diff --git a/doc/APIchanges b/doc/APIchanges
index b3563cd528..e374f3ca81 100644
--- a/doc/APIchanges
+++ b/doc/APIchanges
@@ -14,6 +14,11 @@ libavutil:     2021-04-27
 
 API changes, most recent first:
 
+2022-07-xx - xxxxxxxxx - lavc 59.40.100 - avcodec.h
+  Add the AV_CODEC_FLAG2_ICC_PROFILES flag to AVCodecContext, to enable
+  automatic reading and writing of embedded ICC profiles in image files.
+  The "flags2" option now supports the corresponding flag "icc_profiles".
+
 2022-07-xx - xxxxxxxxxx - lavu 57.30.100 - frame.h
   Add AVFrame.duration, deprecate AVFrame.pkt_duration.
 
diff --git a/doc/codecs.texi b/doc/codecs.texi
index 5e10020900..1adacd2b59 100644
--- a/doc/codecs.texi
+++ b/doc/codecs.texi
@@ -644,6 +644,8 @@ for codecs that support it. See also @file{doc/examples/export_mvs.c}.
 Do not skip samples and export skip information as frame side data.
 @item ass_ro_flush_noop
 Do not reset ASS ReadOrder field on flush.
+@item icc_profiles
+Generate/parse embedded ICC profiles from/to colorimetry tags.
 @end table
 
 @item export_side_data @var{flags} (@emph{decoding/encoding,audio,video,subtitles})
diff --git a/libavcodec/avcodec.h b/libavcodec/avcodec.h
index cb5c25bf63..60b215d2e9 100644
--- a/libavcodec/avcodec.h
+++ b/libavcodec/avcodec.h
@@ -331,6 +331,12 @@ typedef struct RcOverride{
  * Do not reset ASS ReadOrder field on flush (subtitles decoding)
  */
 #define AV_CODEC_FLAG2_RO_FLUSH_NOOP  (1 << 30)
+/**
+ * Generate/parse ICC profiles on encode/decode, as appropriate for the type of
+ * file. No effect on codecs which cannot contain embedded ICC profiles, or
+ * when compiled without support for lcms2.
+ */
+#define AV_CODEC_FLAG2_ICC_PROFILES   (1U << 31)
 
 /* Unsupported options :
  *              Syntax Arithmetic coding (SAC)
diff --git a/libavcodec/options_table.h b/libavcodec/options_table.h
index e72b4d12b6..a72085ac90 100644
--- a/libavcodec/options_table.h
+++ b/libavcodec/options_table.h
@@ -83,6 +83,7 @@ static const AVOption avcodec_options[] = {
 {"export_mvs", "export motion vectors through frame side data", 0, AV_OPT_TYPE_CONST, {.i64 = AV_CODEC_FLAG2_EXPORT_MVS}, INT_MIN, INT_MAX, V|D, "flags2"},
 {"skip_manual", "do not skip samples and export skip information as frame side data", 0, AV_OPT_TYPE_CONST, {.i64 = AV_CODEC_FLAG2_SKIP_MANUAL}, INT_MIN, INT_MAX, A|D, "flags2"},
 {"ass_ro_flush_noop", "do not reset ASS ReadOrder field on flush", 0, AV_OPT_TYPE_CONST, {.i64 = AV_CODEC_FLAG2_RO_FLUSH_NOOP}, INT_MIN, INT_MAX, S|D, "flags2"},
+{"icc_profiles", "generate/parse embedded ICC profiles from/to colorimetry tags", 0, AV_OPT_TYPE_CONST, {.i64 = AV_CODEC_FLAG2_ICC_PROFILES}, INT_MIN, INT_MAX, S|D, "flags2"},
 {"export_side_data", "Export metadata as side data", OFFSET(export_side_data), AV_OPT_TYPE_FLAGS, {.i64 = DEFAULT}, 0, UINT_MAX, A|V|S|D|E, "export_side_data"},
 {"mvs", "export motion vectors through frame side data", 0, AV_OPT_TYPE_CONST, {.i64 = AV_CODEC_EXPORT_DATA_MVS}, INT_MIN, INT_MAX, V|D, "export_side_data"},
 {"prft", "export Producer Reference Time through packet side data", 0, AV_OPT_TYPE_CONST, {.i64 = AV_CODEC_EXPORT_DATA_PRFT}, INT_MIN, INT_MAX, A|V|S|E, "export_side_data"},
diff --git a/libavcodec/version.h b/libavcodec/version.h
index f2f14eaed1..19f3f4a272 100644
--- a/libavcodec/version.h
+++ b/libavcodec/version.h
@@ -29,7 +29,7 @@
 
 #include "version_major.h"
 
-#define LIBAVCODEC_VERSION_MINOR  39
+#define LIBAVCODEC_VERSION_MINOR  40
 #define LIBAVCODEC_VERSION_MICRO 100
 
 #define LIBAVCODEC_VERSION_INT  AV_VERSION_INT(LIBAVCODEC_VERSION_MAJOR, \