diff --git a/tools/cgroup/Makefile b/tools/cgroup/Makefile
index ffca068e4a76..86bd357a8f54 100644
--- a/tools/cgroup/Makefile
+++ b/tools/cgroup/Makefile
@@ -3,9 +3,9 @@
 
 CFLAGS = -Wall -Wextra
 
-all: cgroup_event_listener
+all: cgroup_event_listener cgroup_v2_event_listener
 %: %.c
 	$(CC) $(CFLAGS) -o $@ $^
 
 clean:
-	$(RM) cgroup_event_listener
+	$(RM) cgroup_event_listener cgroup_v2_event_listener
diff --git a/tools/cgroup/cgroup_v2_event_listener.c b/tools/cgroup/cgroup_v2_event_listener.c
new file mode 100644
index 000000000000..987261db5369
--- /dev/null
+++ b/tools/cgroup/cgroup_v2_event_listener.c
@@ -0,0 +1,330 @@
+// SPDX-License-Identifier: GPL-2.0
+/*
+ * cgroup_v2_event_listener.c - Simple listener of cgroup v2 memory.events
+ *
+ * Copyright (c) 2023, SaluteDevices. All Rights Reserved.
+ *
+ * Author: Dmitry Rokosov <ddrokosov@salutedevices.com>
+ */
+
+#include <err.h>
+#include <errno.h>
+#include <limits.h>
+#include <poll.h>
+#include <stdbool.h>
+#include <stdio.h>
+#include <stdlib.h>
+#include <string.h>
+#include <sys/inotify.h>
+#include <unistd.h>
+
+#define MEMCG_EVENTS "memory.events"
+
+/* Size of buffer to use when reading inotify events */
+#define INOTIFY_BUFFER_SIZE 8192
+
+#define INOTIFY_EVENT_NEXT(event, length) ({         \
+	(length) -= sizeof(*(event)) + (event)->len; \
+	(event)++;                                   \
+})
+
+#define INOTIFY_EVENT_OK(event, length) ((length) >= (ssize_t)sizeof(*(event)))
+
+#define ARRAY_SIZE(arr) (sizeof(arr) / sizeof(arr[0]))
+
+struct memcg_counters {
+	long low;
+	long high;
+	long max;
+	long oom;
+	long oom_kill;
+	long oom_group_kill;
+};
+
+struct memcg_events {
+	struct memcg_counters counters;
+	char path[PATH_MAX];
+	int inotify_fd;
+	int inotify_wd;
+};
+
+static void print_memcg_counters(const struct memcg_counters *counters)
+{
+	printf("MEMCG events:\n");
+	printf("\tlow: %ld\n", counters->low);
+	printf("\thigh: %ld\n", counters->high);
+	printf("\tmax: %ld\n", counters->max);
+	printf("\toom: %ld\n", counters->oom);
+	printf("\toom_kill: %ld\n", counters->oom_kill);
+	printf("\toom_group_kill: %ld\n", counters->oom_group_kill);
+}
+
+static int get_memcg_counter(char *line, const char *name, long *counter)
+{
+	size_t len = strlen(name);
+	char *endptr;
+	long tmp;
+
+	if (memcmp(line, name, len)) {
+		warnx("Counter line %s has wrong name, %s is expected",
+		      line, name);
+		return -EINVAL;
+	}
+
+	/* skip the whitespace delimiter */
+	len += 1;
+
+	errno = 0;
+	tmp = strtol(&line[len], &endptr, 10);
+	if (((tmp == LONG_MAX || tmp == LONG_MIN) && errno == ERANGE) ||
+	    (errno && !tmp)) {
+		warnx("Failed to parse: %s", &line[len]);
+		return -ERANGE;
+	}
+
+	if (endptr == &line[len]) {
+		warnx("Not digits were found in line %s", &line[len]);
+		return -EINVAL;
+	}
+
+	if (!(*endptr == '\0' || (*endptr == '\n' && *++endptr == '\0'))) {
+		warnx("Further characters after number: %s", endptr);
+		return -EINVAL;
+	}
+
+	*counter = tmp;
+
+	return 0;
+}
+
+static int read_memcg_events(struct memcg_events *events, bool show_diff)
+{
+	FILE *fp = fopen(events->path, "re");
+	size_t i;
+	int ret = 0;
+	bool any_new_events = false;
+	char *line = NULL;
+	size_t len = 0;
+	struct memcg_counters new_counters;
+	struct memcg_counters *counters = &events->counters;
+	struct {
+		const char *name;
+		long *new;
+		long *old;
+	} map[] = {
+		{
+			.name = "low",
+			.new = &new_counters.low,
+			.old = &counters->low,
+		},
+		{
+			.name = "high",
+			.new = &new_counters.high,
+			.old = &counters->high,
+		},
+		{
+			.name = "max",
+			.new = &new_counters.max,
+			.old = &counters->max,
+		},
+		{
+			.name = "oom",
+			.new = &new_counters.oom,
+			.old = &counters->oom,
+		},
+		{
+			.name = "oom_kill",
+			.new = &new_counters.oom_kill,
+			.old = &counters->oom_kill,
+		},
+		{
+			.name = "oom_group_kill",
+			.new = &new_counters.oom_group_kill,
+			.old = &counters->oom_group_kill,
+		},
+	};
+
+	if (!fp) {
+		warn("Failed to open memcg events file %s", events->path);
+		return -EBADF;
+	}
+
+	/* Read new values for memcg counters */
