diff --git a/.chloggen/update_metadata_schema.yaml b/.chloggen/update_metadata_schema.yaml
new file mode 100644
index 00000000000..7b2e2ac5ca3
--- /dev/null
+++ b/.chloggen/update_metadata_schema.yaml
@@ -0,0 +1,25 @@
+# Use this changelog template to create an entry for release notes.
+
+# One of 'breaking', 'deprecation', 'new_component', 'enhancement', 'bug_fix'
+change_type: enhancement
+
+# The name of the component, or a single word describing the area of concern, (e.g. otlpreceiver)
+component: mdatagen
+
+# A brief description of the change.  Surround your text with quotes ("") if it needs to start with a backtick (`).
+note: Update metadata schema with new fields without enforcing them
+
+# One or more tracking issues or pull requests related to the change
+issues: [12359]
+
+# (Optional) One or more lines of additional information to render under the primary note.
+# These lines will be padded with 2 spaces and then inserted directly into the document.
+# Use pipe (|) for multiline entries.
+subtext:
+
+# Optional: The change log or logs in which this entry should be included.
+# e.g. '[user]' or '[user, api]'
+# Include 'user' if the change is relevant to end users.
+# Include 'api' if there is a change to a library API.
+# Default: '[user]'
+change_logs: []
diff --git a/cmd/mdatagen/internal/status.go b/cmd/mdatagen/internal/status.go
index c8a06c06a08..6f1f849d171 100644
--- a/cmd/mdatagen/internal/status.go
+++ b/cmd/mdatagen/internal/status.go
@@ -41,12 +41,20 @@ type Codeowners struct {
 }
 
 type Status struct {
-	Stability            StabilityMap `mapstructure:"stability"`
-	Distributions        []string     `mapstructure:"distributions"`
-	Class                string       `mapstructure:"class"`
-	Warnings             []string     `mapstructure:"warnings"`
-	Codeowners           *Codeowners  `mapstructure:"codeowners"`
-	UnsupportedPlatforms []string     `mapstructure:"unsupported_platforms"`
+	Stability            StabilityMap   `mapstructure:"stability"`
+	Distributions        []string       `mapstructure:"distributions"`
+	Class                string         `mapstructure:"class"`
+	Warnings             []string       `mapstructure:"warnings"`
+	Codeowners           *Codeowners    `mapstructure:"codeowners"`
+	UnsupportedPlatforms []string       `mapstructure:"unsupported_platforms"`
+	Deprecation          DeprecationMap `mapstructure:"deprecation"`
+}
+
+type DeprecationMap map[string]DeprecationInfo
+
+type DeprecationInfo struct {
+	Date      string `mapstructure:"date"`
+	Migration string `mapstructure:"migration"`
 }
 
 var validClasses = []string{
diff --git a/cmd/mdatagen/metadata-schema.yaml b/cmd/mdatagen/metadata-schema.yaml
index d0ab413207f..aff35e5f9b4 100644
--- a/cmd/mdatagen/metadata-schema.yaml
+++ b/cmd/mdatagen/metadata-schema.yaml
@@ -22,6 +22,11 @@ status:
     stable: [<metrics|traces|logs|traces_to_metrics|metrics_to_metrics|logs_to_metrics|extension,converter,provider>]
     deprecated: [<metrics|traces|logs|traces_to_metrics|metrics_to_metrics|logs_to_metrics|extension,converter,provider>]
     unmaintained: [<metrics|traces|logs|traces_to_metrics|metrics_to_metrics|logs_to_metrics|extension,converter,provider>]
+  # [WIP] Will be a requirement for deprecated components: The deprecation information for the deprecated components
+  deprecation:
+    <component>:
+      date: string
+      migration: string
   # Optional: The distributions that this component is bundled with (For example core or contrib). See statusdata.go for a list of common distros.
   distributions: [string]
   # Optional: A list of warnings that should be brought to the attention of users looking to use this component