diff --git a/pkg/actions/addon/update.go b/pkg/actions/addon/update.go
index c15e82edda..987ad23f3f 100644
--- a/pkg/actions/addon/update.go
+++ b/pkg/actions/addon/update.go
@@ -74,6 +74,7 @@ func (a *Manager) Update(ctx context.Context, addon *api.Addon, podIdentityIAMUp
 			logger.Info("new version provided %s", latestVersion)
 		}
 		updateAddonInput.AddonVersion = &latestVersion
+		addon.Version = latestVersion
 	}
 
 	var deleteServiceAccountIAMResources []string
diff --git a/pkg/actions/addon/update_test.go b/pkg/actions/addon/update_test.go
index adc336b293..93d69f0da6 100644
--- a/pkg/actions/addon/update_test.go
+++ b/pkg/actions/addon/update_test.go
@@ -182,10 +182,11 @@ var _ = Describe("Update", func() {
 
 			When("the version is set to latest", func() {
 				It("discovers and uses the latest available version", func() {
-					err := addonManager.Update(context.Background(), &api.Addon{
+					addonObj := &api.Addon{
 						Name:    "my-addon",
 						Version: "latest",
-					}, &podIdentityIAMUpdater, 0)
+					}
+					err := addonManager.Update(context.Background(), addonObj, &podIdentityIAMUpdater, 0)
 
 					Expect(err).NotTo(HaveOccurred())
 					Expect(*describeAddonInput.ClusterName).To(Equal("my-cluster"))
@@ -194,6 +195,7 @@ var _ = Describe("Update", func() {
 					Expect(*updateAddonInput.AddonName).To(Equal("my-addon"))
 					Expect(*updateAddonInput.AddonVersion).To(Equal("v1.7.7-eksbuild.2"))
 					Expect(*updateAddonInput.ServiceAccountRoleArn).To(Equal("original-arn"))
+					Expect(addonObj.Version).To(Equal("v1.7.7-eksbuild.2"))
 				})
 			})