+	for (i = 0; i < ARRAY_SIZE(map); ++i) {
+		ssize_t nread;
+
+		errno = 0;
+		nread = getline(&line, &len, fp);
+		if (nread == -1) {
+			if (errno) {
+				warn("Failed to read line for counter %s",
+				     map[i].name);
+				ret = -EIO;
+				goto exit;
+			}
+
+			break;
+		}
+
+		ret = get_memcg_counter(line, map[i].name, map[i].new);
+		if (ret) {
+			warnx("Failed to get counter value from line %s", line);
+			goto exit;
+		}
+	}
+
+	for (i = 0; i < ARRAY_SIZE(map); ++i) {
+		long diff;
+
+		if (*map[i].new > *map[i].old) {
+			diff = *map[i].new - *map[i].old;
+
+			if (show_diff)
+				printf("*** %ld MEMCG %s event%s, "
+				       "change counter %ld => %ld\n",
+				       diff, map[i].name,
+				       (diff == 1) ? "" : "s",
+				       *map[i].old, *map[i].new);
+
+			*map[i].old += diff;
+			any_new_events = true;
+		}
+	}
+
+	if (show_diff && !any_new_events)
+		printf("*** No new untracked memcg events available\n");
+
+exit:
+	free(line);
+	fclose(fp);
+
+	return ret;
+}
+
+static void process_memcg_events(struct memcg_events *events,
+				 struct inotify_event *event)
+{
+	int ret;
+
+	if (events->inotify_wd != event->wd) {
+		warnx("Unknown inotify event %d, should be %d", event->wd,
+		      events->inotify_wd);
+		return;
+	}
+
+	printf("Received event in %s:\n", events->path);
+
+	if (!(event->mask & IN_MODIFY)) {
+		warnx("No IN_MODIFY event, skip it");
+		return;
+	}
+
+	ret = read_memcg_events(events, /* show_diff = */true);
+	if (ret)
+		warnx("Can't read memcg events");
+}
+
+static void monitor_events(struct memcg_events *events)
+{
+	struct pollfd fds[1];
+	int ret;
+
+	printf("Started monitoring memory events from '%s'...\n", events->path);
+
+	fds[0].fd = events->inotify_fd;
+	fds[0].events = POLLIN;
+
+	for (;;) {
+		ret = poll(fds, ARRAY_SIZE(fds), -1);
+		if (ret < 0 && errno != EAGAIN)
+			err(EXIT_FAILURE, "Can't poll memcg events (%d)", ret);
+
+		if (fds[0].revents & POLLERR)
+			err(EXIT_FAILURE, "Got POLLERR during monitor events");
+
+		if (fds[0].revents & POLLIN) {
+			struct inotify_event *event;
+			char buffer[INOTIFY_BUFFER_SIZE];
+			ssize_t length;
+
+			length = read(fds[0].fd, buffer, INOTIFY_BUFFER_SIZE);
+			if (length <= 0)
+				continue;
+
+			event = (struct inotify_event *)buffer;
+			while (INOTIFY_EVENT_OK(event, length)) {
+				process_memcg_events(events, event);
+				event = INOTIFY_EVENT_NEXT(event, length);
+			}
+		}
+	}
+}
+
+static int initialize_memcg_events(struct memcg_events *events,
+				   const char *cgroup)
+{
+	int ret;
+
+	memset(events, 0, sizeof(struct memcg_events));
+
+	ret = snprintf(events->path, PATH_MAX,
+		       "/sys/fs/cgroup/%s/memory.events", cgroup);
+	if (ret >= PATH_MAX) {
+		warnx("Path to cgroup memory.events is too long");
+		return -EMSGSIZE;
+	} else if (ret < 0) {
+		warn("Can't generate cgroup event full name");
+		return ret;
+	}
+
+	ret = read_memcg_events(events, /* show_diff = */false);
+	if (ret) {
+		warnx("Failed to read initial memcg events state (%d)", ret);
+		return ret;
+	}
+
+	events->inotify_fd = inotify_init();
+	if (events->inotify_fd < 0) {
+		warn("Failed to setup new inotify device");
+		return -EMFILE;
+	}
+
+	events->inotify_wd = inotify_add_watch(events->inotify_fd,
+					       events->path, IN_MODIFY);
+	if (events->inotify_wd < 0) {
+		warn("Couldn't add monitor in dir %s", events->path);
+		return -EIO;
+	}
+
+	printf("Initialized MEMCG events with counters:\n");
+	print_memcg_counters(&events->counters);
+
+	return 0;
+}
+
+static void cleanup_memcg_events(struct memcg_events *events)
+{
+	inotify_rm_watch(events->inotify_fd, events->inotify_wd);
+	close(events->inotify_fd);
+}
+
+int main(int argc, const char **argv)
+{
+	struct memcg_events events;
+	ssize_t ret;
+
+	if (argc != 2)
+		errx(EXIT_FAILURE, "Usage: %s <cgroup>", argv[0]);
+
+	ret = initialize_memcg_events(&events, argv[1]);
+	if (ret)
+		errx(EXIT_FAILURE, "Can't initialize memcg events (%zd)", ret);
+
+	monitor_events(&events);
+
+	cleanup_memcg_events(&events);
+
+	printf("Exiting cgroup v2 event listener...\n");
+
+	return EXIT_SUCCESS;
+}
