diff --git a/packages/codemods/src/transforms/v3/web-react/README.md b/packages/codemods/src/transforms/v3/web-react/README.md
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+++ b/packages/codemods/src/transforms/v3/web-react/README.md
@@ -0,0 +1,24 @@
+# Web-React v3 Codemods
+
+This is a collection of codemods for updating Web-React v3 components.
+
+You can find instructions on how to run these codemods in the main package [README](https://github.com/lmc-eu/spirit-design-system/blob/main/packages/codemods/README.md).
+
+## Included Scripts
+
+### `v3/web-react/link-underlined-prop` — Link `isUnderlined` to `udnerlined` prop change
+
+This codemod updates the `Link` component by replacing the `isUnderlined` prop with a new `underlined` prop, setting it to "always".
+
+#### Usage
+
+```sh
+npx @lmc-eu/spirit-codemods -p <path> -t v3/web-react/link-underlined-prop
+```
+
+#### Example
+
+```diff
+- <Link isUnderlined … />
++ <Link underlined="always" … />
+```
diff --git a/packages/codemods/src/transforms/v3/web-react/__testfixtures__/link-underlined-prop.input.tsx b/packages/codemods/src/transforms/v3/web-react/__testfixtures__/link-underlined-prop.input.tsx
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+++ b/packages/codemods/src/transforms/v3/web-react/__testfixtures__/link-underlined-prop.input.tsx
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+import React from 'react';
+// @ts-ignore: No declaration -- The library is not installed; we don't need to install it for fixtures.
+import { Link } from '@lmc-eu/spirit-web-react';
+
+export const MyComponent = () => (
+  <>
+    <Link />
+    <Link isUnderlined />
+    <Link isUnderlined={true} />
+    <Link isUnderlined={false} />
+  </>
+);
diff --git a/packages/codemods/src/transforms/v3/web-react/__testfixtures__/link-underlined-prop.output.tsx b/packages/codemods/src/transforms/v3/web-react/__testfixtures__/link-underlined-prop.output.tsx
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+++ b/packages/codemods/src/transforms/v3/web-react/__testfixtures__/link-underlined-prop.output.tsx
@@ -0,0 +1,12 @@
+import React from 'react';
+// @ts-ignore: No declaration -- The library is not installed; we don't need to install it for fixtures.
+import { Link } from '@lmc-eu/spirit-web-react';
+
+export const MyComponent = () => (
+  <>
+    <Link />
+    <Link underlined="always" />
+    <Link underlined="always" />
+    <Link />
+  </>
+);
diff --git a/packages/codemods/src/transforms/v3/web-react/__tests__/link-underlined-prop.test.ts b/packages/codemods/src/transforms/v3/web-react/__tests__/link-underlined-prop.test.ts
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+++ b/packages/codemods/src/transforms/v3/web-react/__tests__/link-underlined-prop.test.ts
@@ -0,0 +1,3 @@
+import { testTransform } from '../../../../../tests/testUtils';
+
+testTransform(__dirname, 'link-underlined-prop');
diff --git a/packages/codemods/src/transforms/v3/web-react/link-underlined-prop.ts b/packages/codemods/src/transforms/v3/web-react/link-underlined-prop.ts
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+++ b/packages/codemods/src/transforms/v3/web-react/link-underlined-prop.ts
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+import {
+  API,
+  FileInfo,
+  Collection,
+  JSCodeshift,
+  JSXElement,
+  JSXAttribute,
+  ImportDeclaration,
+  JSXOpeningElement,
+} from 'jscodeshift';
+
+const transform = (fileInfo: FileInfo, api: API): string => {
+  const j: JSCodeshift = api.jscodeshift;
+  const root: Collection<JSXElement> = j(fileInfo.source);
+
+  // Find import statements for the specific module
+  const importStatements: Collection<ImportDeclaration> = root.find(j.ImportDeclaration, {
+    source: {
+      value: (value: string): boolean => /^@lmc-eu\/spirit-web-react(\/.*)?$/.test(value),
+    },
+  });
+
+  // Check if the module is imported
+  if (importStatements.length > 0) {
+    // Find Link components in the code
+    const linkComponents: Collection<JSXOpeningElement> = root.find(j.JSXOpeningElement, {
+      name: {
+        type: 'JSXIdentifier',
+        name: 'Link',
+      },
+    });
+
+    linkComponents.forEach((path) => {
+      if (path.node && path.node.attributes) {
+        // Find the isUnderlined attribute
+        path.node.attributes.forEach((attr, index) => {
+          if (attr.type === 'JSXAttribute' && (attr as JSXAttribute).name.name === 'isUnderlined') {
+            const jsxAttr = attr as JSXAttribute;
+            // Check if the attribute value is true
+            if (
+              jsxAttr.value === null ||
+              (jsxAttr.value?.type === 'JSXExpressionContainer' &&
+                jsxAttr.value.expression.type === 'BooleanLiteral' &&
+                jsxAttr.value.expression.value === true) ||
+              (jsxAttr.value?.type === 'Literal' && jsxAttr.value.value === true)
+            ) {
+              // Change isUnderlined to underline="always"
+              jsxAttr.name.name = 'underlined';
+              jsxAttr.value = j.literal('always');
+            } else if (
+              jsxAttr.value?.type === 'JSXExpressionContainer' &&
+              jsxAttr.value.expression.type === 'BooleanLiteral' &&
+              jsxAttr.value.expression.value === false
+            ) {
+              // If isUnderlined is set to false, remove the attribute
+              path.node.attributes?.splice(index, 1);
+            }
+          }
+        });
+      }
+    });
+  }
+
+  return root.toSource();
+};
+
+export default transform;