diff --git a/crates/engine/src/analysis/roto.rs b/crates/engine/src/analysis/roto.rs
index 3fe049e20..16cbb08cd 100644
--- a/crates/engine/src/analysis/roto.rs
+++ b/crates/engine/src/analysis/roto.rs
@@ -219,7 +219,15 @@ fn fnv(s: &str) -> u64 {
 /// What the effect's input frames are made of: the layer's source and timing, its masks and the
 /// effects above the Roto Brush.
 pub fn input_key(p: &Project, comp: ItemId, layer: &Layer, uid: Uid) -> String {
-    let mut s = crate::warp::signature(p, comp, layer);
+    input_key_with_signature(crate::warp::signature(p, comp, layer), layer, uid)
+}
+
+pub(crate) fn input_key_before_placed_page(p: &Project, comp: ItemId, layer: &Layer, uid: Uid) -> Option<String> {
+    let signature = crate::warp::signature_before_placed_page(p, comp, layer)?;
+    Some(input_key_with_signature(signature, layer, uid))
+}
+
+fn input_key_with_signature(mut s: String, layer: &Layer, uid: Uid) -> String {
     if let Some(m) = layer.masks() {
         s.push_str(&format!("{m:?}"));
     }
@@ -247,7 +255,9 @@ pub(crate) fn sync(before: &Project, after: &mut Project) -> Vec<(ItemId, LayerI
             for g in fxg.groups().filter(|g| is_roto(g) || is_object_matte(g)) {
                 let key = input_key(after, *cid, l, g.uid);
                 let old = before.comp(*cid).and_then(|bc| bc.layer(l.id)).and_then(|ol| ol.props.find_group(g.uid));
-                if str_of(g, INPUT_KEY) != key {
+                let saved_key = str_of(g, INPUT_KEY);
+                // Keep a matching old key: the frozen cache itself also hashes that key.
+                if saved_key != key && input_key_before_placed_page(after, *cid, l, g.uid).as_deref() != Some(saved_key.as_str()) {
                     set.push((*cid, l.id, g.uid, key));
                     todo.push((*cid, l.id, g.uid));
                 } else if old.is_none_or(|o| guard_of(o) != guard_of(g)) {
diff --git a/crates/engine/src/analysis/warp.rs b/crates/engine/src/analysis/warp.rs
index 71ee45ee6..0ab576d2c 100644
--- a/crates/engine/src/analysis/warp.rs
+++ b/crates/engine/src/analysis/warp.rs
@@ -119,6 +119,20 @@ pub fn signature(p: &Project, comp: ItemId, layer: &Layer) -> String {
         },
         _ => String::new(),
     };
+    signature_with_source(p, comp, layer, &src)
+}
+
+/// Before `Footage::placed_page` was added in 0.23, the persisted signature hashed the
+/// same Debug representation without that last field. Only ordinary footage can match it.
+pub(crate) fn signature_before_placed_page(p: &Project, comp: ItemId, layer: &Layer) -> Option<String> {
+    let LayerSource::Footage { item } = &layer.source else { return None };
+    let ItemKind::Footage(footage) = &p.item(*item)?.kind else { return None };
+    let src = format!("{footage:?}");
+    let old = src.strip_suffix(", placed_page: false }")?;
+    Some(signature_with_source(p, comp, layer, &format!("{old} }}")))
+}
+
+fn signature_with_source(p: &Project, comp: ItemId, layer: &Layer, src: &str) -> String {
     let rate = p.comp(comp).map(|c| format!("{:?}", c.frame_rate)).unwrap_or_default();
     let s = format!(
         "{:?}|{src}|{:?}|{:?}|{:?}|{}|{:?}|{rate}",
diff --git a/crates/engine/src/tests/roto.rs b/crates/engine/src/tests/roto.rs
index 99c155265..8fc8fb479 100644
--- a/crates/engine/src/tests/roto.rs
+++ b/crates/engine/src/tests/roto.rs
@@ -603,6 +603,47 @@ fn object_matte_background_job_cancel_and_freeze() {
     assert_eq!(status(&mut s)["frozen"], true);
 }
 
+/// A queue edit preserves a frozen matte made before the footage signature gained placed_page.
+#[test]
+fn render_queue_keeps_frozen_object_matte_with_legacy_footage_key() {
+    use effectcraft_effects::{object_matte, roto::{FROZEN, FrozenCache, INPUT_KEY}};
+    use effectcraft_keyframe::Value::Str;
+    use std::sync::Arc;
+
+    hold_roto_cache_test_lock();
+    let (mut s, clip, _) = setup(|f| draw(center(f)));
+    let cid = s.active_comp_id().unwrap();
+    let r = s.execute_checked("objectMatte.apply", json!({"layer": clip.0, "point": center(0), "before": 0, "after": 2})).unwrap();
+    let uid = r["effect"].as_u64().unwrap();
+    s.execute_checked("objectMatte.freeze", json!({"layer": clip.0, "wait": true})).unwrap();
+
+    let layer = s.project.comp(cid).unwrap().layer(clip).unwrap();
+    let legacy = crate::roto::input_key_before_placed_page(&s.project, cid, layer, uid).unwrap();
+    assert_ne!(legacy, crate::roto::input_key(&s.project, cid, layer, uid));
+    let fps = s.project.comp(cid).unwrap().frame_rate.as_f64();
+    // Recreate the two keys serialized by 0.22, leaving the real frozen alpha data alone.
+    let p = Arc::make_mut(&mut s.project);
+    let g = p.comp_mut(cid).unwrap().layer_mut(clip).unwrap().props.find_group_mut(uid).unwrap();
+    g.get_mut(INPUT_KEY).unwrap().value = Str(legacy.clone());
+    let params = crate::roto::params_static(g);
+    let Some(Str(value)) = params.get(FROZEN) else { panic!("missing frozen matte") };
+    let mut frozen: FrozenCache = serde_json::from_str(value).unwrap();
+    assert_eq!(frozen.frames.len(), 3);
+    frozen.key = object_matte::frozen_key(&params, [f64::from(W), f64::from(H)], fps, None);
+    let saved = Str(serde_json::to_string(&frozen).unwrap());
+    g.get_mut(FROZEN).unwrap().value = saved.clone();
+
+    s.execute_checked("renderQueue.add", json!({"comp": cid.0, "format": "png", "output": "matte.png"})).unwrap();
+    let params = |s: &Session| {
+        crate::roto::params_static(s.project.comp(cid).unwrap().layer(clip).unwrap().props.find_group(uid).unwrap())
+    };
+    assert_eq!(params(&s).get(INPUT_KEY), Some(&Str(legacy)));
+    assert_eq!(params(&s).get(FROZEN), Some(&saved));
+
+    s.execute_checked("layer.timing", json!({"layer": clip.0, "out": 0.5})).unwrap();
+    assert_eq!(params(&s).get(FROZEN), Some(&Str(String::new())));
+}
+
 /// Computed Object Matte segmentations go to the persistent disk cache: a second session on the
 /// same folder and project gets them back without segmenting (its frames cannot even be read
 /// here), and another prompt (other keys) finds nothing.