diff --git a/GNUmakefile b/GNUmakefile
index b11e6c8e0..a4a4c068a 100644
--- a/GNUmakefile
+++ b/GNUmakefile
@@ -223,7 +223,7 @@ proto: ## Generate protobuf bindings
 	@buf --config tools/buf/buf.yaml --template tools/buf/buf.gen.yaml generate
 
 changelog: ## Generate changelog from entries
-	@changelog-build -last-release $(LAST_RELEASE) -this-release HEAD \
+	@changelog-build -last-release v$(LAST_RELEASE) -this-release HEAD \
 		-entries-dir .changelog/ -changelog-template ./.changelog/changelog.tmpl -note-template ./.changelog/note.tmpl
 
 ## We skip the terraform directory as there are templated hcl configurations