diff --git a/Makefile b/Makefile
index 9cf9d5c1ed8f..9e12c14ea0fb 100644
--- a/Makefile
+++ b/Makefile
@@ -1,8 +1,8 @@
 # SPDX-License-Identifier: GPL-2.0
 VERSION = 5
-PATCHLEVEL = 15
+PATCHLEVEL = 16
 SUBLEVEL = 0
-EXTRAVERSION =
+EXTRAVERSION = -rc1
 NAME = Trick or Treat
 
 # *DOCUMENTATION*