diff --git a/.chloggen/codeboten_create-settings-extension.yaml b/.chloggen/codeboten_create-settings-extension.yaml
new file mode 100644
index 00000000000..e882d026ab1
--- /dev/null
+++ b/.chloggen/codeboten_create-settings-extension.yaml
@@ -0,0 +1,28 @@
+# Use this changelog template to create an entry for release notes.
+
+# One of 'breaking', 'deprecation', 'new_component', 'enhancement', 'bug_fix'
+change_type: deprecation
+
+# The name of the component, or a single word describing the area of concern, (e.g. otlpreceiver)
+component: extension
+
+# A brief description of the change.  Surround your text with quotes ("") if it needs to start with a backtick (`).
+note: Deprecate CreateSettings and NewNopCreateSettings
+
+# One or more tracking issues or pull requests related to the change
+issues: [9428]
+
+# (Optional) One or more lines of additional information to render under the primary note.
+# These lines will be padded with 2 spaces and then inserted directly into the document.
+# Use pipe (|) for multiline entries.
+subtext: |
+  The following methods are being renamed:
+  - extension.CreateSettings -> extension.Settings
+  - extension.NewNopCreateSettings -> extension.NewNopSettings
+
+# Optional: The change log or logs in which this entry should be included.
+# e.g. '[user]' or '[user, api]'
+# Include 'user' if the change is relevant to end users.
+# Include 'api' if there is a change to a library API.
+# Default: '[user]'
+change_logs: [api]
diff --git a/cmd/mdatagen/templates/component_telemetry_test.go.tmpl b/cmd/mdatagen/templates/component_telemetry_test.go.tmpl
index 5ee950c270f..33372616141 100644
--- a/cmd/mdatagen/templates/component_telemetry_test.go.tmpl
+++ b/cmd/mdatagen/templates/component_telemetry_test.go.tmpl
@@ -21,7 +21,6 @@ type componentTestTelemetry struct {
 	meterProvider *sdkmetric.MeterProvider
 }
 
-{{- if (or isExporter isReceiver isProcessor isConnector) }}
 func (tt *componentTestTelemetry) NewSettings() {{ .Status.Class }}.Settings {
 	settings := {{ .Status.Class }}test.NewNopSettings()
 	settings.MeterProvider = tt.meterProvider
@@ -30,16 +29,6 @@ func (tt *componentTestTelemetry) NewSettings() {{ .Status.Class }}.Settings {
 	return settings
 }
 
-{{ else }}
-func (tt *componentTestTelemetry) NewCreateSettings() {{ .Status.Class }}.CreateSettings {
-	settings := {{ .Status.Class }}test.NewNopCreateSettings()
-	settings.MeterProvider = tt.meterProvider
-	settings.ID = component.NewID(component.MustNewType("{{ .Type }}"))
-
-	return settings
-}
-
-{{ end }}
 func setupTestTelemetry() componentTestTelemetry {
 	reader := sdkmetric.NewManualReader()
 	return componentTestTelemetry{
diff --git a/cmd/mdatagen/templates/component_test.go.tmpl b/cmd/mdatagen/templates/component_test.go.tmpl
index 45106fe65d4..45deb99e545 100644
--- a/cmd/mdatagen/templates/component_test.go.tmpl
+++ b/cmd/mdatagen/templates/component_test.go.tmpl
@@ -337,7 +337,7 @@ func TestComponentLifecycle(t *testing.T) {
 
 	{{- if not .Tests.SkipShutdown }}
 	t.Run("shutdown", func(t *testing.T) {
-		e, err := factory.CreateExtension(context.Background(), extensiontest.NewNopCreateSettings(), cfg)
+		e, err := factory.CreateExtension(context.Background(), extensiontest.NewNopSettings(), cfg)
 		require.NoError(t, err)
 		err = e.Shutdown(context.Background())
 		require.NoError(t, err)
@@ -346,12 +346,12 @@ func TestComponentLifecycle(t *testing.T) {
 
 	{{- if not .Tests.SkipLifecycle }}
 	t.Run("lifecycle", func(t *testing.T) {
-		firstExt, err := factory.CreateExtension(context.Background(), extensiontest.NewNopCreateSettings(), cfg)
+		firstExt, err := factory.CreateExtension(context.Background(), extensiontest.NewNopSettings(), cfg)
 		require.NoError(t, err)
 		require.NoError(t, firstExt.Start(context.Background(), componenttest.NewNopHost()))
 		require.NoError(t, firstExt.Shutdown(context.Background()))
 
