diff --git a/CHANGELOG.md b/CHANGELOG.md
index 82394453b65ba7e81f454964179e3462b823d9fe..5a5fb837681ec2848c137cdbb1de90873e40daa7 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,5 @@
 <!--
-    SPDX-FileCopyrightText: Copyright 2024 Arm Limited and/or its affiliates <open-source-office@arm.com>
+    SPDX-FileCopyrightText: Copyright 2024-2025 Arm Limited and/or its affiliates <open-source-office@arm.com>
 
     SPDX-License-Identifier: Apache-2.0
 -->
@@ -10,6 +10,8 @@ KleidiAI follows the [Semantic Versioning](https://semver.org/) specification fo
 
 ## Upcoming Release
 
+## v1.2.0
+
 - New SME micro-kernels:
   - Matrix multiplication (MxN) for BF16 inputs with F32 output.
 - Add MSVC support for test framework
diff --git a/CMakeLists.txt b/CMakeLists.txt
index 73293cd03d6768a8bcc8dcf0e8becbb97b20008e..5154e426978350817418b1cb6a7481700204ed2b 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -6,7 +6,7 @@
 cmake_minimum_required(VERSION 3.16)
 
 project(KleidiAI
-    VERSION 1.1.0
+    VERSION 1.2.0
     LANGUAGES C CXX
 )
 
diff --git a/kai/kai_common.h b/kai/kai_common.h
index 917d008aa339afe7eb8769e0dfd0d92d5f63852b..79b08978378409a2c7e1e2846cf675be402339b8 100644
--- a/kai/kai_common.h
+++ b/kai/kai_common.h
@@ -1,5 +1,5 @@
 //
-// SPDX-FileCopyrightText: Copyright 2024 Arm Limited and/or its affiliates <open-source-office@arm.com>
+// SPDX-FileCopyrightText: Copyright 2024-2025 Arm Limited and/or its affiliates <open-source-office@arm.com>
 //
 // SPDX-License-Identifier: Apache-2.0
 //
@@ -58,7 +58,7 @@ extern "C" {
 ///
 /// @return Project version as a string literal.
 inline const char* kai_get_version(void) {
-    return "1.1.0";
+    return "1.2.0";
 }
 
 /// KleidiAI data types