diff --git a/.github/CODEOWNERS b/.github/CODEOWNERS
index 5c010e802..4ee38a037 100644
--- a/.github/CODEOWNERS
+++ b/.github/CODEOWNERS
@@ -623,6 +623,7 @@ peps/pep-0741.rst  @vstinner
 peps/pep-0742.rst  @JelleZijlstra
 peps/pep-0743.rst  @vstinner
 peps/pep-0744.rst  @brandtbucher
+peps/pep-0745.rst  @hugovk
 # ...
 # peps/pep-0754.rst
 # ...
diff --git a/peps/pep-0745.rst b/peps/pep-0745.rst
new file mode 100644
index 000000000..f2eca479a
--- /dev/null
+++ b/peps/pep-0745.rst
@@ -0,0 +1,72 @@
+PEP: 745
+Title: Python 3.14 Release Schedule
+Author: Hugo van Kemenade <hugo@python.org>
+Status: Active
+Type: Informational
+Topic: Release
+Created: 24-Apr-2024
+Python-Version: 3.14
+
+
+Abstract
+========
+
+This document describes the development and release schedule for
+Python 3.14.
+
+Release Manager and Crew
+========================
+
+- 3.14 Release Manager: Hugo van Kemenade
+- Windows installers: Steve Dower
+- Mac installers: Ned Deily
+- Documentation: Julien Palard
+
+
+Release Schedule
+================
+
+3.14.0 schedule
+---------------
+
+The dates below use a 17-month development period that results
+in a 12-month release cadence between feature versions, as defined by
+:pep:`602`.
+
+Expected:
+
+- 3.14 development begins: Tuesday, 2024-05-07
+- 3.14.0 alpha 1: Tuesday, 2024-10-15
+- 3.14.0 alpha 2: Tuesday, 2024-11-19
+- 3.14.0 alpha 3: Tuesday, 2024-12-17
+- 3.14.0 alpha 4: Tuesday, 2025-01-14
+- 3.14.0 alpha 5: Tuesday, 2025-02-11
+- 3.14.0 alpha 6: Friday, 2025-03-14
+- 3.14.0 alpha 7: Tuesday, 2025-04-08
+- 3.14.0 beta 1: Tuesday, 2025-05-06
+  (No new features beyond this point.)
+- 3.14.0 beta 2: Tuesday, 2025-05-27
+- 3.14.0 beta 3: Tuesday, 2025-06-17
+- 3.14.0 beta 4: Tuesday, 2025-07-08
+- 3.14.0 candidate 1: Tuesday, 2025-07-22
+- 3.14.0 candidate 2: Tuesday, 2025-08-26
+- 3.14.0 final: Wednesday, 2025-10-01
+
+Subsequent bugfix releases every two months.
+
+
+3.14 lifespan
+-------------
+
+Python 3.14 will receive bugfix updates approximately every two months for
+approximately 24 months. Around the time of the release of 3.16.0 final, the
+final 3.14 bugfix update will be released. After that, it is expected that
+security updates (source only) will be released until five years after the
+release of 3.14.0 final, so until approximately October 2030.
+
+
+Copyright
+=========
+
+This document is placed in the public domain or under the
+CC0-1.0-Universal license, whichever is more permissive.