diff --git a/flang/runtime/allocatable.cpp b/flang/runtime/allocatable.cpp
index 9a11ebf0d0b66..a7cc75b11feb7 100644
--- a/flang/runtime/allocatable.cpp
+++ b/flang/runtime/allocatable.cpp
@@ -94,6 +94,13 @@ void RTNAME(AllocatableApplyMold)(
   descriptor.set_base_addr(nullptr);
   descriptor.raw().attribute = CFI_attribute_allocatable;
   descriptor.raw().rank = rank;
+  if (auto *descAddendum{descriptor.Addendum()}) {
+    if (const auto *moldAddendum{mold.Addendum()}) {
+      if (const auto *derived{moldAddendum->derivedType()}) {
+        descAddendum->set_derivedType(derived);
+      }
+    }
+  }
 }
 
 int RTNAME(AllocatableAllocate)(Descriptor &descriptor, bool hasStat,
diff --git a/flang/runtime/pointer.cpp b/flang/runtime/pointer.cpp
index 83fbb583864cf..c5ea96f3ee01a 100644
--- a/flang/runtime/pointer.cpp
+++ b/flang/runtime/pointer.cpp
@@ -60,6 +60,13 @@ void RTNAME(PointerApplyMold)(
   pointer.set_base_addr(nullptr);
   pointer.raw().attribute = CFI_attribute_pointer;
   pointer.raw().rank = rank;
+  if (auto *pointerAddendum{pointer.Addendum()}) {
+    if (const auto *moldAddendum{mold.Addendum()}) {
+      if (const auto *derived{moldAddendum->derivedType()}) {
+        pointerAddendum->set_derivedType(derived);
+      }
+    }
+  }
 }
 
 void RTNAME(PointerAssociateScalar)(Descriptor &pointer, void *target) {