diff --git a/Makefile b/Makefile
index d6699a54dbb..47dbdcc6ae3 100644
--- a/Makefile
+++ b/Makefile
@@ -3,7 +3,7 @@
 VERSION = 2023
 PATCHLEVEL = 01
 SUBLEVEL =
-EXTRAVERSION = -rc1
+EXTRAVERSION = -rc2
 NAME =
 
 # *DOCUMENTATION*
diff --git a/doc/develop/release_cycle.rst b/doc/develop/release_cycle.rst
index dd75135fc26..2bd037ff95f 100644
--- a/doc/develop/release_cycle.rst
+++ b/doc/develop/release_cycle.rst
@@ -65,7 +65,7 @@ For the next scheduled release, release candidates were made on::
 
 * U-Boot v2023.01-rc1 was released on Mon 07 November 2022.
 
-.. * U-Boot v2023.01-rc2 was released on Mon 07 November 2022.
+* U-Boot v2023.01-rc2 was released on Mon 21 November 2022.
 
 .. * U-Boot v2023.01-rc3 was released on Mon 21 November 2022.