diff --git a/src/index.ts b/src/index.ts
index af23c19..8959a5b 100644
--- a/src/index.ts
+++ b/src/index.ts
@@ -45,5 +45,6 @@ export type {
 	ServerVersion,
 	TlsOptions,
 } from "./types.js";
+export type { ConfigWatcherEvents } from "./watcher.js";
 // Watcher
 export { ConfigWatcher, WatchedField } from "./watcher.js";
diff --git a/src/watcher.ts b/src/watcher.ts
index c0add05..0b4bccf 100644
--- a/src/watcher.ts
+++ b/src/watcher.ts
@@ -223,6 +223,27 @@ export class WatchedField<T> extends EventEmitter {
 	}
 }
 
+/**
+ * Typed event map for ConfigWatcher.
+ *
+ * @example
+ * ```ts
+ * watcher.on('subscriptionError', (err) => {
+ *   console.warn('subscription error:', err.message);
+ * });
+ * ```
+ */
+export interface ConfigWatcherEvents {
+	/**
+	 * Emitted when a subscription error occurs.
+	 *
+	 * For retryable errors (UNAVAILABLE, INTERNAL) the watcher reconnects automatically.
+	 * For non-retryable errors the watcher stops after emitting this event.
+	 * The `err` argument is a typed `DecreeError` (e.g. `UnavailableError`).
+	 */
+	subscriptionError: [err: DecreeError];
+}
+
 /**
  * ConfigWatcher subscribes to live configuration changes for a tenant.
  *
@@ -231,6 +252,10 @@ export class WatchedField<T> extends EventEmitter {
  * opens a Subscribe stream for real-time updates. On transient errors
  * (UNAVAILABLE, INTERNAL), it automatically reconnects with exponential backoff.
  *
+ * Subscription errors (both retryable and fatal) are emitted as `'subscriptionError'`
+ * events. Retryable errors trigger automatic reconnection; fatal errors cause the
+ * watcher to stop.
+ *
  * @example
  * ```ts
  * const client = new ConfigClient('localhost:9090', { subject: 'myapp' });
@@ -239,6 +264,10 @@ export class WatchedField<T> extends EventEmitter {
  * const fee = watcher.field('payments.fee', Number, { default: 0.01 });
  * const enabled = watcher.field('payments.enabled', Boolean, { default: false });
  *
+ * watcher.on('subscriptionError', (err) => {
+ *   console.warn('watcher error:', err.message);
+ * });
+ *
  * await watcher.start();
  * console.log(fee.value); // current value from server
  *
@@ -251,7 +280,7 @@ export class WatchedField<T> extends EventEmitter {
  * client.close();
  * ```
  */
-export class ConfigWatcher {
+export class ConfigWatcher extends EventEmitter {
 	private readonly configStub: InstanceType<typeof GrpcConfigServiceClient>;
 	private readonly metadata: Metadata;
 	private readonly timeout: number;
@@ -269,12 +298,37 @@ export class ConfigWatcher {
 		timeout: number,
 		tenantId: string,
 	) {
+		super();
 		this.configStub = configStub;
 		this.metadata = metadata;
 		this.timeout = timeout;
 		this.tenantId = tenantId;
 	}
 
+	on<K extends keyof ConfigWatcherEvents>(
+		event: K,
+		listener: (...args: ConfigWatcherEvents[K]) => void,
+	): this;
+	on(event: string | symbol, listener: (...args: unknown[]) => void): this;
+	on(event: string | symbol, listener: (...args: unknown[]) => void): this {
+		return super.on(event, listener);
+	}
+
+	once<K extends keyof ConfigWatcherEvents>(
+		event: K,
+		listener: (...args: ConfigWatcherEvents[K]) => void,
+	): this;
+	once(event: string | symbol, listener: (...args: unknown[]) => void): this;
+	once(event: string | symbol, listener: (...args: unknown[]) => void): this {
+		return super.once(event, listener);
+	}
+
+	emit<K extends keyof ConfigWatcherEvents>(event: K, ...args: ConfigWatcherEvents[K]): boolean;
+	emit(event: string | symbol, ...args: unknown[]): boolean;
+	emit(event: string | symbol, ...args: unknown[]): boolean {
+		return super.emit(event, ...args);
+	}
+
 	/**
 	 * Register a field to watch.
 	 *
@@ -414,10 +468,11 @@ export class ConfigWatcher {
 				return;
 			}
 
