0be78ef..8cafba774c6 100644
--- a/manifests/kustomize/base/cache/kustomization.yaml
+++ b/manifests/kustomize/base/cache/kustomization.yaml
@@ -10,4 +10,4 @@ commonLabels:
   app: cache-server
 images:
   - name: gcr.io/ml-pipeline/cache-server
-    newTag: 2.0.4
+    newTag: 2.0.5
diff --git a/manifests/kustomize/base/installs/generic/pipeline-install-config.yaml b/manifests/kustomize/base/installs/generic/pipeline-install-config.yaml
index 99f569ad226..30dd486cbb0 100644
--- a/manifests/kustomize/base/installs/generic/pipeline-install-config.yaml
+++ b/manifests/kustomize/base/installs/generic/pipeline-install-config.yaml
@@ -11,7 +11,7 @@ data:
     until the changes take effect. A quick way to restart all deployments in a
     namespace: `kubectl rollout restart deployment -n <your-namespace>`.
   appName: pipeline
-  appVersion: 2.0.4
+  appVersion: 2.0.5
   dbHost: mysql # relic to be removed after release
   dbPort: "3306" # relic to be removed after release
   dbType: mysql
diff --git a/manifests/kustomize/base/metadata/base/kustomization.yaml b/manifests/kustomize/base/metadata/base/kustomization.yaml
index 1c0cd58d095..af257e32462 100644
--- a/manifests/kustomize/base/metadata/base/kustomization.yaml
+++ b/manifests/kustomize/base/metadata/base/kustomization.yaml
@@ -9,4 +9,4 @@ resources:
   - metadata-grpc-sa.yaml
 images:
   - name: gcr.io/ml-pipeline/metadata-envoy
-    newTag: 2.0.4
+    newTag: 2.0.5
diff --git a/manifests/kustomize/base/pipeline/kustomization.yaml b/manifests/kustomize/base/pipeline/kustomization.yaml
index 154624eb77f..a0a855a58c1 100644
--- a/manifests/kustomize/base/pipeline/kustomization.yaml
+++ b/manifests/kustomize/base/pipeline/kustomization.yaml
@@ -37,14 +37,14 @@ resources:
   - kfp-launcher-configmap.yaml
 images:
   - name: gcr.io/ml-pipeline/api-server
-    newTag: 2.0.4
+    newTag: 2.0.5
   - name: gcr.io/ml-pipeline/persistenceagent
-    newTag: 2.0.4
+    newTag: 2.0.5
   - name: gcr.io/ml-pipeline/scheduledworkflow
-    newTag: 2.0.4
+    newTag: 2.0.5
   - name: gcr.io/ml-pipeline/frontend
-    newTag: 2.0.4
+    newTag: 2.0.5
   - name: gcr.io/ml-pipeline/viewer-crd-controller
-    newTag: 2.0.4
+    newTag: 2.0.5
   - name: gcr.io/ml-pipeline/visualization-server
-    newTag: 2.0.4
+    newTag: 2.0.5
diff --git a/manifests/kustomize/base/pipeline/metadata-writer/kustomization.yaml b/manifests/kustomize/base/pipeline/metadata-writer/kustomization.yaml
index 422de05845d..5d4cec9dd32 100644
--- a/manifests/kustomize/base/pipeline/metadata-writer/kustomization.yaml
+++ b/manifests/kustomize/base/pipeline/metadata-writer/kustomization.yaml
@@ -7,4 +7,4 @@ resources:
   - metadata-writer-sa.yaml
 images:
   - name: gcr.io/ml-pipeline/metadata-writer
-    newTag: 2.0.4
+    newTag: 2.0.5
diff --git a/manifests/kustomize/env/gcp/inverse-proxy/kustomization.yaml b/manifests/kustomize/env/gcp/inverse-proxy/kustomization.yaml
index 838c1ab7aa4..9c2d3b3d5c4 100644
--- a/manifests/kustomize/env/gcp/inverse-proxy/kustomization.yaml
+++ b/manifests/kustomize/env/gcp/inverse-proxy/kustomization.yaml
@@ -2,7 +2,7 @@ apiVersion: kustomize.config.k8s.io/v1beta1
 kind: Kustomization
 images:
   - name: gcr.io/ml-pipeline/inverse-proxy-agent
-    newTag: 2.0.4
+    newTag: 2.0.5
 resources:
   - proxy-configmap.yaml
   - proxy-deployment.yaml