diff --git a/.github/workflows/release.yml b/.github/workflows/release.yml
index 05bd8282..b4fcf018 100644
--- a/.github/workflows/release.yml
+++ b/.github/workflows/release.yml
@@ -75,6 +75,9 @@ jobs:
         run: node scripts/update-changelog.mjs
         if: ${{ github.event.inputs.releaseChannel == 'stable' }}
 
+      - name: Update version number in the base class
+        run: node scripts/update-version-number.mjs
+
       - name: Tagging
         run: |
           git add .
diff --git a/scripts/update-version-number.mjs b/scripts/update-version-number.mjs
new file mode 100644
index 00000000..9aa85639
--- /dev/null
+++ b/scripts/update-version-number.mjs
@@ -0,0 +1,33 @@
+import fs from 'fs';
+import util from 'util';
+import path, {dirname} from 'path';
+import {fileURLToPath} from 'url';
+
+const __filename = fileURLToPath(import.meta.url);
+const __dirname = dirname(__filename);
+
+const readFile = util.promisify(fs.readFile);
+const writeFile = util.promisify(fs.writeFile);
+
+const BASE_CLASS_PATH = path.join(
+  __dirname,
+  '..',
+  'src',
+  'includes',
+  'VscElement.ts'
+);
+
+async function main() {
+  const pkgPath = path.join(__dirname, '..', 'package.json');
+  const pkg = JSON.parse(fs.readFileSync(pkgPath).toString());
+  const {version} = pkg;
+
+  const fc = await readFile(BASE_CLASS_PATH, 'utf-8');
+  const newContent = fc.replace(/readonly version = '[a-z0-9-]+';/g, `readonly version = '${version}';`);
+
+  await writeFile(BASE_CLASS_PATH, newContent);
+
+  console.log('VscElement.ts updated successfully');
+}
+
+main();
diff --git a/src/includes/VscElement.ts b/src/includes/VscElement.ts
index fc0504c3..f76700ca 100644
--- a/src/includes/VscElement.ts
+++ b/src/includes/VscElement.ts
@@ -1,3 +1,6 @@
 import {LitElement} from 'lit';
 
-export class VscElement extends LitElement {}
+export class VscElement extends LitElement {
+  /** VSC Element version */
+  public readonly version = '1.0.0-pre.5';
+}