+			this.emit("subscriptionError", mapGrpcError(err));
+
 			if (isRetryableError(err)) {
 				this.scheduleReconnect(backoff);
 			} else {
-				// Non-retryable error: stop the watcher.
 				void this.stop();
 			}
 		});
diff --git a/test/watcher.test.ts b/test/watcher.test.ts
index eb34dd6..b705862 100644
--- a/test/watcher.test.ts
+++ b/test/watcher.test.ts
@@ -695,6 +695,94 @@ describe("ConfigWatcher", () => {
 			expect(configStub.subscribe).toHaveBeenCalledTimes(1);
 		});
 
+		it("emits subscriptionError for retryable errors", async () => {
+			vi.useFakeTimers();
+
+			const watcher = createWatcher();
+			watcher.field("payments.fee", Number, { default: 0.01 });
+			mockGetConfigSuccess([]);
+
+			const errors: Error[] = [];
+			watcher.on("subscriptionError", (err) => errors.push(err));
+
+			await watcher.start();
+
+			const newStream = createMockStream();
+			configStub.subscribe.mockReturnValue(newStream);
+
+			mockStream.emit("error", makeServiceError(status.UNAVAILABLE, "server unavailable"));
+
+			expect(errors).toHaveLength(1);
+			expect(errors[0]?.message).toBe("server unavailable");
+
+			await vi.advanceTimersByTimeAsync(60_000);
+
+			newStream.cancel = vi.fn();
+			await watcher.stop();
+			vi.useRealTimers();
+		});
+
+		it("emits subscriptionError for non-retryable errors", async () => {
+			const watcher = createWatcher();
+			watcher.field("payments.fee", Number, { default: 0.01 });
+			mockGetConfigSuccess([]);
+
+			const errors: Error[] = [];
+			watcher.on("subscriptionError", (err) => errors.push(err));
+
+			await watcher.start();
+
+			mockStream.emit("error", makeServiceError(status.PERMISSION_DENIED, "access denied"));
+
+			await new Promise((r) => setTimeout(r, 10));
+
+			expect(errors).toHaveLength(1);
+			expect(errors[0]?.message).toBe("access denied");
+		});
+
+		it("once listener fires only for the first subscriptionError", async () => {
+			vi.useFakeTimers();
+
+			const watcher = createWatcher();
+			watcher.field("payments.fee", Number, { default: 0.01 });
+			mockGetConfigSuccess([]);
+
+			const errors: Error[] = [];
+			watcher.once("subscriptionError", (err) => errors.push(err));
+
+			await watcher.start();
+
+			const newStream = createMockStream();
+			configStub.subscribe.mockReturnValue(newStream);
+			configStub.getConfig.mockImplementationOnce(
+				(_req: unknown, _meta: unknown, _opts: unknown, cb: (...args: unknown[]) => void) => {
+					cb(null, { config: { tenantId: "tenant-1", version: 2, values: [] } });
+				},
+			);
+
+			// First error fires the once listener.
+			mockStream.emit("error", makeServiceError(status.UNAVAILABLE, "first error"));
+			await vi.advanceTimersByTimeAsync(60_000);
+
+			// Second error on the new stream should NOT fire the once listener again.
+			const newStream2 = createMockStream();
+			configStub.subscribe.mockReturnValue(newStream2);
+			configStub.getConfig.mockImplementationOnce(
+				(_req: unknown, _meta: unknown, _opts: unknown, cb: (...args: unknown[]) => void) => {
+					cb(null, { config: { tenantId: "tenant-1", version: 2, values: [] } });
+				},
+			);
+			newStream.emit("error", makeServiceError(status.UNAVAILABLE, "second error"));
+			await vi.advanceTimersByTimeAsync(60_000);
+
+			expect(errors).toHaveLength(1);
+			expect(errors[0]?.message).toBe("first error");
+
+			newStream2.cancel = vi.fn();
+			await watcher.stop();
+			vi.useRealTimers();
+		});
+
 		it("reconnects on stream end", async () => {
 			vi.useFakeTimers();