diff --git a/CHANGELOG.md b/CHANGELOG.md
index 876c2dc6d9ee..e8c398159299 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -3,6 +3,7 @@
 BUG FIXES:
 
 * Terraform could crash if an orphaned resource instance was deleted externally and had condition checks in the configuration [GH-32246]
+* Module output changes were being removed and re-added to the stored plan, impacting performance with large numbers of outputs [GH-32307]
 
 ## 1.3.5 (November 17, 2022)