diff --git a/CHANGELOG.md b/CHANGELOG.md
index f13b84a3aa..9118bcc30b 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,6 +2,12 @@
 
 All notable changes to this project will be documented in this file.
 
+## [1.2.16] - 2024-07-25
+
+### 🔨 Maintenance
+
+- Update demo project and latest tested CLI version (3.52.0) [#5642](https://github.com/iterative/vscode-dvc/pull/5642) by [@mattseddon](https://github.com/mattseddon)
+
 ## [1.2.15] - 2024-07-16
 
 ### 🐛 Bug Fixes
diff --git a/extension/package.json b/extension/package.json
index 1c1059d12c..4c0ce26db0 100644
--- a/extension/package.json
+++ b/extension/package.json
@@ -9,7 +9,7 @@
   "extensionDependencies": [
     "vscode.git"
   ],
-  "version": "1.2.15",
+  "version": "1.2.16",
   "license": "Apache-2.0",
   "readme": "./README.md",
   "repository": {