-		secondExt, err := factory.CreateExtension(context.Background(), extensiontest.NewNopCreateSettings(), cfg)
+		secondExt, err := factory.CreateExtension(context.Background(), extensiontest.NewNopSettings(), cfg)
 		require.NoError(t, err)
 		require.NoError(t, secondExt.Start(context.Background(), componenttest.NewNopHost()))
 		require.NoError(t, secondExt.Shutdown(context.Background()))
diff --git a/exporter/internal/queue/persistent_queue_test.go b/exporter/internal/queue/persistent_queue_test.go
index ee3bc7b7c5f..f226e35c430 100644
--- a/exporter/internal/queue/persistent_queue_test.go
+++ b/exporter/internal/queue/persistent_queue_test.go
@@ -324,7 +324,7 @@ func TestInvalidStorageExtensionType(t *testing.T) {
 	// make a test extension
 	factory := extensiontest.NewNopFactory()
 	extConfig := factory.CreateDefaultConfig()
-	settings := extensiontest.NewNopCreateSettings()
+	settings := extensiontest.NewNopSettings()
 	extension, err := factory.CreateExtension(context.Background(), settings, extConfig)
 	assert.NoError(t, err)
 	var extensions = map[component.ID]component.Component{
diff --git a/extension/ballastextension/factory.go b/extension/ballastextension/factory.go
index b1742d9081b..730950da7d4 100644
--- a/extension/ballastextension/factory.go
+++ b/extension/ballastextension/factory.go
@@ -26,6 +26,6 @@ func createDefaultConfig() component.Config {
 	return &Config{}
 }
 
-func createExtension(_ context.Context, set extension.CreateSettings, cfg component.Config) (extension.Extension, error) {
+func createExtension(_ context.Context, set extension.Settings, cfg component.Config) (extension.Extension, error) {
 	return newMemoryBallast(cfg.(*Config), set.TelemetrySettings.Logger, memHandler), nil
 }
diff --git a/extension/ballastextension/factory_test.go b/extension/ballastextension/factory_test.go
index 810d093cd86..0c9e91f8224 100644
--- a/extension/ballastextension/factory_test.go
+++ b/extension/ballastextension/factory_test.go
@@ -19,14 +19,14 @@ func TestFactory_CreateDefaultConfig(t *testing.T) {
 	assert.Equal(t, &Config{}, cfg)
 
 	assert.NoError(t, componenttest.CheckConfigStruct(cfg))
-	ext, err := createExtension(context.Background(), extensiontest.NewNopCreateSettings(), cfg)
+	ext, err := createExtension(context.Background(), extensiontest.NewNopSettings(), cfg)
 	require.NoError(t, err)
 	require.NotNil(t, ext)
 }
 
 func TestFactory_CreateExtension(t *testing.T) {
 	cfg := createDefaultConfig().(*Config)
-	ext, err := createExtension(context.Background(), extensiontest.NewNopCreateSettings(), cfg)
+	ext, err := createExtension(context.Background(), extensiontest.NewNopSettings(), cfg)
 	require.NoError(t, err)
 	require.NotNil(t, ext)
 }
diff --git a/extension/ballastextension/generated_component_test.go b/extension/ballastextension/generated_component_test.go
index 2e685378c41..d70b7d0498d 100644
--- a/extension/ballastextension/generated_component_test.go
+++ b/extension/ballastextension/generated_component_test.go
@@ -31,18 +31,18 @@ func TestComponentLifecycle(t *testing.T) {
 	require.NoError(t, err)
 	require.NoError(t, sub.Unmarshal(&cfg))
 	t.Run("shutdown", func(t *testing.T) {
-		e, err := factory.CreateExtension(context.Background(), extensiontest.NewNopCreateSettings(), cfg)
+		e, err := factory.CreateExtension(context.Background(), extensiontest.NewNopSettings(), cfg)
 		require.NoError(t, err)
 		err = e.Shutdown(context.Background())
 		require.NoError(t, err)
 	})
 	t.Run("lifecycle", func(t *testing.T) {
-		firstExt, err := factory.CreateExtension(context.Background(), extensiontest.NewNopCreateSettings(), cfg)
+		firstExt, err := factory.CreateExtension(context.Background(), extensiontest.NewNopSettings(), cfg)
 		require.NoError(t, err)
 		require.NoError(t, firstExt.Start(context.Background(), componenttest.NewNopHost()))
 		require.NoError(t, firstExt.Shutdown(context.Background()))
 
