diff --git a/lib/internal/trace_events_async_hooks.js b/lib/internal/trace_events_async_hooks.js
index 9f47f2aa5fd658..6724e0fdef5f15 100644
--- a/lib/internal/trace_events_async_hooks.js
+++ b/lib/internal/trace_events_async_hooks.js
@@ -28,7 +28,9 @@ const hook = async_hooks.createHook({
 
     typeMemory.set(asyncId, type);
     trace_events.emit(BEFORE_EVENT, 'node.async_hooks',
-                      type, asyncId, 'triggerAsyncId', triggerAsyncId);
+                      type, asyncId,
+                      'triggerAsyncId', triggerAsyncId,
+                      'executionAsyncId', async_hooks.executionAsyncId());
   },
 
   before(asyncId) {
diff --git a/src/async_wrap.cc b/src/async_wrap.cc
index ec3f68e76a1605..a58c59c212da4e 100644
--- a/src/async_wrap.cc
+++ b/src/async_wrap.cc
@@ -708,9 +708,12 @@ void AsyncWrap::AsyncReset(double execution_async_id, bool silent) {
   switch (provider_type()) {
 #define V(PROVIDER)                                                           \
     case PROVIDER_ ## PROVIDER:                                               \
-      TRACE_EVENT_NESTABLE_ASYNC_BEGIN1("node.async_hooks",                   \
+      TRACE_EVENT_NESTABLE_ASYNC_BEGIN2("node.async_hooks",                   \
         #PROVIDER, static_cast<int64_t>(get_async_id()),                      \
-        "triggerAsyncId", static_cast<int64_t>(get_trigger_async_id()));      \
+        "executionAsyncId",                                                   \
+        static_cast<int64_t>(env()->execution_async_id()),                    \
+        "triggerAsyncId",                                                     \
+        static_cast<int64_t>(get_trigger_async_id()));                        \
       break;
     NODE_ASYNC_PROVIDER_TYPES(V)
 #undef V
diff --git a/src/node_trace_events.cc b/src/node_trace_events.cc
index 20edb66cd66ed4..74308d82687985 100644
--- a/src/node_trace_events.cc
+++ b/src/node_trace_events.cc
@@ -70,20 +70,19 @@ static void Emit(const FunctionCallbackInfo<Value>& args) {
     id = args[3]->IntegerValue(context).ToChecked();
   }
 
-  // TODO(AndreasMadsen): Two extra arguments are not supported.
   // TODO(AndreasMadsen): String values are not supported.
   int32_t num_args = 0;
-  const char* arg_names[1];
-  uint8_t arg_types[1];
-  uint64_t arg_values[1];
+  const char* arg_names[2];
+  uint8_t arg_types[2];
+  uint64_t arg_values[2];
 
   // Create Utf8Value in the function scope to prevent deallocation.
   // The c-string will be copied by TRACE_EVENT_API_ADD_TRACE_EVENT at the end.
   Utf8Value arg1NameValue(env->isolate(), args[4]);
+  Utf8Value arg2NameValue(env->isolate(), args[6]);
 
-  if (args.Length() < 6 || (args[4]->IsUndefined() && args[5]->IsUndefined())) {
-    num_args = 0;
-  } else {
+  if (args.Length() >= 6 &&
+      (!args[4]->IsUndefined() || !args[5]->IsUndefined())) {
     num_args = 1;
     arg_types[0] = TRACE_VALUE_TYPE_INT;
 
@@ -94,6 +93,18 @@ static void Emit(const FunctionCallbackInfo<Value>& args) {
     arg_values[0] = args[5]->IntegerValue(context).ToChecked();
   }
 
+  if (args.Length() >= 8 &&
+      (!args[6]->IsUndefined() || !args[7]->IsUndefined())) {
+    num_args = 2;
+    arg_types[1] = TRACE_VALUE_TYPE_INT;
+
+    CHECK(args[6]->IsString());
+    arg_names[1] = arg2NameValue.out();
+
+    CHECK(args[7]->IsNumber());
+    arg_values[1] = args[7]->IntegerValue(context).ToChecked();
+  }
+
   // The TRACE_EVENT_FLAG_COPY flag indicates that the name and argument
   // name should be copied thus they don't need to long-lived pointers.
   // The category name still won't be copied and thus need to be a long-lived
diff --git a/test/parallel/test-trace-events-async-hooks.js b/test/parallel/test-trace-events-async-hooks.js
index 7f8fb106200b1a..e1f78f791a636d 100644
--- a/test/parallel/test-trace-events-async-hooks.js
+++ b/test/parallel/test-trace-events-async-hooks.js
@@ -43,7 +43,6 @@ proc.once('exit', common.mustCall(() => {
       return true;
     }));
 
-
     // JavaScript async_hooks trace events should be generated.
     assert(traces.some((trace) => {
       if (trace.pid !== proc.pid)
@@ -54,5 +53,14 @@ proc.once('exit', common.mustCall(() => {
         return false;
       return true;
     }));
+
+    // Check args in init events
+    const initEvents = traces.filter((trace) => {
+      return (trace.ph === 'b' && !trace.name.includes('_CALLBACK'));
+    });
+    assert(initEvents.every((trace) => {
+      return (trace.args.executionAsyncId > 0 &&
+              trace.args.triggerAsyncId > 0);
+    }));
   }));
 }));
diff --git a/test/parallel/test-trace-events-binding.js b/test/parallel/test-trace-events-binding.js
index 628c9cace71973..9a182821bac18e 100644
--- a/test/parallel/test-trace-events-binding.js
+++ b/test/parallel/test-trace-events-binding.js
@@ -10,7 +10,10 @@ const CODE = `
     'type-value', 10, 'extra-value', 20);
   process.binding("trace_events").emit(
     'b'.charCodeAt(0), 'custom',
-    'type-value', 20);
+    'type-value', 20, 'first-value', 20, 'second-value', 30);
+  process.binding("trace_events").emit(
+    'b'.charCodeAt(0), 'custom',
+    'type-value', 30);
   process.binding("trace_events").emit(
     'b'.charCodeAt(0), 'missing',
     'type-value', 10, 'extra-value', 20);
@@ -29,7 +32,7 @@ proc.once('exit', common.mustCall(() => {
   assert(common.fileExists(FILE_NAME));
   fs.readFile(FILE_NAME, common.mustCall((err, data) => {
     const traces = JSON.parse(data.toString()).traceEvents;
-    assert.strictEqual(traces.length, 2);
+    assert.strictEqual(traces.length, 3);
 
     assert.strictEqual(traces[0].pid, proc.pid);
     assert.strictEqual(traces[0].ph, 'b');
@@ -43,6 +46,16 @@ proc.once('exit', common.mustCall(() => {
     assert.strictEqual(traces[1].cat, 'custom');
     assert.strictEqual(traces[1].name, 'type-value');
     assert.strictEqual(traces[1].id, '0x14');
-    assert.deepStrictEqual(traces[1].args, { });
+    assert.deepStrictEqual(traces[1].args, {
+      'first-value': 20,
+      'second-value': 30
+    });
+
+    assert.strictEqual(traces[2].pid, proc.pid);
+    assert.strictEqual(traces[2].ph, 'b');
+    assert.strictEqual(traces[2].cat, 'custom');
+    assert.strictEqual(traces[2].name, 'type-value');
+    assert.strictEqual(traces[2].id, '0x1e');
+    assert.deepStrictEqual(traces[2].args, { });
   }));
 }));