diff --git a/CHANGELOG.md b/CHANGELOG.md
index e8e64e20f1..141ed5bdf5 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,6 +1,6 @@
 # Changelog
 
-## 0.17.0-0.3.4 (upcoming)
+## 0.17.0-0.3.4 (2023-11-16)
 
 * [Core] Conditionally increase replicas for capi controller manager services
 * [Core] Add PDB and PriorityClass to capx components
diff --git a/VERSION b/VERSION
index 8f4f5edb9f..d157bc3d75 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-0.3.4-SNAPSHOT
+0.3.4-BUILD