diff --git a/CHANGELOG.md b/CHANGELOG.md
index fdd589e0..e320bffb 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -5,6 +5,13 @@ HEAD
 ----
 
 
+5.4.0
+-----
+- Add `O365InteractiveConfiguration` helper class to set up MSAL auth for O365.
+- Add `exchangelib[msal]` installation flavor to match the above.
+- Various bug fixes related to distinguished folders.
+
+
 5.3.0
 -----
 - Fix various issues related to public folders and archive folders
diff --git a/exchangelib/__init__.py b/exchangelib/__init__.py
index 8fd2e4c6..561a24be 100644
--- a/exchangelib/__init__.py
+++ b/exchangelib/__init__.py
@@ -36,7 +36,7 @@
 from .transport import BASIC, CBA, DIGEST, GSSAPI, NTLM, OAUTH2, SSPI
 from .version import Build, Version
 
-__version__ = "5.3.0"
+__version__ = "5.4.0"
 
 __all__ = [
     "AcceptItem",