diff --git a/CHANGELOG.md b/CHANGELOG.md
index f0b74e3e83..ca8f961c43 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,10 @@
+## 2.35.0-rc1 / 2022-04-14
+
+* [ENHANCEMENT] Update package `uber.go/auomaxprocs` to support `cgroups2` #10584
+* [BUGFIX] Tracing/GRPC: Set TLS credentials only when insecure is false. #10592
+* [BUGFIX] Agent: Fix ID collision when loading a WAL with multiple segments. #10587
+* [BUGFIX] Revoke storing target and metadata cache in context. This can fix a memory link introduced in `2.35.0-rc0` #10590
+
 ## 2.35.0-rc0 / 2022-04-08
 
 * [CHANGE] TSDB: Delete `*.tmp` WAL files when Prometheus starts. #10317
diff --git a/VERSION b/VERSION
index 044037b8c0..925692b07c 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-2.35.0-rc0
+2.35.0-rc1