diff --git a/schemas/applications/CHANGELOG.md b/schemas/applications/CHANGELOG.md
index 95a02ef..ae03dcc 100644
--- a/schemas/applications/CHANGELOG.md
+++ b/schemas/applications/CHANGELOG.md
@@ -2,6 +2,7 @@
 
 Release Versions:
 
+- [2-0-3](#2-0-3)
 - [2-0-2](#2-0-2)
 - [2-0-1](#2-0-1)
 - [2-0-0](#2-0-0)
@@ -15,7 +16,11 @@ Release Versions:
 - [1-1-0](#1-1-0)
 - [1-0-0](#1-0-0)
 
-## Upcoming changes
+## 2-0-3
+
+This patch adds new optional properties to components, hardware and the top-level application.
+
+### Changelog
 
 - feat: add intra process comms field to component schema (#192)
 - feat: add joint positions to application schema (#215)
diff --git a/schemas/applications/schema/application.schema.json b/schemas/applications/schema/application.schema.json
index 5cb60e5..d0e82de 100644
--- a/schemas/applications/schema/application.schema.json
+++ b/schemas/applications/schema/application.schema.json
@@ -1,5 +1,5 @@
 {
-  "$id": "/2-0-2/application.schema.json",
+  "$id": "/2-0-3/application.schema.json",
   "$schema": "https://json-schema.org/draft/2020-12/schema",
   "title": "YAML Application Description",
   "description": "An AICA application graph description using YAML syntax.",