diff --git a/CHANGELOG.md b/CHANGELOG.md
index c298c3f..b73704e 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]
 
+## [1.5.0] - 2023-07-05
+
 ### Changed
 
 - Manifest generation is automated in a backward compatible way.
@@ -67,7 +69,8 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 - Add upstream CPI chart at 1.22.6
 
-[Unreleased]: https://github.com/giantswarm/cloud-provider-vsphere-app/compare/v1.4.0...HEAD
+[Unreleased]: https://github.com/giantswarm/cloud-provider-vsphere-app/compare/v1.5.0...HEAD
+[1.5.0]: https://github.com/giantswarm/cloud-provider-vsphere-app/compare/v1.4.0...v1.5.0
 [1.4.0]: https://github.com/giantswarm/cloud-provider-vsphere-app/compare/v1.3.3...v1.4.0
 [1.3.3]: https://github.com/giantswarm/cloud-provider-vsphere-app/compare/v1.3.2...v1.3.3
 [1.3.2]: https://github.com/giantswarm/cloud-provider-vsphere-app/compare/v1.3.1...v1.3.2
diff --git a/helm/cloud-provider-vsphere/Chart.yaml b/helm/cloud-provider-vsphere/Chart.yaml
index 59531a6..bcdb41e 100644
--- a/helm/cloud-provider-vsphere/Chart.yaml
+++ b/helm/cloud-provider-vsphere/Chart.yaml
@@ -1,5 +1,5 @@
 apiVersion: v2
-version: 1.4.0
+version: 1.5.0
 appVersion: 0.0.1
 name: cloud-provider-vsphere
 description: A Helm chart for cloud-provider-vsphere with CPI and CSI