-		secondExt, err := factory.CreateExtension(context.Background(), extensiontest.NewNopCreateSettings(), cfg)
+		secondExt, err := factory.CreateExtension(context.Background(), extensiontest.NewNopSettings(), cfg)
 		require.NoError(t, err)
 		require.NoError(t, secondExt.Start(context.Background(), componenttest.NewNopHost()))
 		require.NoError(t, secondExt.Shutdown(context.Background()))
diff --git a/extension/extension.go b/extension/extension.go
index 292358b33ba..8ee61a422cc 100644
--- a/extension/extension.go
+++ b/extension/extension.go
@@ -63,7 +63,12 @@ type StatusWatcher interface {
 }
 
 // CreateSettings is passed to Factory.Create(...) function.
-type CreateSettings struct {
+//
+// Deprecated: [v0.103.0] Use extension.Settings instead.
+type CreateSettings = Settings
+
+// Settings is passed to Factory.Create(...) function.
+type Settings struct {
 	// ID returns the ID of the component that will be created.
 	ID component.ID
 
@@ -74,10 +79,10 @@ type CreateSettings struct {
 }
 
 // CreateFunc is the equivalent of Factory.Create(...) function.
-type CreateFunc func(context.Context, CreateSettings, component.Config) (Extension, error)
+type CreateFunc func(context.Context, Settings, component.Config) (Extension, error)
 
 // CreateExtension implements Factory.Create.
-func (f CreateFunc) CreateExtension(ctx context.Context, set CreateSettings, cfg component.Config) (Extension, error) {
+func (f CreateFunc) CreateExtension(ctx context.Context, set Settings, cfg component.Config) (Extension, error) {
 	return f(ctx, set, cfg)
 }
 
@@ -85,7 +90,7 @@ type Factory interface {
 	component.Factory
 
 	// CreateExtension creates an extension based on the given config.
-	CreateExtension(ctx context.Context, set CreateSettings, cfg component.Config) (Extension, error)
+	CreateExtension(ctx context.Context, set Settings, cfg component.Config) (Extension, error)
 
 	// ExtensionStability gets the stability level of the Extension.
 	ExtensionStability() component.StabilityLevel
@@ -149,7 +154,7 @@ func NewBuilder(cfgs map[component.ID]component.Config, factories map[component.
 }
 
 // Create creates an extension based on the settings and configs available.
-func (b *Builder) Create(ctx context.Context, set CreateSettings) (Extension, error) {
+func (b *Builder) Create(ctx context.Context, set Settings) (Extension, error) {
 	cfg, existsCfg := b.cfgs[set.ID]
 	if !existsCfg {
 		return nil, fmt.Errorf("extension %q is not configured", set.ID)
diff --git a/extension/extension_test.go b/extension/extension_test.go
index d3dbf80c8c3..3c4b2968667 100644
--- a/extension/extension_test.go
+++ b/extension/extension_test.go
@@ -17,7 +17,7 @@ import (
 type nopExtension struct {
 	component.StartFunc
 	component.ShutdownFunc
-	CreateSettings
+	Settings
 }
 
 func TestNewFactory(t *testing.T) {
@@ -28,7 +28,7 @@ func TestNewFactory(t *testing.T) {
 	factory := NewFactory(
 		testType,
 		func() component.Config { return &defaultCfg },
-		func(context.Context, CreateSettings, component.Config) (Extension, error) {
+		func(context.Context, Settings, component.Config) (Extension, error) {
 			return nopExtensionInstance, nil
 		},
 		component.StabilityLevelDevelopment)
@@ -36,7 +36,7 @@ func TestNewFactory(t *testing.T) {
 	assert.EqualValues(t, &defaultCfg, factory.CreateDefaultConfig())
 
