diff --git a/CHANGELOG b/CHANGELOG
index ac37948..3e0ce30 100644
--- a/CHANGELOG
+++ b/CHANGELOG
@@ -1,4 +1,4 @@
-Version 0.7.4 (2023-12-01)
+Version 0.7.4-rc2 (2023-12-01)
 --------------------------
 Bump alpine version to 3.18.5 (#91)
 Scan Docker images in Snyk Github action (#90)
diff --git a/README.md b/README.md
index 57aff3f..f14bde3 100644
--- a/README.md
+++ b/README.md
@@ -21,7 +21,7 @@ WITHOUT WARRANTIES OR CONDITIONS OF ANY KIND, either express or implied.
 See the License for the specific language governing permissions and
 limitations under the License.
 
-[release-image]: https://img.shields.io/badge/release-0.7.4-6ad7e5.svg?style=flat
+[release-image]: https://img.shields.io/badge/release-0.7.4-rc2-6ad7e5.svg?style=flat
 [releases]: https://github.com/snowplow/dataflow-runner/releases
 
 [license-image]: https://img.shields.io/badge/license-Apache--2-blue.svg?style=flat
diff --git a/VERSION b/VERSION
index 0a1ffad..3d492e0 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-0.7.4
+0.7.4-rc2
diff --git a/src/main.go b/src/main.go
index 81c299e..2f1d0a6 100644
--- a/src/main.go
+++ b/src/main.go
@@ -38,7 +38,7 @@ const (
 	appName          = "dataflow-runner"
 	appUsage         = "Run templatable playbooks of Hadoop/Spark/et al jobs on Amazon EMR"
 	appCopyright     = "(c) 2016-2022 Snowplow Analytics Ltd"
-	cliVersion       = "0.7.4"
+	cliVersion       = "0.7.4-rc2"
 	varDelim         = ","
 	fEmrConfig       = "emr-config"
 	fEmrPlaybook     = "emr-playbook"