diff --git a/configure.ac b/configure.ac
index 278a8d5d..db630e0f 100644
--- a/configure.ac
+++ b/configure.ac
@@ -2,7 +2,7 @@
 # Process this file with autoconf to produce a configure script.
 
 AC_PREREQ([2.69])
-AC_INIT([pkcs11-provider], [0.2], [simo@redhat.com])
+AC_INIT([pkcs11-provider], [0.3], [simo@redhat.com])
 AC_CONFIG_SRCDIR([src/provider.c])
 AC_CONFIG_HEADERS([src/config.h])
 AM_INIT_AUTOMAKE([foreign dist-xz -Wall -Werror])
diff --git a/packaging/pkcs11-provider.spec b/packaging/pkcs11-provider.spec
index 3497a0a8..85dc48d5 100644
--- a/packaging/pkcs11-provider.spec
+++ b/packaging/pkcs11-provider.spec
@@ -2,7 +2,7 @@
 %bcond_with gpgcheck
 
 Name:          pkcs11-provider
-Version:       0.2
+Version:       0.3
 Release:       1%{?dist}
 Summary:       A PKCS#11 provider for OpenSSL 3.0+
 License:       Apache-2.0