diff --git a/package/binutils/binutils.mk b/package/binutils/binutils.mk
index 5ab346c9e3..7dfe4db9d2 100644
--- a/package/binutils/binutils.mk
+++ b/package/binutils/binutils.mk
@@ -122,11 +122,11 @@ endef
 endif
 
 ifneq ($(ARCH_XTENSA_CORE_NAME),)
-define BINUTILS_XTENSA_PRE_PATCH
+define BINUTILS_XTENSA_OVERLAY_EXTRACT
 	$(call arch-xtensa-overlay-extract,$(@D),binutils)
 endef
-BINUTILS_PRE_PATCH_HOOKS += BINUTILS_XTENSA_PRE_PATCH
-HOST_BINUTILS_PRE_PATCH_HOOKS += BINUTILS_XTENSA_PRE_PATCH
+BINUTILS_POST_EXTRACT_HOOKS += BINUTILS_XTENSA_OVERLAY_EXTRACT
+HOST_BINUTILS_POST_EXTRACT_HOOKS += BINUTILS_XTENSA_OVERLAY_EXTRACT
 endif
 
 ifeq ($(BR2_BINUTILS_ENABLE_LTO),y)