docs: update Releases.md [ci skip]

docs/08-Releases.md

@@ -9,12 +9,12 @@ and produce the following type of releases:
 
 - **Patch releases**
 
-Includes backward compatible bug fixes and increments the third digit, e.g. 1.0.1.
+Includes backward compatible bug fixes and increments the third digit, e.g. 2.0.1.
 
 
 - **Minor releases**
 
-Includes backward compatible new features and increments the middle digit and resets the last digit to zero, e.g. 1.1.0.
+Includes backward compatible new features and increments the middle digit and resets the last digit to zero, e.g. 2.1.0, 2.2.0, 2.3.0, etc.
 
 
 - **Major releases**
@@ -26,20 +26,30 @@ Includes changes that break backward compatibility and increments the first digi
 Here is the established release process of UI5 Web Components:
 
 
-- **Monthly Stable Releases** - 1.11.0, 1.12.0....1.18.0
+### Version 2
 
-Every start of the month, a new minor version is released, which we consider stable and recommended for consumers.
-Check the [Release Timelines](https://github.com/SAP/ui5-webcomponents/projects?type=classic) for up-to-date information (the related content is at the bottom of the page).
+The UI5 Web Components version 2 is the latest major and recommended for usage.
 
-- **Weekly Preview Releases** - 1.13.0-rc.0, 1.13.0-rc.1, 1.13.0-rc.2 (preview of 1.13)
+- **Monthly Stable Releases** - 2.1.0, 2.2.0....2.x.0.
+
+Every start of the month, a new minor version is released - stable and recommended for consumers.
+Check the [Release Timelines](https://github.com/orgs/SAP/projects/91?pane=info) for up-to-date information (the related content is at the bottom of the page).
+
+- **Weekly Preview Releases** - 2.x.0-rc.0, 2.x.0-rc.1....2.x.0-rc.z.
 
 Every week on Thursday, a new release candidate version is released, considered a preview of the upcoming minor version.
 It's more up-to-date with the latest development and it's useful for consumers that would like to get frequent updates and test upcoming features in the minor version.
 
-
-- **On-demand Patch Releases** - 1.13.1, 1.13.2, 1.13.3
+- **On-demand Patch Releases** - 2.x.1, 2.x.2....2.x.y.
 
 Patches are released on-demand for high-priority issues.
 
+### Version 1 
+
+The UI5 Web Components version 1 is in maintenance until 30 June 2025.
+
+- **Monthly Patch Releases** - 1.24.1, 1.24.2....1.24.y.
+
+Every start of the month, a new patch of 1.24 version is released - stable and recommended for consumers that still rely on version 1.
 
 **Note:** The changelog of all releases can be found on the [GitHub Release](https://github.com/SAP/ui5-webcomponents/releases) page.