diff --git a/production/helm/loki/CHANGELOG.md b/production/helm/loki/CHANGELOG.md
index af81afff2a047..f70a5f1183003 100644
--- a/production/helm/loki/CHANGELOG.md
+++ b/production/helm/loki/CHANGELOG.md
@@ -13,6 +13,10 @@ Entries should include a reference to the pull request that introduced the chang
 
 [//]: # (<AUTOMATED_UPDATES_LOCATOR> : do not remove this line. This locator is used by the CI pipeline to automatically create a changelog entry for each new Loki release. Add other chart versions and respective changelog entries bellow this line.)
 
+## 5.42.1
+
+- [BUGFIX] Added missing annotations to loki-read StatefulSet.
+
 ## 5.42.0
 
 - [CHANGE] Changed versions of Loki v2.9.4 and GEL v1.8.6
diff --git a/production/helm/loki/Chart.yaml b/production/helm/loki/Chart.yaml
index 0f708caf4eac8..3217cb5988b95 100644
--- a/production/helm/loki/Chart.yaml
+++ b/production/helm/loki/Chart.yaml
@@ -3,7 +3,7 @@ name: loki
 description: Helm chart for Grafana Loki in simple, scalable mode
 type: application
 appVersion: 2.9.4
-version: 5.42.0
+version: 5.42.1
 home: https://grafana.github.io/helm-charts
 sources:
   - https://github.com/grafana/loki
diff --git a/production/helm/loki/README.md b/production/helm/loki/README.md
index 8f3ab16f53672..ec53471e5cdcc 100644
--- a/production/helm/loki/README.md
+++ b/production/helm/loki/README.md
@@ -1,6 +1,6 @@
 # loki
 
-![Version: 5.42.0](https://img.shields.io/badge/Version-5.42.0-informational?style=flat-square) ![Type: application](https://img.shields.io/badge/Type-application-informational?style=flat-square) ![AppVersion: 2.9.4](https://img.shields.io/badge/AppVersion-2.9.4-informational?style=flat-square)
+![Version: 5.42.1](https://img.shields.io/badge/Version-5.42.1-informational?style=flat-square) ![Type: application](https://img.shields.io/badge/Type-application-informational?style=flat-square) ![AppVersion: 2.9.4](https://img.shields.io/badge/AppVersion-2.9.4-informational?style=flat-square)
 
 Helm chart for Grafana Loki in simple, scalable mode
 
diff --git a/production/helm/loki/templates/read/statefulset-read.yaml b/production/helm/loki/templates/read/statefulset-read.yaml
index 3b0d91d926a3c..2f16179a56c43 100644
--- a/production/helm/loki/templates/read/statefulset-read.yaml
+++ b/production/helm/loki/templates/read/statefulset-read.yaml
@@ -9,6 +9,15 @@ metadata:
   labels:
     app.kubernetes.io/part-of: memberlist
     {{- include "loki.readLabels" . | nindent 4 }}
+  {{- if or (not (empty .Values.loki.annotations)) (not (empty .Values.read.annotations))}}
+  annotations:
+    {{- with .Values.loki.annotations }}
+    {{- toYaml . | nindent 4 }}
+    {{- end }}
+    {{- with .Values.read.annotations }}
+    {{- toYaml . | nindent 4 }}
+    {{- end }}
+  {{- end }}
 spec:
 {{- if not .Values.read.autoscaling.enabled }}
   replicas: {{ .Values.read.replicas }}