diff --git a/CHANGELOG.md b/CHANGELOG.md
index 27cbb179..26f0136b 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,6 +2,21 @@
 
 All notable changes to this project are documented in this file.
 
+## 0.9.3
+
+**Release date:** 2021-03-17
+
+This prerelease comes with updates to the runtime packages.
+
+The controller exposes a gauge metric to track the suspended status
+of `Kustomization` objects: `gotk_suspend_status{kind,name,namespace}`.
+
+Improvements:
+* Expose suspended status as Prometheus metric
+  [#299](https://github.com/fluxcd/kustomize-controller/pull/299)
+* Update dependencies
+  [#298](https://github.com/fluxcd/kustomize-controller/pull/298)
+
 ## 0.9.2
 
 **Release date:** 2021-03-05
diff --git a/config/manager/kustomization.yaml b/config/manager/kustomization.yaml
index 37d810df..494554e0 100644
--- a/config/manager/kustomization.yaml
+++ b/config/manager/kustomization.yaml
@@ -5,4 +5,4 @@ resources:
 images:
   - name: fluxcd/kustomize-controller
     newName: fluxcd/kustomize-controller
-    newTag: v0.9.2
+    newTag: v0.9.3
diff --git a/go.mod b/go.mod
index 691e1636..31f5da7d 100644
--- a/go.mod
+++ b/go.mod
@@ -7,7 +7,7 @@ replace github.com/fluxcd/kustomize-controller/api => ./api
 require (
 	github.com/cyphar/filepath-securejoin v0.2.2
 	github.com/drone/envsubst v1.0.3-0.20200804185402-58bc65f69603
-	github.com/fluxcd/kustomize-controller/api v0.9.2
+	github.com/fluxcd/kustomize-controller/api v0.9.3
 	github.com/fluxcd/pkg/apis/kustomize v0.0.1
 	github.com/fluxcd/pkg/apis/meta v0.8.0
 	github.com/fluxcd/pkg/runtime v0.8.5