diff --git a/CHANGELOG.md b/CHANGELOG.md
index 0cdea491..483a301b 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -6,6 +6,21 @@ This projects adheres to [Semantic Versioning](http://semver.org/) and [Keep a C
 
 ## [Unreleased][unreleased]
 
+## [4.22.0] - 2024-09-09
+
+### Removed
+
+- Removed VAT number validation from core. ([#189](https://github.com/pronamic/wp-pay-core/issues/189))
+
+### Changed
+
+- Update subscription action links UI ([#180](https://github.com/pronamic/wp-pay-core/pull/180))
+- Always show 'Disable Recurring Payments' setting. ([#165](https://github.com/pronamic/wp-pay-core/issues/165))
+
+Full set of changes: [`4.21.1...4.22.0`][4.22.0]
+
+[4.22.0]: https://github.com/pronamic/wp-pay-core/compare/v4.21.1...v4.22.0
+
 ## [4.21.1] - 2024-08-01
 
 ### Fixed
diff --git a/package.json b/package.json
index fbb5c09f..17392c62 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
 	"name": "@wp-pay/core",
-	"version": "4.21.1",
+	"version": "4.22.0",
 	"description": "Core components for the WordPress payment processing library.",
 	"repository": {
 		"type": "git",
diff --git a/pronamic-pay-core.php b/pronamic-pay-core.php
index 126f46cc..76fe6bdb 100644
--- a/pronamic-pay-core.php
+++ b/pronamic-pay-core.php
@@ -4,7 +4,7 @@
  * Plugin URI: https://www.pronamic.eu/plugins/pronamic-pay-core/
  * Description: Core components for the WordPress payment processing library.
  *
- * Version: 4.21.1
+ * Version: 4.22.0
  * Requires at least: 5.9
  * Requires PHP: 8.0
  *