diff --git a/include/zephyr/llext/llext.h b/include/zephyr/llext/llext.h
index 96bd64d2854..5376e2cf13a 100644
--- a/include/zephyr/llext/llext.h
+++ b/include/zephyr/llext/llext.h
@@ -78,6 +78,19 @@ sys_slist_t *llext_list(void);
  */
 struct llext *llext_by_name(const char *name);
 
+/**
+ * @brief llext loader parameters
+ *
+ * These are parameters, not saved in the permanent llext context, needed only
+ * for the loader
+ */
+struct llext_load_param {
+	/** Should local relocation be performed */
+	bool relocate_local;
+};
+
+#define LLEXT_LOAD_PARAM_DEFAULT {.relocate_local = true,}
+
 /**
  * @brief Load and link an extension
  *
@@ -88,12 +101,14 @@ struct llext *llext_by_name(const char *name);
  * @param[in] loader An extension loader that provides input data and context
  * @param[in] name A string identifier for the extension
  * @param[out] ext A pointer to a statically allocated llext struct
+ * @param[in] ldr_parm Loader parameters
  *
  * @retval 0 Success
  * @retval -ENOMEM Not enough memory
  * @retval -EINVAL Invalid ELF stream
  */
-int llext_load(struct llext_loader *loader, const char *name, struct llext **ext);
+int llext_load(struct llext_loader *loader, const char *name, struct llext **ext,
+	       struct llext_load_param *ldr_parm);
 
 /**
  * @brief Unload an extension
diff --git a/subsys/llext/llext.c b/subsys/llext/llext.c
index 6598652840b..d71f2a2a102 100644
--- a/subsys/llext/llext.c
+++ b/subsys/llext/llext.c
@@ -494,7 +494,8 @@ __weak void arch_elf_relocate_local(struct llext_loader *ldr, struct llext *ext,
 {
 }
 
-static void llext_link_plt(struct llext_loader *ldr, struct llext *ext, elf_shdr_t *shdr)
+static void llext_link_plt(struct llext_loader *ldr, struct llext *ext,
+			   elf_shdr_t *shdr, bool do_local)
 {
 	unsigned int sh_cnt = shdr->sh_size / shdr->sh_entsize;
 	/*
@@ -547,6 +548,11 @@ static void llext_link_plt(struct llext_loader *ldr, struct llext *ext, elf_shdr
 
 		uint32_t stt = ELF_ST_TYPE(sym_tbl.st_info);
 		uint32_t stb = ELF_ST_BIND(sym_tbl.st_info);
+
+		if (stt != STT_NOTYPE || sym_tbl.st_shndx != SHN_UNDEF) {
+			continue;
+		}
+
 		const char *name = llext_string(ldr, ext, LLEXT_MEM_STRTAB, sym_tbl.st_name);
 		/*
 		 * Both r_offset and sh_addr are addresses for which the extension
@@ -555,9 +561,6 @@ static void llext_link_plt(struct llext_loader *ldr, struct llext *ext, elf_shdr
 		size_t got_offset = llext_file_offset(ldr, rela.r_offset) -
 			ldr->sects[LLEXT_SECT_TEXT].sh_offset;
 
-		if (stt != STT_NOTYPE || sym_tbl.st_shndx != SHN_UNDEF)
-			continue;
-
 		const void *link_addr;
 
 		switch (stb) {
@@ -574,16 +577,18 @@ static void llext_link_plt(struct llext_loader *ldr, struct llext *ext, elf_shdr
 				continue;
 			}
 
-			LOG_DBG("symbol %s offset %#x r-offset %#x .text offset %#x",
-				name, got_offset,
-				rela.r_offset, ldr->sects[LLEXT_SECT_TEXT].sh_offset);
-
 			/* Resolve the symbol */
 			*(const void **)(text + got_offset) = link_addr;
 			break;
 		case  STB_LOCAL:
-			arch_elf_relocate_local(ldr, ext, &rela, got_offset);
+			if (do_local) {
+				arch_elf_relocate_local(ldr, ext, &rela, got_offset);
+			}
 		}
+
+		LOG_DBG("symbol %s offset %#x r-offset %#x .text offset %#x stb %u",
+			name, got_offset,
+			rela.r_offset, ldr->sects[LLEXT_SECT_TEXT].sh_offset, stb);
 	}
 }
 
@@ -591,7 +596,7 @@ __weak void arch_elf_relocate(elf_rela_t *rel, uintptr_t opaddr, uintptr_t opval
 {
 }
 
