diff --git a/changelog.d/20241014_101918_mathias.millet_handle_excluded_policy_breaks.md b/changelog.d/20241014_101918_mathias.millet_handle_excluded_policy_breaks.md
new file mode 100644
index 00000000..28fc6ccd
--- /dev/null
+++ b/changelog.d/20241014_101918_mathias.millet_handle_excluded_policy_breaks.md
@@ -0,0 +1,43 @@
+<!--
+A new scriv changelog fragment.
+
+Uncomment the section that is right (remove the HTML comment wrapper).
+-->
+
+<!--
+### Removed
+
+- A bullet item for the Removed category.
+
+-->
+<!--
+### Added
+
+- A bullet item for the Added category.
+
+-->
+<!--
+### Changed
+
+- A bullet item for the Changed category.
+
+-->
+- Handles `is_excluded` and `exclude_reason` fields in `PolicyBreak`
+<!--
+### Deprecated
+
+- A bullet item for the Deprecated category.
+
+-->
+<!--
+### Fixed
+
+- A bullet item for the Fixed category.
+
+-->
+<!--
+### Security
+
+- A bullet item for the Security category.
+
+-->
diff --git a/pygitguardian/models.py b/pygitguardian/models.py
index 9e3b53ae..ac447205 100644
--- a/pygitguardian/models.py
+++ b/pygitguardian/models.py
@@ -262,6 +262,8 @@ class PolicyBreakSchema(BaseSchema):
     known_secret = fields.Boolean(required=False, load_default=False, dump_default=None)
     incident_url = fields.String(required=False, load_default=None, dump_default=None)
     matches = fields.List(fields.Nested(MatchSchema), required=True)
+    is_excluded = fields.Boolean(required=False, load_default=False, dump_default=False)
+    exclude_reason = fields.String(required=False, load_default=None, dump_default=None)
 
     @post_load
     def make_policy_break(self, data: Dict[str, Any], **kwargs: Any) -> "PolicyBreak":
@@ -286,6 +288,8 @@ def __init__(
         matches: List[Match],
         known_secret: bool = False,
         incident_url: Optional[str] = None,
+        is_excluded: Optional[bool] = False,
+        exclude_reason: Optional[str] = None,
         **kwargs: Any,
     ) -> None:
         super().__init__()
@@ -295,6 +299,8 @@ def __init__(
         self.known_secret = known_secret
         self.incident_url = incident_url
         self.matches = matches
+        self.is_excluded = is_excluded
+        self.exclude_reason = exclude_reason
 
     @property
     def is_secret(self) -> bool:
diff --git a/tests/test_models.py b/tests/test_models.py
index 1c1acca9..dbddde79 100644
--- a/tests/test_models.py
+++ b/tests/test_models.py
@@ -111,6 +111,34 @@ def test_document_handle_surrogates(self):
                     "matches": [{"match": "hello", "type": "hello"}],
                 },
             ),
+            (
+                PolicyBreakSchema,
+                PolicyBreak,
+                {
+                    "type": "hello",
+                    "policy": "hello",
+                    "validity": "hey",
+                    "known_secret": True,
+                    "incident_url": "https://api.gitguardian.com/workspace/2/incidents/3",
+                    "matches": [{"match": "hello", "type": "hello"}],
+                    "is_excluded": True,
+                    "exclude_reason": "bad secret",
+                },
+            ),
+            (
+                PolicyBreakSchema,
+                PolicyBreak,
+                {
+                    "type": "hello",
+                    "policy": "hello",
+                    "validity": "hey",
+                    "known_secret": True,
+                    "incident_url": "https://api.gitguardian.com/workspace/2/incidents/3",
+                    "matches": [{"match": "hello", "type": "hello"}],
+                    "is_excluded": False,
+                    "exclude_reason": None,
+                },
+            ),
             (
                 QuotaSchema,
                 Quota,