diff --git a/CHANGELOG.md b/CHANGELOG.md
index 9ebc9088c24..68deae17317 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -22,6 +22,7 @@
   - Package `expandmapconverter` -> `expandconverter`
   - Package `filemapprovider` -> `fileprovider`
   - Package `overwritepropertiesmapconverter` -> `overwritepropertiesconverter`
+- Deprecate `component.ExtensionDefaultConfigFunc` in favor of `component.ExtensionCreateDefaultConfigFunc` (#5451)
 
 ### 💡 Enhancements 💡
 
diff --git a/component/extension.go b/component/extension.go
index c4643854480..10560ae4257 100644
--- a/component/extension.go
+++ b/component/extension.go
@@ -52,11 +52,14 @@ type ExtensionCreateSettings struct {
 	BuildInfo BuildInfo
 }
 
-// ExtensionDefaultConfigFunc is the equivalent of component.ExtensionFactory.CreateDefaultConfig()
-type ExtensionDefaultConfigFunc func() config.Extension
+// Deprecated: [v0.53.0] use ExtensionCreateDefaultConfigFunc.
+type ExtensionDefaultConfigFunc = ExtensionCreateDefaultConfigFunc
+
+// ExtensionCreateDefaultConfigFunc is the equivalent of component.ExtensionFactory.CreateDefaultConfig()
+type ExtensionCreateDefaultConfigFunc func() config.Extension
 
 // CreateDefaultConfig implements ExtensionFactory.CreateDefaultConfig()
-func (f ExtensionDefaultConfigFunc) CreateDefaultConfig() config.Extension {
+func (f ExtensionCreateDefaultConfigFunc) CreateDefaultConfig() config.Extension {
 	return f()
 }
 
@@ -87,17 +90,17 @@ type ExtensionFactory interface {
 
 type extensionFactory struct {
 	baseFactory
-	ExtensionDefaultConfigFunc
+	ExtensionCreateDefaultConfigFunc
 	CreateExtensionFunc
 }
 
 func NewExtensionFactory(
 	cfgType config.Type,
-	createDefaultConfig ExtensionDefaultConfigFunc,
+	createDefaultConfig ExtensionCreateDefaultConfigFunc,
 	createServiceExtension CreateExtensionFunc) ExtensionFactory {
 	return &extensionFactory{
-		baseFactory:                baseFactory{cfgType: cfgType},
-		ExtensionDefaultConfigFunc: createDefaultConfig,
-		CreateExtensionFunc:        createServiceExtension,
+		baseFactory:                      baseFactory{cfgType: cfgType},
+		ExtensionCreateDefaultConfigFunc: createDefaultConfig,
+		CreateExtensionFunc:              createServiceExtension,
 	}
 }