diff --git a/en/TOC.md b/en/TOC.md
index 4bde4ccf8..2352e2898 100644
--- a/en/TOC.md
+++ b/en/TOC.md
@@ -128,6 +128,7 @@
     - [1.6 GA](releases/release-1.6.0.md)
     - [1.6.0-beta.1](releases/release-1.6.0-beta.1.md)
   - v1.5
+    - [1.5.4](releases/release-1.5.4.md)
     - [1.5.3](releases/release-1.5.3.md)
     - [1.5.2](releases/release-1.5.2.md)
     - [1.5.1](releases/release-1.5.1.md)
diff --git a/en/releases/release-1.5.4.md b/en/releases/release-1.5.4.md
new file mode 100644
index 000000000..73981e8f6
--- /dev/null
+++ b/en/releases/release-1.5.4.md
@@ -0,0 +1,24 @@
+---
+title: TiDB Operator 1.5.4 Release Notes
+summary: Learn about improvements and bug fixes in TiDB Operator 1.5.4.
+---
+
+# TiDB Operator 1.5.4 Release Notes
+
+Release date: September 13, 2024
+
+TiDB Operator version: 1.5.4
+
+## Improvements
+
+- The VolumeReplace feature supports customizing the number of spare replicas for PD and TiKV ([#5666](https://github.com/pingcap/tidb-operator/pull/5666), [@anish-db](https://github.com/anish-db))
+- The VolumeReplace feature can be enabled for specific TiDB clusters ([#5670](https://github.com/pingcap/tidb-operator/pull/5670), [@rajsuvariya](https://github.com/rajsuvariya))
+- EBS snapshot restore supports configuring whether to terminate the entire restore task immediately if volume warmup fails ([#5622](https://github.com/pingcap/tidb-operator/pull/5622), [@michaelmdeng](https://github.com/michaelmdeng))
+- When using the `check-wal-only` warmup strategy, EBS snapshot restore marks the entire restore task as failed if warmup fails ([#5621](https://github.com/pingcap/tidb-operator/pull/5621), [@michaelmdeng](https://github.com/michaelmdeng))
+
+## Bug fixes
+
+- Fix the issue that `tidb-backup-manager` cannot parse backup file size in BR backupmeta v2 ([#5411](https://github.com/pingcap/tidb-operator/pull/5411), [@Leavrth](https://github.com/Leavrth))
+- Fix a potential EBS volume leak issue that occurs when EBS snapshot restore fails ([#5634](https://github.com/pingcap/tidb-operator/pull/5634), [@WangLe1321](https://github.com/WangLe1321))
+- Fix the issue that metrics are not properly initialized after federated manager restarts ([#5637](https://github.com/pingcap/tidb-operator/pull/5637), [@wxiaomou](https://github.com/wxiaomou))
+- Fix the issue that EBS snapshot restore incorrectly succeeds when no TiKV instances are configured or TiKV replica is set to 0 ([#5659](https://github.com/pingcap/tidb-operator/pull/5659), [@BornChanger](https://github.com/BornChanger))
diff --git a/zh/TOC.md b/zh/TOC.md
index abdbf852d..f3609dcbb 100644
--- a/zh/TOC.md
+++ b/zh/TOC.md
@@ -128,6 +128,7 @@
     - [1.6 GA](releases/release-1.6.0.md)
     - [1.6.0-beta.1](releases/release-1.6.0-beta.1.md)
   - v1.5
+    - [1.5.4](releases/release-1.5.4.md)
     - [1.5.3](releases/release-1.5.3.md)
     - [1.5.2](releases/release-1.5.2.md)
     - [1.5.1](releases/release-1.5.1.md)
diff --git a/zh/releases/release-1.5.4.md b/zh/releases/release-1.5.4.md
new file mode 100644
index 000000000..f9787fe8e
--- /dev/null
+++ b/zh/releases/release-1.5.4.md
@@ -0,0 +1,24 @@
+---
+title: TiDB Operator 1.5.4 Release Notes
+summary: 了解 TiDB Operator 1.5.4 版本的优化提升和 Bug 修复。
+---
+
+# TiDB Operator 1.5.4 Release Notes
+
+发布日期：2024 年 9 月 13 日
+
+TiDB Operator 版本：1.5.4
+
+## 优化提升
+
+- VolumeReplace 功能支持为 PD 和 TiKV 自定义备用副本数量 ([#5666](https://github.com/pingcap/tidb-operator/pull/5666), [@anish-db](https://github.com/anish-db))
+- VolumeReplace 功能支持仅为特定 TiDB 集群开启 ([#5670](https://github.com/pingcap/tidb-operator/pull/5670), [@rajsuvariya](https://github.com/rajsuvariya))
+- EBS 快照恢复支持设定某个卷 warmup 失败时是否立即终止整个恢复任务 ([#5622](https://github.com/pingcap/tidb-operator/pull/5622), [@michaelmdeng](https://github.com/michaelmdeng))
+- EBS 快照恢复在使用 `check-wal-only` 策略时，如果 warmup 失败，整个恢复任务将被设置为失败 ([#5621](https://github.com/pingcap/tidb-operator/pull/5621), [@michaelmdeng](https://github.com/michaelmdeng))
+
+## Bug 修复
+
+- 修复 `tidb-backup-manager` 无法解析 BR backupmeta v2 中备份文件大小的问题 ([#5411](https://github.com/pingcap/tidb-operator/pull/5411), [@Leavrth](https://github.com/Leavrth))
+- 修复 EBS 快照恢复失败时，EBS 卷可能泄露的问题 ([#5634](https://github.com/pingcap/tidb-operator/pull/5634), [@WangLe1321](https://github.com/WangLe1321))
+- 修复 Federated manager 重启后未正确初始化相关指标的问题 ([#5637](https://github.com/pingcap/tidb-operator/pull/5637), [@wxiaomou](https://github.com/wxiaomou))
+- 修复在没有配置 TiKV 节点或者 TiKV 副本数为 0 时，EBS 快照恢复错误地显示为成功的问题 ([#5659](https://github.com/pingcap/tidb-operator/pull/5659), [@BornChanger](https://github.com/BornChanger))