diff --git a/charts/matrix-stack/source/element-web.yaml.j2 b/charts/matrix-stack/source/element-web.yaml.j2
index bc0b8a9e4..3061b6c74 100644
--- a/charts/matrix-stack/source/element-web.yaml.j2
+++ b/charts/matrix-stack/source/element-web.yaml.j2
@@ -20,7 +20,7 @@ additional: {}
 
 # Number of Element Web replicas to start up
 replicas: 1
-{{- sub_schema_values.image(registry='oci.element.io', repository='element-web', tag='v1.12.13') -}}
+{{- sub_schema_values.image(registry='oci.element.io', repository='element-web', tag='v1.12.14-rc.0') -}}
 {{- sub_schema_values.ingress() -}}
 {{- sub_schema_values.labels() -}}
 {{- sub_schema_values.workloadAnnotations() -}}
diff --git a/charts/matrix-stack/values.yaml b/charts/matrix-stack/values.yaml
index 67801cf8f..5680e79cd 100644
--- a/charts/matrix-stack/values.yaml
+++ b/charts/matrix-stack/values.yaml
@@ -1398,7 +1398,7 @@ elementWeb:
 
     ## The tag of the container image to use.
     ## One of tag or digest must be provided.
-    tag: "v1.12.13"
+    tag: "v1.12.14-rc.0"
 
     ## Container digest to use. Used to pull the image instead of the image tag if set
     ## The tag will still be set as the app.kubernetes.io/version label
diff --git a/newsfragments/1209.changed.md b/newsfragments/1209.changed.md
new file mode 100644
index 000000000..66da23fc2
--- /dev/null
+++ b/newsfragments/1209.changed.md
@@ -0,0 +1,8 @@
+Upgrade Element Web to v1.12.14.
+
+Highlights:
+- Improve performance of the room list
+- Hide the names of banned users behind a spoiler tag
+
+Full Changelogs:
+- [v1.12.14](https://github.com/element-hq/element-web/releases/tag/v1.12.14)