diff --git a/peps/pep-0534.rst b/peps/pep-0534.rst
index e2c2594175f..59fd05db408 100644
--- a/peps/pep-0534.rst
+++ b/peps/pep-0534.rst
@@ -3,7 +3,7 @@ Title: Improved Errors for Missing Standard Library Modules
 Author: Tomáš Orsava <tomas.n@orsava.cz>,
         Petr Viktorin <encukou@gmail.com>,
         Alyssa Coghlan <ncoghlan@gmail.com>
-Status: Deferred
+Status: Withdrawn
 Type: Standards Track
 Created: 05-Sep-2016
 Post-History:
@@ -22,16 +22,24 @@ and providing more informative error messages to users when attempts to import
 standard library modules fail.
 
 
-PEP Deferral
-============
+PEP Withdrawal
+==============
+
+The authors have withdrawn this PEP as the core ideas have been implemented over
+time. The relevant features include the :data:`sys.stdlib_module_names`
+API for listing standard library modules, the
+:external+py3.15:option:`--with-missing-stdlib-config`
+configure option for distributors to provide custom error messages,
+and improved :exc:`ModuleNotFoundError` error messages for missing
+:term:`standard library` modules, for example:
 
-The PEP authors aren't actively working on this PEP, so if improving these
-error messages is an idea that you're interested in pursuing, please get in
-touch! (e.g. by posting to the python-dev mailing list).
+.. code-block:: pycon
 
-The key piece of open work is determining how to get the autoconf and Visual
-Studio build processes to populate the sysconfig metadata file with the lists
-of expected and optional standard library modules.
+   >>> import zlib
+   Traceback (most recent call last):
+     File "<python-input-0>", line 1, in <module>
+       import zlib
+   ModuleNotFoundError: Standard library module 'zlib' was not found
 
 
 Motivation