diff --git a/mailpoet/CHANGELOG.md b/mailpoet/CHANGELOG.md
index 047ada0481..43b3a61a97 100644
--- a/mailpoet/CHANGELOG.md
+++ b/mailpoet/CHANGELOG.md
@@ -1,5 +1,11 @@
 == Changelog ==
 
+= 5.4.0 - 2024-11-18 =
+
+- Improved: tested with WooCommerce 9.4;
+- Improved: tested with WordPress 6.7;
+- Improved: tested with PHP 8.2.
+
 = 5.3.7 - 2024-11-12 =
 
 - Fixed: detecting table index existence in DB migrations for MySQL 5;
diff --git a/mailpoet/mailpoet.php b/mailpoet/mailpoet.php
index d65d2997c9..fa9c367aa3 100644
--- a/mailpoet/mailpoet.php
+++ b/mailpoet/mailpoet.php
@@ -2,7 +2,7 @@
 
 /*
  * Plugin Name: MailPoet
- * Version: 5.3.7
+ * Version: 5.4.0
  * Plugin URI: https://www.mailpoet.com
  * Description: Create and send newsletters, post notifications and welcome emails from your WordPress.
  * Author: MailPoet
@@ -20,7 +20,7 @@
  */
 
 $mailpoetPlugin = [
-  'version' => '5.3.7',
+  'version' => '5.4.0',
   'filename' => __FILE__,
   'path' => dirname(__FILE__),
   'autoloader' => dirname(__FILE__) . '/vendor/autoload.php',
diff --git a/mailpoet/readme.txt b/mailpoet/readme.txt
index db679aa8c3..2d15e689df 100644
--- a/mailpoet/readme.txt
+++ b/mailpoet/readme.txt
@@ -3,7 +3,7 @@ Contributors: mailpoet, woocommerce, automattic
 Tags: email marketing, post notification, woocommerce emails, email automation, newsletter
 Requires at least: 6.5
 Tested up to: 6.6
-Stable tag: 5.3.7
+Stable tag: 5.4.0
 Requires PHP: 7.4
 License: GPLv3
 License URI: https://www.gnu.org/licenses/gpl-3.0.html
@@ -230,8 +230,9 @@ Check our [Knowledge Base](https://kb.mailpoet.com) or contact us through our [s
 
 == Changelog ==
 
-= 5.3.7 - 2024-11-12 =
-* Fixed: detecting table index existence in DB migrations for MySQL 5;
-* Fixed: re-activation of welcome emails with long history may take long time or fail.
+= 5.4.0 - 2024-11-18 =
+* Improved: tested with WooCommerce 9.4;
+* Improved: tested with WordPress 6.7;
+* Improved: tested with PHP 8.2.
 
 [See the changelog for all versions.](https://github.com/mailpoet/mailpoet/blob/trunk/mailpoet/CHANGELOG.md)