diff --git a/load.php b/load.php
index 4da3996da6..2eb7bf4274 100644
--- a/load.php
+++ b/load.php
@@ -5,7 +5,7 @@
  * Description: Performance plugin from the WordPress Performance Group, which is a collection of standalone performance modules.
  * Requires at least: 5.8
  * Requires PHP: 5.6
- * Version: 1.0.0-beta.2
+ * Version: 1.0.0-beta.3
  * Author: WordPress Performance Group
  * Author URI: https://make.wordpress.org/core/tag/performance/
  * License: GPLv2 or later
@@ -15,7 +15,7 @@
  * @package performance-lab
  */
 
-define( 'PERFLAB_VERSION', '1.0.0-beta.2' );
+define( 'PERFLAB_VERSION', '1.0.0-beta.3' );
 define( 'PERFLAB_MAIN_FILE', __FILE__ );
 define( 'PERFLAB_MODULES_SETTING', 'perflab_modules_settings' );
 define( 'PERFLAB_MODULES_SCREEN', 'perflab-modules' );
@@ -41,7 +41,7 @@ function perflab_register_modules_setting() {
 /**
  * Gets the default value for the performance modules setting.
  *
- * @since n.e.x.t
+ * @since 1.0.0
  */
 function perflab_get_modules_setting_default() {
 	// Since the default relies on some minimal logic that includes requiring an additional file,
diff --git a/package-lock.json b/package-lock.json
index 7cd59a8a9b..25832982b7 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -1,6 +1,6 @@
 {
 	"name": "performance",
-	"version": "1.0.0-beta.2",
+	"version": "1.0.0-beta.3",
 	"lockfileVersion": 1,
 	"requires": true,
 	"dependencies": {
diff --git a/package.json b/package.json
index 620413dda3..45d2c4a933 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "performance",
-  "version": "1.0.0-beta.2",
+  "version": "1.0.0-beta.3",
   "private": true,
   "description": "Performance plugin from the WordPress Performance Group, which is a collection of standalone performance modules.",
   "author": "The WordPress Contributors",
diff --git a/readme.txt b/readme.txt
index 71463b5a55..a0ba33aa01 100644
--- a/readme.txt
+++ b/readme.txt
@@ -4,7 +4,7 @@ Contributors:      wordpressdotorg
 Requires at least: 5.8
 Tested up to:      5.9
 Requires PHP:      5.6
-Stable tag:        1.0.0-beta.2
+Stable tag:        1.0.0-beta.3
 License:           GPLv2 or later
 License URI:       https://www.gnu.org/licenses/gpl-2.0.html
 Tags:              performance, images, javascript, site health, measurement, object caching
@@ -66,6 +66,12 @@ Contributions welcome! There are several ways to contribute:
 
 == Changelog ==
 
+= 1.0.0-beta.3 =
+
+**Bug Fixes**
+
+* Infrastructure: Ensure default modules are loaded regardless of setting registration. ([248](https://github.com/WordPress/performance/pull/248))
+
 = 1.0.0-beta.2 =
 
 **Features**