diff --git a/extra/libwebp/PKGBUILD b/extra/libwebp/PKGBUILD
index 9e51c0d06..66929169e 100644
--- a/extra/libwebp/PKGBUILD
+++ b/extra/libwebp/PKGBUILD
@@ -6,7 +6,7 @@
 #  - disable neon on !AArch64
 
 pkgname=libwebp
-pkgver=1.1.0
+pkgver=1.2.0
 pkgrel=1
 pkgdesc="WebP library and conversion tools"
 arch=(x86_64)
@@ -15,10 +15,10 @@ license=(BSD)
 depends=(libpng libjpeg libtiff giflib)
 makedepends=(freeglut mesa glu git)
 optdepends=('freeglut: vwebp viewer')
-_commit=d7844e9762b61c9638c263657bd49e1690184832  # tags/v1.1.0-rc2^0
+_commit=fedac6cc69cda3e9e04b780d324cf03921fb3ff4  # tags/v1.2.0-rc3^0
 source=("git+https://chromium.googlesource.com/webm/libwebp#commit=$_commit")
 sha256sums=('SKIP')
-validpgpkeys=('6B0E6B70976DE303EDF2F601F9C3D6BDB8232B5D')
+validpgpkeys=('6B0E6B70976DE303EDF2F601F9C3D6BDB8232B5D') # WebP release signing key
 
 pkgver() {
   cd $pkgname
@@ -33,11 +33,12 @@ prepare() {
 build() {
   cd $pkgname
   [[ $CARCH != "aarch64" ]] && CONFIG="--disable-neon"
-  ./configure --prefix=/usr \
-     --enable-swap-16bit-csp \
-     --enable-experimental \
-     --enable-libwebp{mux,demux,decoder,extras} \
-     --disable-static $CONFIG
+  ./configure \
+    --prefix=/usr \
+    --disable-static \
+    --enable-swap-16bit-csp \
+    --enable-experimental \
+    --enable-libwebp{mux,demux,decoder,extras} $CONFIG
   sed -i -e 's/ -shared / -Wl,-O1,--as-needed\0/g' libtool
   make
 }