diff --git a/.chloggen/refactor-strategies.yaml b/.chloggen/refactor-strategies.yaml
deleted file mode 100755
index 5388aafdad..0000000000
--- a/.chloggen/refactor-strategies.yaml
+++ /dev/null
@@ -1,16 +0,0 @@
-# One of 'breaking', 'deprecation', 'new_component', 'enhancement', 'bug_fix'
-change_type: enhancement
-
-# The name of the component, or a single word describing the area of concern, (e.g. collector, target allocator, auto-instrumentation, opamp, github action)
-component: target allocator
-
-# A brief description of the change. Surround your text with quotes ("") if it needs to start with a backtick (`).
-note: Refactor allocation strategies
-
-# One or more tracking issues related to the change
-issues: [2928]
-
-# (Optional) One or more lines of additional information to render under the primary note.
-# These lines will be padded with 2 spaces and then inserted directly into the document.
-# Use pipe (|) for multiline entries.
-subtext: The performance of the per-node strategy was massively improved as part of this change.
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 66a9ffc1b0..d5f0846b5f 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,6 +2,29 @@
 
 <!-- next version -->
 
+## 0.100.1
+
+### 💡 Enhancements 💡
+
+- `target allocator`: Refactor allocation strategies (#2928)
+  The performance of the per-node strategy was massively improved as part of this change.
+
+### 🧰 Bug fixes 🧰
+
+- `operator`: Fixes an issue where the user can no longer set the webhook port (#2923)
+
+### Components
+
+* [OpenTelemetry Collector - v0.100.0](https://github.com/open-telemetry/opentelemetry-collector/releases/tag/v0.100.0)
+* [OpenTelemetry Contrib - v0.100.0](https://github.com/open-telemetry/opentelemetry-collector-contrib/releases/tag/v0.100.0)
+* [Java auto-instrumentation - v1.32.1](https://github.com/open-telemetry/opentelemetry-java-instrumentation/releases/tag/v1.32.1)
+* [.NET auto-instrumentation - v1.2.0](https://github.com/open-telemetry/opentelemetry-dotnet-instrumentation/releases/tag/{AUTO_INSTRUMENTATION_DOTNET_VERSION})
+* [Node.JS - v0.51.0](https://github.com/open-telemetry/opentelemetry-js/releases/tag/experimental%2Fv0.51.0)
+* [Python - v0.44b0](https://github.com/open-telemetry/opentelemetry-python-contrib/releases/tag/v0.44b0)
+* [Go - v0.12.0-alpha](https://github.com/open-telemetry/opentelemetry-go-instrumentation/releases/tag/v0.12.0-alpha)
+* [ApacheHTTPD - 1.0.4](https://github.com/open-telemetry/opentelemetry-cpp-contrib/releases/tag/webserver%2Fv1.0.4)
+* [Nginx - 1.0.4](https://github.com/open-telemetry/opentelemetry-cpp-contrib/releases/tag/webserver%2Fv1.0.4)
+
 ## 0.100.0
 
 ### 💡 Enhancements 💡
diff --git a/bundle/manifests/opentelemetry-operator.clusterserviceversion.yaml b/bundle/manifests/opentelemetry-operator.clusterserviceversion.yaml
index fcfd593ee7..f46b6a5f9b 100644
--- a/bundle/manifests/opentelemetry-operator.clusterserviceversion.yaml
+++ b/bundle/manifests/opentelemetry-operator.clusterserviceversion.yaml
@@ -99,13 +99,13 @@ metadata:
     categories: Logging & Tracing,Monitoring
     certified: "false"
     containerImage: ghcr.io/open-telemetry/opentelemetry-operator/opentelemetry-operator
-    createdAt: "2024-05-15T17:31:49Z"
+    createdAt: "2024-05-20T19:57:07Z"
     description: Provides the OpenTelemetry components, including the Collector
     operators.operatorframework.io/builder: operator-sdk-v1.29.0
     operators.operatorframework.io/project_layout: go.kubebuilder.io/v3
     repository: github.com/open-telemetry/opentelemetry-operator
     support: OpenTelemetry Community
-  name: opentelemetry-operator.v0.100.0
+  name: opentelemetry-operator.v0.100.1
   namespace: placeholder
 spec:
   apiservicedefinitions: {}
@@ -504,7 +504,7 @@ spec:
                   valueFrom:
                     fieldRef:
                       fieldPath: spec.serviceAccountName
-                image: ghcr.io/open-telemetry/opentelemetry-operator/opentelemetry-operator:0.100.0
+                image: ghcr.io/open-telemetry/opentelemetry-operator/opentelemetry-operator:0.100.1
                 livenessProbe:
                   httpGet:
                     path: /healthz
@@ -612,7 +612,7 @@ spec:
   minKubeVersion: 1.23.0
   provider:
     name: OpenTelemetry Community
-  version: 0.100.0
+  version: 0.100.1
   webhookdefinitions:
   - admissionReviewVersions:
     - v1alpha1
diff --git a/main.go b/main.go
index 07add5acc6..4ee518ce35 100644
--- a/main.go
+++ b/main.go
@@ -172,6 +172,7 @@ func main() {
 	pflag.StringVar(&encodeLevelKey, "zap-level-key", "level", "The level key to be used in the customized Log Encoder")
 	pflag.StringVar(&encodeTimeKey, "zap-time-key", "timestamp", "The time key to be used in the customized Log Encoder")
 	pflag.StringVar(&encodeLevelFormat, "zap-level-format", "uppercase", "The level format to be used in the customized Log Encoder")
+	pflag.IntVar(&webhookPort, "webhook-port", 9443, "The port the webhook endpoint binds to.")
 	pflag.Parse()
 
 	opts.EncoderConfigOptions = append(opts.EncoderConfigOptions, func(ec *zapcore.EncoderConfig) {
diff --git a/versions.txt b/versions.txt
index 76dd1c2098..4226fc1374 100644
--- a/versions.txt
+++ b/versions.txt
@@ -5,7 +5,7 @@
 opentelemetry-collector=0.100.0
 
 # Represents the current release of the OpenTelemetry Operator.
-operator=0.100.0
+operator=0.100.1
 
 # Represents the current release of the Target Allocator.
 targetallocator=0.100.0