diff --git a/NEWS b/NEWS
index 2b6337188..24205e969 100644
--- a/NEWS
+++ b/NEWS
@@ -1,3 +1,18 @@
+3.34.5
+======
+* Leave overview when locking the screen [Jonas D.; !1043]
+* Avoid IO on the main thread [Christian; !1050]
+* Fix OSK layout fallback for unsupported variants [Florian; #2471]
+* Fix high-contrast/symbolic icon mix-up [Florian; #2414]
+* Misc. bug fixes and cleanups [Jonas Å., Florian; !1032, #2386]
+
+Contributors:
+  Jonas Dreßler, Christian Hergert, Florian Müllner, Jwtiyar Nariman,
+  Jonas Ådahl
+
+Translators:
+  Jwtiyar Nariman [ckb]
+
 3.34.4
 ======
 * Switch screen-recorder back to VP8 [Björn; #256]
diff --git a/meson.build b/meson.build
index c9f1e2c4c..8663b1d80 100644
--- a/meson.build
+++ b/meson.build
@@ -1,5 +1,5 @@
 project('gnome-shell', 'c',
-  version: '3.34.4',
+  version: '3.34.5',
   meson_version: '>= 0.47.0',
   license: 'GPLv2+'
 )