diff --git a/lib/argument-store.js b/lib/argument-store.js
index c943aa5..3cc4f79 100644
--- a/lib/argument-store.js
+++ b/lib/argument-store.js
@@ -31,6 +31,8 @@ class ArgumentStore {
     "SEMAPHORE_AGENT_VOLUME_NAME": "",
     "SEMAPHORE_AGENT_VOLUME_TYPE": "gp2",
     "SEMAPHORE_AGENT_VOLUME_SIZE": "64",
+    "SEMAPHORE_AGENT_VOLUME_IOPS": "",
+    "SEMAPHORE_AGENT_VOLUME_THROUGHPUT": "",
     "SEMAPHORE_AGENT_TAGS": "",
     "SEMAPHORE_AGENT_LICENSE_CONFIGURATION_ARN": "",
     "SEMAPHORE_AGENT_MAC_FAMILY": "mac2",
diff --git a/lib/aws-semaphore-agent-stack.js b/lib/aws-semaphore-agent-stack.js
index 53e527b..7c3a8d2 100644
--- a/lib/aws-semaphore-agent-stack.js
+++ b/lib/aws-semaphore-agent-stack.js
@@ -441,14 +441,26 @@ class AwsSemaphoreAgentStack extends Stack {
       return undefined
     }
 
+    const volumeType = this.argumentStore.get("SEMAPHORE_AGENT_VOLUME_TYPE");
+    const ebsDevice = {
+      volumeType: volumeType,
+      volumeSize: this.argumentStore.getAsNumber("SEMAPHORE_AGENT_VOLUME_SIZE"),
+    };
+
+    if (!this.argumentStore.isEmpty("SEMAPHORE_AGENT_VOLUME_IOPS")) {
+      ebsDevice.iops = this.argumentStore.getAsNumber("SEMAPHORE_AGENT_VOLUME_IOPS");
+    }
+
+    // Only set throughput when volume type is gp3 because it is not supported for other volume types.
+    if (volumeType === "gp3" && !this.argumentStore.isEmpty("SEMAPHORE_AGENT_VOLUME_THROUGHPUT")) {
+      ebsDevice.throughput = this.argumentStore.getAsNumber("SEMAPHORE_AGENT_VOLUME_THROUGHPUT");
+    }
+
     return [
       {
         deviceName: this.argumentStore.get("SEMAPHORE_AGENT_VOLUME_NAME"),
         volume: {
-          ebsDevice: {
-            volumeType: this.argumentStore.get("SEMAPHORE_AGENT_VOLUME_TYPE"),
-            volumeSize: this.argumentStore.getAsNumber("SEMAPHORE_AGENT_VOLUME_SIZE")
-          }
+          ebsDevice: ebsDevice
         }
       }
     ]
diff --git a/test/aws-semaphore-agent.test.js b/test/aws-semaphore-agent.test.js
index 9948972..aadfeb9 100644
--- a/test/aws-semaphore-agent.test.js
+++ b/test/aws-semaphore-agent.test.js
@@ -375,7 +375,7 @@ describe("launch configuration", () => {
             DeviceName: "/dev/sda1",
             Ebs: {
               VolumeType: "gp2",
-              VolumeSize: 64
+              VolumeSize: 64,
             }
           }
         ]
@@ -388,6 +388,8 @@ describe("launch configuration", () => {
     argumentStore.set("SEMAPHORE_AGENT_VOLUME_NAME", "/dev/sda1");
     argumentStore.set("SEMAPHORE_AGENT_VOLUME_TYPE", "gp3");
     argumentStore.set("SEMAPHORE_AGENT_VOLUME_SIZE", "3981");
+    argumentStore.set("SEMAPHORE_AGENT_VOLUME_IOPS", "4500");
+    argumentStore.set("SEMAPHORE_AGENT_VOLUME_THROUGHPUT", "450");
 
     const template = createTemplate(argumentStore);
     template.hasResourceProperties("AWS::EC2::LaunchTemplate", {
@@ -397,7 +399,9 @@ describe("launch configuration", () => {
             DeviceName: "/dev/sda1",
             Ebs: {
               VolumeType: "gp3",
-              VolumeSize: 3981
+              VolumeSize: 3981,
+              Iops: 4500,
+              Throughput: 450,
             }
           }
         ]