-static int llext_link(struct llext_loader *ldr, struct llext *ext)
+static int llext_link(struct llext_loader *ldr, struct llext *ext, bool do_local)
 {
 	uintptr_t loc = 0;
 	elf_shdr_t shdr;
@@ -638,7 +643,7 @@ static int llext_link(struct llext_loader *ldr, struct llext *ext)
 			loc = (uintptr_t)ext->mem[LLEXT_MEM_DATA];
 		} else if (strcmp(name, ".rela.plt") == 0 ||
 			   strcmp(name, ".rela.dyn") == 0) {
-			llext_link_plt(ldr, ext, &shdr);
+			llext_link_plt(ldr, ext, &shdr, do_local);
 			continue;
 		}
 
@@ -724,7 +729,8 @@ static int llext_link(struct llext_loader *ldr, struct llext *ext)
 /*
  * Load a valid ELF as an extension
  */
-static int do_llext_load(struct llext_loader *ldr, struct llext *ext)
+static int do_llext_load(struct llext_loader *ldr, struct llext *ext,
+			 struct llext_load_param *ldr_parm)
 {
 	int ret = 0;
 
@@ -793,7 +799,7 @@ static int do_llext_load(struct llext_loader *ldr, struct llext *ext)
 	}
 
 	LOG_DBG("Linking ELF...");
-	ret = llext_link(ldr, ext);
+	ret = llext_link(ldr, ext, ldr_parm ? ldr_parm->relocate_local : true);
 	if (ret != 0) {
 		LOG_ERR("Failed to link, ret %d", ret);
 		goto out;
@@ -818,7 +824,8 @@ out:
 	return ret;
 }
 
-int llext_load(struct llext_loader *ldr, const char *name, struct llext **ext)
+int llext_load(struct llext_loader *ldr, const char *name, struct llext **ext,
+	       struct llext_load_param *ldr_parm)
 {
 	int ret;
 	elf_ehdr_t ehdr;
@@ -857,7 +864,7 @@ int llext_load(struct llext_loader *ldr, const char *name, struct llext **ext)
 		}
 
 		ldr->hdr = ehdr;
-		ret = do_llext_load(ldr, *ext);
+		ret = do_llext_load(ldr, *ext, ldr_parm);
 		break;
 	default:
 		LOG_ERR("Unsupported elf file type %x", ehdr.e_type);
diff --git a/subsys/llext/shell.c b/subsys/llext/shell.c
index b9a4121acc6..289ebaa4d35 100644
--- a/subsys/llext/shell.c
+++ b/subsys/llext/shell.c
@@ -117,8 +117,9 @@ static int cmd_llext_load_hex(const struct shell *sh, size_t argc, char *argv[])
 		hex_len, CONFIG_LLEXT_SHELL_MAX_SIZE, llext_buf_len);
 	LOG_HEXDUMP_DBG(llext_buf, 4, "4 byte MAGIC");
 
+	struct llext_load_param ldr_parm = LLEXT_LOAD_PARAM_DEFAULT;
 	struct llext *ext;
-	int res = llext_load(ldr, name, &ext);
+	int res = llext_load(ldr, name, &ext, &ldr_parm);
 
 	if (res == 0) {
 		shell_print(sh, "Successfully loaded extension %s, addr %p\n", ext->name, ext);
diff --git a/tests/subsys/llext/src/test_llext_simple.c b/tests/subsys/llext/src/test_llext_simple.c
index ef0e62b93b5..0b002c79e71 100644
--- a/tests/subsys/llext/src/test_llext_simple.c
+++ b/tests/subsys/llext/src/test_llext_simple.c
@@ -28,12 +28,13 @@ ZTEST(llext, test_llext_simple)
 	struct llext_buf_loader buf_loader =
 		LLEXT_BUF_LOADER(hello_world_elf, ARRAY_SIZE(hello_world_elf));
 	struct llext_loader *loader = &buf_loader.loader;
+	struct llext_load_param ldr_parm = LLEXT_LOAD_PARAM_DEFAULT;
 	struct llext *ext;
 	const void * const printk_fn = llext_find_sym(NULL, "printk");
 
 	zassert_equal(printk_fn, printk, "printk should be an exported symbol");
 
-	int res = llext_load(loader, name, &ext);
+	int res = llext_load(loader, name, &ext, &ldr_parm);
 
 	zassert_ok(res, "load should succeed");