diff --git a/Makefile b/Makefile
index 3e71fa2ee9ed..8c55b6404e19 100644
--- a/Makefile
+++ b/Makefile
@@ -1,8 +1,8 @@
 # SPDX-License-Identifier: GPL-2.0
-VERSION = 4
-PATCHLEVEL = 20
+VERSION = 5
+PATCHLEVEL = 0
 SUBLEVEL = 0
-EXTRAVERSION =
+EXTRAVERSION = -rc1
 NAME = Shy Crocodile
 
 # *DOCUMENTATION*