 	assert.Equal(t, component.StabilityLevelDevelopment, factory.ExtensionStability())
-	ext, err := factory.CreateExtension(context.Background(), CreateSettings{}, &defaultCfg)
+	ext, err := factory.CreateExtension(context.Background(), Settings{}, &defaultCfg)
 	assert.NoError(t, err)
 	assert.Same(t, nopExtensionInstance, ext)
 }
@@ -88,8 +88,8 @@ func TestBuilder(t *testing.T) {
 		NewFactory(
 			testType,
 			func() component.Config { return &defaultCfg },
-			func(_ context.Context, settings CreateSettings, _ component.Config) (Extension, error) {
-				return nopExtension{CreateSettings: settings}, nil
+			func(_ context.Context, settings Settings, _ component.Config) (Extension, error) {
+				return nopExtension{Settings: settings}, nil
 			},
 			component.StabilityLevelDevelopment),
 	}...)
@@ -105,7 +105,7 @@ func TestBuilder(t *testing.T) {
 	// Check that the extension has access to the resource attributes.
 	nop, ok := e.(nopExtension)
 	assert.True(t, ok)
-	assert.Equal(t, nop.CreateSettings.Resource.Attributes().Len(), 0)
+	assert.Equal(t, nop.Settings.Resource.Attributes().Len(), 0)
 
 	missingType, err := b.Create(context.Background(), createSettings(unknownID))
 	assert.EqualError(t, err, "extension factory not available for: \"unknown\"")
@@ -127,8 +127,8 @@ func TestBuilderFactory(t *testing.T) {
 	assert.Nil(t, b.Factory(component.MustNewID("bar").Type()))
 }
 
-func createSettings(id component.ID) CreateSettings {
-	return CreateSettings{
+func createSettings(id component.ID) Settings {
+	return Settings{
 		ID:                id,
 		TelemetrySettings: componenttest.NewNopTelemetrySettings(),
 		BuildInfo:         component.NewDefaultBuildInfo(),
diff --git a/extension/extensiontest/nop_extension.go b/extension/extensiontest/nop_extension.go
index 134eee042a7..9378e6024bd 100644
--- a/extension/extensiontest/nop_extension.go
+++ b/extension/extensiontest/nop_extension.go
@@ -16,8 +16,15 @@ import (
 var nopType = component.MustNewType("nop")
 
 // NewNopCreateSettings returns a new nop settings for extension.Factory Create* functions.
-func NewNopCreateSettings() extension.CreateSettings {
-	return extension.CreateSettings{
+//
+// Deprecated: [v0.103.0] Use extensiontest.NewNopSettings instead.
+func NewNopCreateSettings() extension.Settings {
+	return NewNopSettings()
+}
+
+// NewNopSettings returns a new nop settings for extension.Factory Create* functions.
+func NewNopSettings() extension.Settings {
+	return extension.Settings{
 		ID:                component.NewIDWithName(nopType, uuid.NewString()),
 		TelemetrySettings: componenttest.NewNopTelemetrySettings(),
 		BuildInfo:         component.NewDefaultBuildInfo(),
@@ -31,7 +38,7 @@ func NewNopFactory() extension.Factory {
 		func() component.Config {
 			return &nopConfig{}
 		},
-		func(context.Context, extension.CreateSettings, component.Config) (extension.Extension, error) {
+		func(context.Context, extension.Settings, component.Config) (extension.Extension, error) {
 			return nopInstance, nil
 		},
 		component.StabilityLevelStable)
diff --git a/extension/extensiontest/nop_extension_test.go b/extension/extensiontest/nop_extension_test.go
index 7ebda6195ae..6daa4331f47 100644
--- a/extension/extensiontest/nop_extension_test.go
+++ b/extension/extensiontest/nop_extension_test.go
@@ -21,7 +21,7 @@ func TestNewNopFactory(t *testing.T) {
 	cfg := factory.CreateDefaultConfig()
 	assert.Equal(t, &nopConfig{}, cfg)
 
-	traces, err := factory.CreateExtension(context.Background(), NewNopCreateSettings(), cfg)
+	traces, err := factory.CreateExtension(context.Background(), NewNopSettings(), cfg)
 	require.NoError(t, err)
 	assert.NoError(t, traces.Start(context.Background(), componenttest.NewNopHost()))
 	assert.NoError(t, traces.Shutdown(context.Background()))
@@ -33,7 +33,7 @@ func TestNewNopBuilder(t *testing.T) {
 
 	factory := NewNopFactory()
 	cfg := factory.CreateDefaultConfig()
-	set := NewNopCreateSettings()
+	set := NewNopSettings()
 	set.ID = component.NewID(nopType)
 
 	ext, err := factory.CreateExtension(context.Background(), set, cfg)
diff --git a/extension/extensiontest/statuswatcher_extension.go b/extension/extensiontest/statuswatcher_extension.go
index eee0db94165..a4d78f9033e 100644
--- a/extension/extensiontest/statuswatcher_extension.go
+++ b/extension/extensiontest/statuswatcher_extension.go
@@ -12,8 +12,8 @@ import (
 )
 
