diff --git a/.changeset/fast-coats-try.md b/.changeset/fast-coats-try.md
new file mode 100644
index 000000000..39ba7b8ab
--- /dev/null
+++ b/.changeset/fast-coats-try.md
@@ -0,0 +1,5 @@
+---
+'openzeppelin-solidity': minor
+---
+
+`Initializable`: Add `_initializableStorageSlot` function that returns a pointer to the storage struct. The function allows customizing with a custom storage slot with an `override`.
diff --git a/contracts/proxy/utils/Initializable.sol b/contracts/proxy/utils/Initializable.sol
index b3d82b586..3c1b7bfa8 100644
--- a/contracts/proxy/utils/Initializable.sol
+++ b/contracts/proxy/utils/Initializable.sol
@@ -216,13 +216,23 @@ abstract contract Initializable {
         return _getInitializableStorage()._initializing;
     }
 
+    /**
+     * @dev Pointer to storage slot. Allows integrators to override it with a custom storage location.
+     *
+     * NOTE: Consider following the ERC-7201 formula to derive storage locations.
+     */
+    function _initializableStorageSlot() internal pure virtual returns (bytes32) {
+        return INITIALIZABLE_STORAGE;
+    }
+
     /**
      * @dev Returns a pointer to the storage namespace.
      */
     // solhint-disable-next-line var-name-mixedcase
     function _getInitializableStorage() private pure returns (InitializableStorage storage $) {
+        bytes32 slot = _initializableStorageSlot();
         assembly {
-            $.slot := INITIALIZABLE_STORAGE
+            $.slot := slot
         }
     }
 }