diff --git a/include/linux/gfp.h b/include/linux/gfp.h
index c6b960d1aefd..def31f0f5a07 100644
--- a/include/linux/gfp.h
+++ b/include/linux/gfp.h
@@ -41,22 +41,24 @@ struct vm_area_struct;
 #define ___GFP_ACCOUNT		0x400000u
 #define ___GFP_ZEROTAGS		0x800000u
 #ifdef CONFIG_KASAN_HW_TAGS
-#define ___GFP_SKIP_KASAN_UNPOISON	0x1000000u
-#define ___GFP_SKIP_KASAN_POISON	0x2000000u
+#define ___GFP_SKIP_ZERO		0x1000000u
+#define ___GFP_SKIP_KASAN_UNPOISON	0x2000000u
+#define ___GFP_SKIP_KASAN_POISON	0x4000000u
 #else
+#define ___GFP_SKIP_ZERO		0
 #define ___GFP_SKIP_KASAN_UNPOISON	0
 #define ___GFP_SKIP_KASAN_POISON	0
 #endif
 #ifdef CONFIG_CMA
-#define ___GFP_CMA		0x4000000u
+#define ___GFP_CMA		0x8000000u
 #else
 #define ___GFP_CMA		0
 #endif
 #ifdef CONFIG_LOCKDEP
 #ifdef CONFIG_CMA
-#define ___GFP_NOLOCKDEP	0x8000000u
+#define ___GFP_NOLOCKDEP	0x10000000u
 #else
-#define ___GFP_NOLOCKDEP	0x4000000u
+#define ___GFP_NOLOCKDEP	0x8000000u
 #endif
 #else
 #define ___GFP_NOLOCKDEP	0
@@ -236,9 +238,10 @@ struct vm_area_struct;
  * %__GFP_ZERO returns a zeroed page on success.
  *
  * %__GFP_ZEROTAGS zeroes memory tags at allocation time if the memory itself
- * is being zeroed (either via __GFP_ZERO or via init_on_alloc). This flag is
- * intended for optimization: setting memory tags at the same time as zeroing
- * memory has minimal additional performace impact.
+ * is being zeroed (either via __GFP_ZERO or via init_on_alloc, provided that
+ * __GFP_SKIP_ZERO is not set). This flag is intended for optimization: setting
+ * memory tags at the same time as zeroing memory has minimal additional
+ * performace impact.
  *
  * %__GFP_SKIP_KASAN_UNPOISON makes KASAN skip unpoisoning on page allocation.
  * Only effective in HW_TAGS mode.
@@ -250,6 +253,7 @@ struct vm_area_struct;
 #define __GFP_COMP	((__force gfp_t)___GFP_COMP)
 #define __GFP_ZERO	((__force gfp_t)___GFP_ZERO)
 #define __GFP_ZEROTAGS	((__force gfp_t)___GFP_ZEROTAGS)
+#define __GFP_SKIP_ZERO ((__force gfp_t)___GFP_SKIP_ZERO)
 #define __GFP_SKIP_KASAN_UNPOISON ((__force gfp_t)___GFP_SKIP_KASAN_UNPOISON)
 #define __GFP_SKIP_KASAN_POISON   ((__force gfp_t)___GFP_SKIP_KASAN_POISON)
 
@@ -259,11 +263,11 @@ struct vm_area_struct;
 /* Room for N __GFP_FOO bits */
 #ifdef CONFIG_CMA
 #define __GFP_BITS_SHIFT (25 +						\
-			  2 * IS_ENABLED(CONFIG_KASAN_HW_TAGS) +	\
+			  3 * IS_ENABLED(CONFIG_KASAN_HW_TAGS) +	\
 			  IS_ENABLED(CONFIG_LOCKDEP))
 #else
 #define __GFP_BITS_SHIFT (24 +						\
-			  2 * IS_ENABLED(CONFIG_KASAN_HW_TAGS) +	\
+			  3 * IS_ENABLED(CONFIG_KASAN_HW_TAGS) +	\
 			  IS_ENABLED(CONFIG_LOCKDEP))
 #endif
 #define __GFP_BITS_MASK ((__force gfp_t)((1 << __GFP_BITS_SHIFT) - 1))
diff --git a/include/trace/events/mmflags.h b/include/trace/events/mmflags.h
index 42a29188c51b..d26bfc495129 100644
--- a/include/trace/events/mmflags.h
+++ b/include/trace/events/mmflags.h
@@ -53,6 +53,7 @@
 
 #ifdef CONFIG_KASAN_HW_TAGS
 #define __def_gfpflag_names_kasan ,					       \
+	{(unsigned long)__GFP_SKIP_ZERO,	   "__GFP_SKIP_ZERO"},	       \
 	{(unsigned long)__GFP_SKIP_KASAN_POISON,   "__GFP_SKIP_KASAN_POISON"}, \
 	{(unsigned long)__GFP_SKIP_KASAN_UNPOISON, "__GFP_SKIP_KASAN_UNPOISON"}
 #else
diff --git a/mm/page_alloc.c b/mm/page_alloc.c
index f71b0078fb5f..8fa936145074 100644
--- a/mm/page_alloc.c
+++ b/mm/page_alloc.c
@@ -2361,10 +2361,21 @@ static inline bool should_skip_kasan_unpoison(gfp_t flags, bool init_tags)
 	return init_tags || (flags & __GFP_SKIP_KASAN_UNPOISON);
 }
 
+static inline bool should_skip_init(gfp_t flags)
+{
+	/* Don't skip, if hardware tag-based KASAN is not enabled. */
+	if (!kasan_hw_tags_enabled())
+		return false;
+
+	/* For hardware tag-based KASAN, skip if requested. */
+	return (flags & __GFP_SKIP_ZERO);
+}
+
 inline void post_alloc_hook(struct page *page, unsigned int order,
 				gfp_t gfp_flags)
 {
-	bool init = !want_init_on_free() && want_init_on_alloc(gfp_flags);
+	bool init = !want_init_on_free() && want_init_on_alloc(gfp_flags) &&
+			!should_skip_init(gfp_flags);
 	bool init_tags = init && (gfp_flags & __GFP_ZEROTAGS);
 
 	set_page_private(page, 0);