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diff --git a/firmware-2712/latest/recovery.bin b/firmware-2712/latest/recovery.bin
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diff --git a/firmware-2712/release-notes.md b/firmware-2712/release-notes.md
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--- a/firmware-2712/release-notes.md
+++ b/firmware-2712/release-notes.md
@@ -1,5 +1,15 @@
 # Raspberry Pi5 bootloader EEPROM release notes
 
+## 2025-01-13: Improved SDRAM refresh timings for Pi5 16GB (latest)
+
+* Improved SDRAM refresh timings for Pi5 - 16GB
+* Add an option to wait for the power button to be pressed before booting.
+  If POWER_OFF_ON_HALT=1 and WAIT_FOR_POWER_BTN=1 in the bootloader
+  config then the bootloader will wait for either the power button
+  to be pressed or an RTC alarm before booting. The wait state
+  switches the PMIC to STANDBY mode which is the lowest possible
+  power state.
+
 ## 2025-01-08: Update SDRAM refresh timings for BCM2712D0 products (latest)
 
 * Update SDRAM timings for BCM2712D0 products.