 // NewStatusWatcherExtensionCreateSettings returns a new nop settings for Create*Extension functions.
-func NewStatusWatcherExtensionCreateSettings() extension.CreateSettings {
-	return extension.CreateSettings{
+func NewStatusWatcherExtensionCreateSettings() extension.Settings {
+	return extension.Settings{
 		TelemetrySettings: componenttest.NewNopTelemetrySettings(),
 		BuildInfo:         component.NewDefaultBuildInfo(),
 	}
@@ -28,7 +28,7 @@ func NewStatusWatcherExtensionFactory(
 		func() component.Config {
 			return &struct{}{}
 		},
-		func(context.Context, extension.CreateSettings, component.Config) (component.Component, error) {
+		func(context.Context, extension.Settings, component.Config) (component.Component, error) {
 			return &statusWatcherExtension{onStatusChanged: onStatusChanged}, nil
 		},
 		component.StabilityLevelStable)
diff --git a/extension/memorylimiterextension/factory.go b/extension/memorylimiterextension/factory.go
index 55b8efec5ea..b253e619483 100644
--- a/extension/memorylimiterextension/factory.go
+++ b/extension/memorylimiterextension/factory.go
@@ -28,6 +28,6 @@ func createDefaultConfig() component.Config {
 	return &Config{}
 }
 
-func createExtension(_ context.Context, set extension.CreateSettings, cfg component.Config) (extension.Extension, error) {
+func createExtension(_ context.Context, set extension.Settings, cfg component.Config) (extension.Extension, error) {
 	return newMemoryLimiter(cfg.(*Config), set.TelemetrySettings.Logger)
 }
diff --git a/extension/memorylimiterextension/factory_test.go b/extension/memorylimiterextension/factory_test.go
index 21bae72ee6d..45bd06675aa 100644
--- a/extension/memorylimiterextension/factory_test.go
+++ b/extension/memorylimiterextension/factory_test.go
@@ -37,7 +37,7 @@ func TestCreateExtension(t *testing.T) {
 	pCfg.MemorySpikeLimitMiB = 1907
 	pCfg.CheckInterval = 100 * time.Millisecond
 
-	tp, err := factory.CreateExtension(context.Background(), extensiontest.NewNopCreateSettings(), cfg)
+	tp, err := factory.CreateExtension(context.Background(), extensiontest.NewNopSettings(), cfg)
 	assert.NoError(t, err)
 	assert.NotNil(t, tp)
 	// test if we can shutdown a monitoring routine that has not started
diff --git a/extension/memorylimiterextension/generated_component_test.go b/extension/memorylimiterextension/generated_component_test.go
index b410b246b94..51b6002e0a8 100644
--- a/extension/memorylimiterextension/generated_component_test.go
+++ b/extension/memorylimiterextension/generated_component_test.go
@@ -31,12 +31,12 @@ func TestComponentLifecycle(t *testing.T) {
 	require.NoError(t, err)
 	require.NoError(t, sub.Unmarshal(&cfg))
 	t.Run("lifecycle", func(t *testing.T) {
-		firstExt, err := factory.CreateExtension(context.Background(), extensiontest.NewNopCreateSettings(), cfg)
+		firstExt, err := factory.CreateExtension(context.Background(), extensiontest.NewNopSettings(), cfg)
 		require.NoError(t, err)
 		require.NoError(t, firstExt.Start(context.Background(), componenttest.NewNopHost()))
 		require.NoError(t, firstExt.Shutdown(context.Background()))
 
-		secondExt, err := factory.CreateExtension(context.Background(), extensiontest.NewNopCreateSettings(), cfg)
+		secondExt, err := factory.CreateExtension(context.Background(), extensiontest.NewNopSettings(), cfg)
 		require.NoError(t, err)
 		require.NoError(t, secondExt.Start(context.Background(), componenttest.NewNopHost()))
 		require.NoError(t, secondExt.Shutdown(context.Background()))
diff --git a/extension/zpagesextension/factory.go b/extension/zpagesextension/factory.go
index ecb94cc0f97..dd6dda58645 100644
--- a/extension/zpagesextension/factory.go
+++ b/extension/zpagesextension/factory.go
@@ -30,6 +30,6 @@ func createDefaultConfig() component.Config {
 }
 
