diff --git a/metadata.yaml b/metadata.yaml
index 00aac38..0895b4f 100644
--- a/metadata.yaml
+++ b/metadata.yaml
@@ -1,6 +1,11 @@
-apiVersion: clusterctl.cluster.x-k8s.io/v1beta1
-kind: Metadata
+# maps release series of major.minor to cluster-api contract version
+# the contract version may change between minor or major versions, but *not*
+# between patch versions.
+#
+# update this file only when a new major or minor version is released
+apiVersion: clusterctl.cluster.x-k8s.io/v1alpha3
 releaseSeries:
-- major: 0
-  minor: 1
-  contract: v1beta1
+  - major: 0
+    minor: 1
+    contract: v1beta1
+