diff --git a/charts/prometheus-memcached-exporter/Chart.yaml b/charts/prometheus-memcached-exporter/Chart.yaml
index 992314eeb322..3a3e31f9f5b4 100644
--- a/charts/prometheus-memcached-exporter/Chart.yaml
+++ b/charts/prometheus-memcached-exporter/Chart.yaml
@@ -2,7 +2,7 @@ apiVersion: v2
 name: prometheus-memcached-exporter
 description: Prometheus exporter for Memcached metrics
 type: application
-version: 0.1.0
+version: 0.2.0
 appVersion: "v0.13.0"
 home: https://github.com/prometheus/memcached_exporter
 sources:
diff --git a/charts/prometheus-memcached-exporter/templates/service.yaml b/charts/prometheus-memcached-exporter/templates/service.yaml
index 652f1a523c67..7b4dd41155b6 100644
--- a/charts/prometheus-memcached-exporter/templates/service.yaml
+++ b/charts/prometheus-memcached-exporter/templates/service.yaml
@@ -4,6 +4,13 @@ metadata:
   name: {{ include "prometheus-memcached-exporter.fullname" . }}
   labels:
     {{- include "prometheus-memcached-exporter.labels" . | nindent 4 }}
+  {{- with .Values.service.labels }}
+    {{- toYaml . | nindent 4 }}
+  {{- end }}
+  {{- with .Values.service.annotations }}
+  annotations:
+    {{- toYaml . | nindent 4 }}
+  {{- end }}
 spec:
   type: {{ .Values.service.type }}
   ports:
diff --git a/charts/prometheus-memcached-exporter/values.yaml b/charts/prometheus-memcached-exporter/values.yaml
index 3c72a789ffd6..7dd55d1b1a09 100644
--- a/charts/prometheus-memcached-exporter/values.yaml
+++ b/charts/prometheus-memcached-exporter/values.yaml
@@ -39,6 +39,10 @@ securityContext: {}
 service:
   type: ClusterIP
   port: 9150
+  # Labels to append to the service
+  labels: {}
+  # Annotations to add to the service
+  annotations: {}
 
 resources: {}
   # We usually recommend not to specify default resources and to leave this as a conscious