diff --git a/changelog.txt b/changelog.txt
index 883560397e..13bd6ed070 100644
--- a/changelog.txt
+++ b/changelog.txt
@@ -1,3 +1,40 @@
+12.0-RC1 (2021-09-25)
+------------------------------------------------------------------------
+Feature: Display icon/text whether vehicle is lost in vehicle (list) window (#9543)
+Feature: [MacOS] Add selected toolbar buttons to MacBook Pro Touch Bar (#9511)
+Feature: Button to open order window from vehicle shared orders window (#9325)
+Feature: Ctrl-Clicking shared order vehicle list opens order window (#9325)
+Feature: Multiple rotating views on title screen (#8980)
+Feature: Hide block signals in GUI by default (#8688)
+Add: [Script] Allow GameScripts to build neutral objects (#9568)
+Add: [Network] Allow sending chat messages via admin port (#9563)
+Add: [AI/GS] Missing water related functions and objects (#8390)
+Fix: Industry funding window did not update when changing funding method (#9572)
+Fix #9562: [NewGRF] Handle case of invalid Action2 with zero results (#9564)
+Fix: Incorrect error messages when placing water in scenario editor (#9560)
+Fix #9484: Update locale currencies settings config map (#9559)
+Fix: Prevent train reversing when entirely inside a train depot (#9557)
+Fix: [Network] Add back 'Spectate' option to company toolbar menu (#9556)
+Fix #9463: [Win32] Work around XAudio2 crashes (#9549)
+Fix #8603: Don't give focus to text filter when opening Object GUI (#9547)
+Fix #9241: Grove and forest tree brushes did not also create rainforest terrain (#9542)
+Fix: [Network] Several crashes in our network code (#9534, #9456)
+Fix #9527: Crash when trying to place multi-tile objects at map edge (#9529)
+Fix: [Network] SendCmdNames only sent one name per packet (#9528)
+Fix #9407: Desync when founding a town nearby a station (#9526)
+Fix #9521: Don't load at just removed docks that were part of a multi-dock station (#9524)
+Fix: Ships always tried to avoid docking tiles when pathfinding (even if nothing was on them) (#9522)
+Fix: [Network] Convert server_advertise to server_game_type in config file (#9515)
+Fix #9490: [Network] A full server couldn't be queried (#9508)
+Fix: [Network] Don't show GameScript " (v0)" for old servers (#9507)
+Fix: [Network] Show query errors in the server listing instead of error popup (#9506)
+Fix: [Network] Crash when last-joined server was no longer available (#9503)
+Fix #9501: [Network] Crash when more than one game-info query was pending (#9502)
+Fix: Wrong error message when building canals over ship depots / locks (#9410)
+Fix: Reduce cost of building canals over objects on sea (#9410)
+Change: [Linkgraph] Delete links only served by vehicles stopped in depot (#9499)
+
+
 12.0-beta2 (2021-08-19)
 ------------------------------------------------------------------------
 Feature: [Linkgraph] Prioritize faster routes for passengers, mail and express cargo (#9457)