diff --git a/CHANGELOG.md b/CHANGELOG.md
index 420a308..d3ada88 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,6 +2,13 @@
 
 ## [Unreleased]
 
+## [v0.2.1] - 2026-06-24
+
+- refactor: pass paths directly instead of through env vars
+- chore: bump embedder actions to v0.2 in update-fragments-shared
+- chore: use install-embedder action in prepare-release
+- chore: bump install-embedder to v0.2
+
 ## [v0.2.0] - 2026-06-23
 
 - fix: update dependabot.yml marker to ./ local ref format
diff --git a/pyproject.toml b/pyproject.toml
index 2952bee..c37957f 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -4,7 +4,7 @@ build-backend = "hatchling.build"
 
 [project]
 name = "embedder"
-version = "0.2.0"
+version = "0.2.1"
 description = "Dependency-style updater for embedded text fragments."
 readme = "README.md"
 requires-python = ">=3.11"