 // createExtension creates the extension based on this config.
-func createExtension(_ context.Context, set extension.CreateSettings, cfg component.Config) (extension.Extension, error) {
+func createExtension(_ context.Context, set extension.Settings, cfg component.Config) (extension.Extension, error) {
 	return newServer(cfg.(*Config), set.TelemetrySettings), nil
 }
diff --git a/extension/zpagesextension/factory_test.go b/extension/zpagesextension/factory_test.go
index fc1bcc512a1..ba36df32175 100644
--- a/extension/zpagesextension/factory_test.go
+++ b/extension/zpagesextension/factory_test.go
@@ -26,7 +26,7 @@ func TestFactory_CreateDefaultConfig(t *testing.T) {
 		cfg)
 
 	assert.NoError(t, componenttest.CheckConfigStruct(cfg))
-	ext, err := createExtension(context.Background(), extensiontest.NewNopCreateSettings(), cfg)
+	ext, err := createExtension(context.Background(), extensiontest.NewNopSettings(), cfg)
 	require.NoError(t, err)
 	require.NotNil(t, ext)
 }
@@ -35,7 +35,7 @@ func TestFactory_CreateExtension(t *testing.T) {
 	cfg := createDefaultConfig().(*Config)
 	cfg.TCPAddr.Endpoint = testutil.GetAvailableLocalAddress(t)
 
-	ext, err := createExtension(context.Background(), extensiontest.NewNopCreateSettings(), cfg)
+	ext, err := createExtension(context.Background(), extensiontest.NewNopSettings(), cfg)
 	require.NoError(t, err)
 	require.NotNil(t, ext)
 }
diff --git a/extension/zpagesextension/generated_component_test.go b/extension/zpagesextension/generated_component_test.go
index 8caba7a6d95..fba4d348c4b 100644
--- a/extension/zpagesextension/generated_component_test.go
+++ b/extension/zpagesextension/generated_component_test.go
@@ -31,18 +31,18 @@ func TestComponentLifecycle(t *testing.T) {
 	require.NoError(t, err)
 	require.NoError(t, sub.Unmarshal(&cfg))
 	t.Run("shutdown", func(t *testing.T) {
-		e, err := factory.CreateExtension(context.Background(), extensiontest.NewNopCreateSettings(), cfg)
+		e, err := factory.CreateExtension(context.Background(), extensiontest.NewNopSettings(), cfg)
 		require.NoError(t, err)
 		err = e.Shutdown(context.Background())
 		require.NoError(t, err)
 	})
 	t.Run("lifecycle", func(t *testing.T) {
-		firstExt, err := factory.CreateExtension(context.Background(), extensiontest.NewNopCreateSettings(), cfg)
+		firstExt, err := factory.CreateExtension(context.Background(), extensiontest.NewNopSettings(), cfg)
 		require.NoError(t, err)
 		require.NoError(t, firstExt.Start(context.Background(), componenttest.NewNopHost()))
 		require.NoError(t, firstExt.Shutdown(context.Background()))
 
-		secondExt, err := factory.CreateExtension(context.Background(), extensiontest.NewNopCreateSettings(), cfg)
+		secondExt, err := factory.CreateExtension(context.Background(), extensiontest.NewNopSettings(), cfg)
 		require.NoError(t, err)
 		require.NoError(t, secondExt.Start(context.Background(), componenttest.NewNopHost()))
 		require.NoError(t, secondExt.Shutdown(context.Background()))
diff --git a/service/extensions/extensions.go b/service/extensions/extensions.go
index e05c5aa01f0..c8f632965ca 100644
--- a/service/extensions/extensions.go
+++ b/service/extensions/extensions.go
@@ -183,7 +183,7 @@ func New(ctx context.Context, set Settings, cfg Config) (*Extensions, error) {
 			ID:   extID,
 			Kind: component.KindExtension,
 		}
-		extSet := extension.CreateSettings{
+		extSet := extension.Settings{
 			ID:                extID,
 			TelemetrySettings: set.Telemetry.ToComponentTelemetrySettings(instanceID),
 			BuildInfo:         set.BuildInfo,
diff --git a/service/extensions/extensions_test.go b/service/extensions/extensions_test.go
index d447582bd54..d519132d3f3 100644
--- a/service/extensions/extensions_test.go
+++ b/service/extensions/extensions_test.go
@@ -158,10 +158,10 @@ func (tc testOrderCase) testOrdering(t *testing.T) {
 	var startOrder []string
 	var shutdownOrder []string
 
