diff --git a/VERSION b/VERSION
index 23da01e333120..e117651eed540 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-2.12.3-2024.10.24-f6464d0db
\ No newline at end of file
+2.12.3-2024.10.24-4245c5379
\ No newline at end of file
diff --git a/changelog/CHANGELOG-2.12.3-2024.10.24-4245c5379.md b/changelog/CHANGELOG-2.12.3-2024.10.24-4245c5379.md
new file mode 100644
index 0000000000000..c3e50097c2c79
--- /dev/null
+++ b/changelog/CHANGELOG-2.12.3-2024.10.24-4245c5379.md
@@ -0,0 +1,2 @@
+### Features
+-  chore: new release lifecycle
\ No newline at end of file