diff --git a/CHANGELOG.txt b/CHANGELOG.txt
index 8510e0ad04562..3401c5e65e865 100644
--- a/CHANGELOG.txt
+++ b/CHANGELOG.txt
@@ -1,3 +1,62 @@
+Airflow 2.2.3, 2021-12-14
+-------------------------
+
+Bug Fixes
+"""""""""
+
+- Log provider import errors as debug warnings (#20172)
+- Bump minimum required ``alembic`` version (#20153)
+- Fix log link in gantt view (#20121)
+- fixing #19028 by moving chown to use sudo (#20114)
+- Lift off upper bound for ``MarkupSafe`` (#20113)
+- Fix infinite recursion on redact log (#20039)
+- Fix db downgrades (#19994)
+- Context class handles deprecation (#19886)
+- Fix possible reference to undeclared variable (#19933)
+- Validate ``DagRun`` state is valid on assignment (#19898)
+- Workaround occasional deadlocks with MSSQL (#19856)
+- Enable task run setting to be able reinitialise (#19845)
+- Fix log endpoint for same task (#19672)
+- Cast macro datetime string inputs explicitly (#19592)
+- Do not crash with stacktrace when task instance is missing (#19478)
+- Fix log timezone in task log view (#19342) (#19401)
+- Fix: Add taskgroup tooltip to graph view (#19083)
+- Rename execution date in forms and tables (#19063)
+- Simplify "invalid TI state" message (#19029)
+- Handle case of nonexistent file when preparing file path queue (#18998)
+- Do not create dagruns for DAGs with import errors  (#19367)
+- Fix field relabeling when switching between conn types (#19411)
+- ``KubernetesExecutor`` should default to template image if used (#19484)
+- Fix task instance api cannot list task instances with ``None`` state (#19487)
+- Fix IntegrityError in ``DagFileProcessor.manage_slas`` (#19553)
+- Declare data interval fields as serializable (#19616)
+- Relax timetable class validation (#19878)
+- Fix labels used to find queued ``KubernetesExecutor`` pods (#19904)
+- Fix moved data migration check for MySQL when replcation is used (#19999)
+
+Doc only changes
+""""""""""""""""
+
+- Deferrable operators doc clarification (#20150)
+- Ensure the example DAGs are all working (#19355)
+- Updating core example DAGs to use TaskFlow API where applicable (#18562)
+- Add xcom clearing behaviour on task retries (#19968)
+- Add a short chapter focusing on adapting secret format for connections (#19859)
+- Add information about supported OS-es for Apache Airflow (#19855)
+- Update docs to reflect that changes to the ``base_log_folder`` require updating other configs (#19793)
+- Disclaimer in ``KubernetesExecutor`` pod template docs (#19686)
+- Add upgrade note on ``execution_date`` -> ``run_id`` (#19593)
+- Expanding ``.output`` operator property information in TaskFlow tutorial doc (#19214)
+- Add example SLA DAG (#19563)
+- Add a proper example to patch DAG (#19465)
+- Add DAG file processing description to Scheduler Concepts (#18954)
+- Updating explicit arg example in TaskFlow API tutorial doc (#18907)
+- Adds back documentation about context usage in Python/@task (#18868)
+- Add release date for when an endpoint/field is added in the REST API (#19203)
+- Better ``pod_template_file`` examples (#19691)
+- Add decription on how you can customize image entrypoint (#18915)
+- Dags-in-image pod template example should not have dag mounts (#19337)
+
 Airflow 2.2.2, 2021-11-15
 -------------------------
 
diff --git a/UPDATING.md b/UPDATING.md
index c959affad1e9e..ca342d0c917c0 100644
--- a/UPDATING.md
+++ b/UPDATING.md
@@ -27,6 +27,7 @@ assists users migrating to a new version.
 **Table of contents**
 
 - [Main](#main)
+- [Airflow 2.2.3](#airflow-223)
 - [Airflow 2.2.2](#airflow-222)
 - [Airflow 2.2.1](#airflow-221)
 - [Airflow 2.2.0](#airflow-220)
@@ -79,6 +80,10 @@ https://developers.google.com/style/inclusive-documentation
 
 -->
 
+## Airflow 2.2.3
+
+No breaking changes.
+
 ## Airflow 2.2.2
 
 No breaking changes.