diff --git a/dracut_99microcode_ctl-fw_dir_override_module_init.sh b/dracut_99microcode_ctl-fw_dir_override_module_init.sh
index 854e278..f1244cb 100755
--- a/dracut_99microcode_ctl-fw_dir_override_module_init.sh
+++ b/dracut_99microcode_ctl-fw_dir_override_module_init.sh
@@ -13,6 +13,7 @@ install() {
 	local DATA_DIR=/usr/share/microcode_ctl/ucode_with_caveats
 	local CFG_DIR="/etc/microcode_ctl/ucode_with_caveats"
 	local check_caveats=/usr/libexec/microcode_ctl/check_caveats
+	local fw_path_para=$(< /sys/module/firmware_class/parameters/path)
 
 	local verbose_opt
 	local cc_out
@@ -36,9 +37,13 @@ install() {
 	}
 
 	# Reset fw_dir to avoid inclusion of kernel-version-specific directories
-	# populated with microcode for the late load
-	[ "x$fw_dir" != \
-	  "x/lib/firmware/updates /lib/firmware /lib/firmware/$kernel" ] || {
+	# populated with microcode for the late load, only in case it is set
+	# to the default value to avoid meddling with user-enforced changes.
+	# The second variant has been introduced in dracut-057~5.
+	[ \( "x$fw_dir" != \
+	     "x/lib/firmware/updates /lib/firmware /lib/firmware/$kernel" \) -a \
+	  \( "x$fw_dir" != \
+	     "x${fw_path_para:+$fw_path_para }/lib/firmware/updates/$kernel /lib/firmware/updates /lib/firmware/$kernel /lib/firmware" \) ] || {
 		fw_dir="/lib/firmware/updates /lib/firmware"
 		dinfo "    microcode_ctl: reset fw_dir to \"${fw_dir}\""
 	}
diff --git a/microcode_ctl.spec b/microcode_ctl.spec
index 175493a..03bd1d1 100644
--- a/microcode_ctl.spec
+++ b/microcode_ctl.spec
@@ -13,7 +13,7 @@
 Summary:        CPU microcode updates for Intel x86 processors
 Name:           microcode_ctl
 Version:        %{intel_ucode_version}
-Release:        1%{?dist}
+Release:        2%{?dist}
 Epoch:          4
 License:        CC0 and Redistributable, no modification permitted
 URL:            https://github.com/intel/Intel-Linux-Processor-Microcode-Data-Files
@@ -569,6 +569,10 @@ rm -rf %{buildroot}
 
 
 %changelog
+* Tue Aug 22 2023 Eugene Syromiatnikov <esyr@redhat.com> - 4:20230808-2
+- Add support for the new, more correct, variant of dracut's default
+  $fw_dir path in dracut_99microcode_ctl-fw_dir_override_module_init.sh.
+
 * Thu Aug 10 2023 Eugene Syromiatnikov <esyr@redhat.com> - 4:20230808-1
 - Update Intel CPU microcode to microcode-20230808 release, addresses
   CVE-2022-40982, CVE-2022-41804, CVE-2023-23908 (#2213125, #2223993, #2230678,