-	recordingExtensionFactory := newRecordingExtensionFactory(func(set extension.CreateSettings, _ component.Host) error {
+	recordingExtensionFactory := newRecordingExtensionFactory(func(set extension.Settings, _ component.Host) error {
 		startOrder = append(startOrder, set.ID.String())
 		return nil
-	}, func(set extension.CreateSettings) error {
+	}, func(set extension.Settings) error {
 		shutdownOrder = append(shutdownOrder, set.ID.String())
 		return nil
 	})
@@ -326,7 +326,7 @@ func newConfigWatcherExtensionFactory(name component.Type, fn func() error) exte
 		func() component.Config {
 			return &struct{}{}
 		},
-		func(context.Context, extension.CreateSettings, component.Config) (extension.Extension, error) {
+		func(context.Context, extension.Settings, component.Config) (extension.Extension, error) {
 			return newConfigWatcherExtension(fn), nil
 		},
 		component.StabilityLevelDevelopment,
@@ -339,7 +339,7 @@ func newBadExtensionFactory() extension.Factory {
 		func() component.Config {
 			return &struct{}{}
 		},
-		func(context.Context, extension.CreateSettings, component.Config) (extension.Extension, error) {
+		func(context.Context, extension.Settings, component.Config) (extension.Extension, error) {
 			return nil, nil
 		},
 		component.StabilityLevelDevelopment,
@@ -352,7 +352,7 @@ func newCreateErrorExtensionFactory() extension.Factory {
 		func() component.Config {
 			return &struct{}{}
 		},
-		func(context.Context, extension.CreateSettings, component.Config) (extension.Extension, error) {
+		func(context.Context, extension.Settings, component.Config) (extension.Extension, error) {
 			return nil, errors.New("cannot create \"err\" extension type")
 		},
 		component.StabilityLevelDevelopment,
@@ -476,20 +476,20 @@ func newStatusTestExtensionFactory(name component.Type, startErr, shutdownErr er
 		func() component.Config {
 			return &struct{}{}
 		},
-		func(context.Context, extension.CreateSettings, component.Config) (extension.Extension, error) {
+		func(context.Context, extension.Settings, component.Config) (extension.Extension, error) {
 			return newStatusTestExtension(startErr, shutdownErr), nil
 		},
 		component.StabilityLevelDevelopment,
 	)
 }
 
-func newRecordingExtensionFactory(startCallback func(set extension.CreateSettings, host component.Host) error, shutdownCallback func(set extension.CreateSettings) error) extension.Factory {
+func newRecordingExtensionFactory(startCallback func(set extension.Settings, host component.Host) error, shutdownCallback func(set extension.Settings) error) extension.Factory {
 	return extension.NewFactory(
 		component.MustNewType("recording"),
 		func() component.Config {
 			return &recordingExtensionConfig{}
 		},
-		func(_ context.Context, set extension.CreateSettings, cfg component.Config) (extension.Extension, error) {
+		func(_ context.Context, set extension.Settings, cfg component.Config) (extension.Extension, error) {
 			return &recordingExtension{
 				config:           cfg.(recordingExtensionConfig),
 				createSettings:   set,
@@ -507,9 +507,9 @@ type recordingExtensionConfig struct {
 
 type recordingExtension struct {
 	config           recordingExtensionConfig
-	startCallback    func(set extension.CreateSettings, host component.Host) error
-	shutdownCallback func(set extension.CreateSettings) error
-	createSettings   extension.CreateSettings
+	startCallback    func(set extension.Settings, host component.Host) error
+	shutdownCallback func(set extension.Settings) error
+	createSettings   extension.Settings
 }
 
 var _ extension.Dependent = (*recordingExtension)(nil)
diff --git a/service/service_test.go b/service/service_test.go
index f8c0ad4dc4f..f708a82fb0d 100644
--- a/service/service_test.go
+++ b/service/service_test.go
@@ -599,7 +599,7 @@ func newConfigWatcherExtensionFactory(name component.Type) extension.Factory {
 		func() component.Config {
 			return &struct{}{}
 		},
-		func(context.Context, extension.CreateSettings, component.Config) (extension.Extension, error) {
+		func(context.Context, extension.Settings, component.Config) (extension.Extension, error) {
 			return &configWatcherExtension{}, nil
 		},
 		component.StabilityLevelDevelopment,