diff --git a/.NetworkManager.metadata b/.NetworkManager.metadata
index 77e7933..6bbd0cb 100644
--- a/.NetworkManager.metadata
+++ b/.NetworkManager.metadata
@@ -1 +1 @@
-745edc0e66bd8d2d42cf184e11c6a0fa48e03fbe SOURCES/NetworkManager-1.33.3.tar.xz
+1fef9e2ac7e45fdea64edfcc9a94ad3102ff9afc SOURCES/NetworkManager-1.33.4.tar.xz
diff --git a/.gitignore b/.gitignore
index 92c51b5..b96596d 100644
--- a/.gitignore
+++ b/.gitignore
@@ -1 +1 @@
-SOURCES/NetworkManager-1.33.3.tar.xz
+SOURCES/NetworkManager-1.33.4.tar.xz
diff --git a/SPECS/NetworkManager.spec b/SPECS/NetworkManager.spec
index 2e78a71..eb7bcb3 100644
--- a/SPECS/NetworkManager.spec
+++ b/SPECS/NetworkManager.spec
@@ -6,8 +6,8 @@
 
 %global epoch_version 1
 %global rpm_version 1.34.0
-%global real_version 1.33.3
-%global release_version 0.2
+%global real_version 1.33.4
+%global release_version 0.3
 %global snapshot %{nil}
 %global git_sha %{nil}
 
@@ -203,6 +203,7 @@ Patch9999: 9999-fix-pregen-doc.patch
 
 Requires(post): systemd
 Requires(post): /usr/sbin/update-alternatives
+Requires(post): systemd-udev
 Requires(preun): systemd
 Requires(preun): /usr/sbin/update-alternatives
 Requires(postun): systemd
@@ -1167,6 +1168,12 @@ fi
 
 
 %changelog
+* Thu Oct 21 2021 Ana Cabral <acabral@redhat.com> - 1:1.34.0-0.3
+- Upgrade to 1.33.4 release (development)
+- Deprecate "master"/"slave" on bonding and bridge API (rh #1949023)
+- core: Fix configuration reload for active devices (rh #1852445)
+- CS8: Update systemd-udev dependency (rh #2012123)
+
 * Thu Sep 23 2021 Ana Cabral <acabral@redhat.com> - 1:1.34.0-0.2
 - Upgrade to 1.33.3 release (development)
 - platform: don't listen for tc netlink messages (rh #1753677)