diff --git a/builder/README.md b/builder/README.md
index a73b7dd..d6ad496 100644
--- a/builder/README.md
+++ b/builder/README.md
@@ -27,52 +27,52 @@ The base image can be chosen from the tags from [http://quay.io/ansible/ansible-
 
 ```bash
 cd builder
-ansible-builder build --tag registry.example.com/ansible/ee:2.10-custom --container-runtime docker --verbosity 3
+ansible-builder build --tag registry.example.com/ansible/ee:2.12-custom --container-runtime docker --verbosity 3
 ```
 
 ```bash
-$ ansible-builder build --tag registry.example.com/ansible/ee:2.10-custom --container-runtime docker --verbosity 3
-Ansible Builder is building your execution environment image, "registry.example.com/ansible/ee:2.10-custom".
+$ ansible-builder build --tag registry.example.com/ansible/ee:2.12-custom --container-runtime docker --verbosity 3
+Ansible Builder is building your execution environment image, "registry.example.com/ansible/ee:2.12-custom".
 File context/_build/requirements.yml will be created.
 File context/_build/requirements.txt will be created.
 File context/_build/bindep.txt will be created.
 File context/_build/ansible.cfg will be created.
 Rewriting Containerfile to capture collection requirements
 Running command:
-  docker build -f context/Dockerfile -t registry.example.com/ansible/ee:2.10-custom context
+  docker build -f context/Dockerfile -t registry.example.com/ansible/ee:2.12-custom context
 Sending build context to Docker daemon   7.68kB
-Step 1/25 : ARG EE_BASE_IMAGE=quay.io/ansible/ansible-runner:stable-2.10-devel
+Step 1/25 : ARG EE_BASE_IMAGE=quay.io/ansible/ansible-runner:stable-2.12-latest
 Step 2/25 : ARG EE_BUILDER_IMAGE=quay.io/ansible/ansible-builder:latest
 Step 3/25 : FROM $EE_BASE_IMAGE as galaxy
 ...
-Removing intermediate container a083001a665a
- ---> 050cf7076379
-Successfully built 050cf7076379
-Successfully tagged registry.example.com/ansible/ee:2.10-custom
+Removing intermediate container cb1d45eac7ba
+ ---> f6c3375db22e
+Successfully built f6c3375db22e
+Successfully tagged registry.example.com/ansible/ee:2.12-custom
 
 Complete! The build context can be found at: /home/********/awx-on-k3s/builder/context
 ```
 
 ```bash
 $ docker image ls
-REPOSITORY                              TAG                 IMAGE ID       CREATED         SIZE
-registry.example.com/ansible/ee         2.10-custom         6fb343319a80   2 minutes ago   871MB
+REPOSITORY                        TAG                  IMAGE ID       CREATED         SIZE
+registry.example.com/ansible/ee   2.12-custom          f6c3375db22e   4 minutes ago   748MB
 ```
 
 Now you can push this image to the container registry to use as Execution Environment on AWX. If you want to deploy your own private container registry, refer [additional guide on this repository](../registry).
 
 ```bash
-$ docker push registry.example.com/ansible/ee:2.10-custom
+$ docker push registry.example.com/ansible/ee:2.12-custom
 The push refers to repository [registry.example.com/ansible/ee]
 ...
-2.10-custom: digest: sha256:0138445c58253c733f2e255b618469d9f61337901c13e3be6412984fd835ad55 size: 3880
+2.12-custom: digest: sha256:043a2bd19f4fcc5bd189f0ef0e8fb4e3b436c90e984f23f7dcf0e6b3da4443e0 size: 4515
 ```
 
 The `Dockerfile` generated for the build will be saved under the `context` directory.
 
 ```bash
 $ cat context/Dockerfile
-ARG EE_BASE_IMAGE=quay.io/ansible/ansible-runner:stable-2.10-devel
+ARG EE_BASE_IMAGE=quay.io/ansible/ansible-runner:stable-2.12-latest
 ARG EE_BUILDER_IMAGE=quay.io/ansible/ansible-builder:latest
 
 FROM $EE_BASE_IMAGE as galaxy
diff --git a/builder/execution-environment.yml b/builder/execution-environment.yml
index c7d5d4c..eb30273 100644
--- a/builder/execution-environment.yml
+++ b/builder/execution-environment.yml
@@ -2,7 +2,7 @@
 version: 1
 
 build_arg_defaults:
-  EE_BASE_IMAGE: quay.io/ansible/ansible-runner:stable-2.10-devel
+  EE_BASE_IMAGE: quay.io/ansible/ansible-runner:stable-2.12-latest
 
 ansible_config: ansible.cfg