diff --git a/recipes/mbits-args/all/CMakeLists.txt b/recipes/mbits-args/all/CMakeLists.txt
deleted file mode 100644
index bd3083b512cb9..0000000000000
--- a/recipes/mbits-args/all/CMakeLists.txt
+++ /dev/null
@@ -1,7 +0,0 @@
-cmake_minimum_required(VERSION 3.1)
-project(cmake_wrapper)
-
-include(conanbuildinfo.cmake)
-conan_basic_setup()
-
-add_subdirectory(source_subfolder)
diff --git a/recipes/mbits-args/all/conandata.yml b/recipes/mbits-args/all/conandata.yml
index 9396e3b4afe52..c5ec46f3c1e27 100644
--- a/recipes/mbits-args/all/conandata.yml
+++ b/recipes/mbits-args/all/conandata.yml
@@ -1,4 +1,10 @@
 sources:
-  0.12.3:
+  "0.12.3":
     url: "https://github.com/mbits-libs/args/archive/v0.12.3.tar.gz"
     sha256: "1a1dc5793e927a7f8c34b77c776b4d4a88f7ce9557657d8e806fca2922bd07a0"
+patches:
+  "0.12.3":
+    - patch_file: "patches/0.12.3-0001-export-cmake-config.patch"
+      patch_description: "conan v2: drop the unneeded dependency, export cmake config"
+      patch_source: "https://github.com/mbits-libs/args/commit/f0593ed24d8edc33bcef5acaad5a2d27bf566ede"
+      patch_type: "conan"
diff --git a/recipes/mbits-args/all/conanfile.py b/recipes/mbits-args/all/conanfile.py
index 67fd62d66485d..061c5b3a891b0 100644
--- a/recipes/mbits-args/all/conanfile.py
+++ b/recipes/mbits-args/all/conanfile.py
@@ -1,103 +1,122 @@
-from conans import ConanFile, CMake, tools
-from conans.errors import ConanInvalidConfiguration
+from conan import ConanFile
+from conan.errors import ConanInvalidConfiguration
+from conan.tools.microsoft import check_min_vs, is_msvc
+from conan.tools.files import (
+    apply_conandata_patches,
+    export_conandata_patches,
+    get,
+    copy,
+    rmdir,
+)
+from conan.tools.build import check_min_cppstd
+from conan.tools.scm import Version
+from conan.tools.cmake import CMake, CMakeToolchain, cmake_layout
 import os
 
 
+required_conan_version = ">=1.53.0"
+
+
 class MBitsArgsConan(ConanFile):
     name = "mbits-args"
-    description = "Small open-source library for program argument parser, inspired by Python's `argparse`, " \
-                  "depending only on the standard library, with C++17 as minimum requirement."
-    homepage = "https://github.com/mbits-libs/args"
+    description = (
+        "Small open-source library for program argument parser, inspired by Python's `argparse`, "
+        "depending only on the standard library, with C++17 as minimum requirement."
+    )
     license = "MIT"
-    topics = ("command-line", "commandline", "commandline-interface",
-              "program-arguments", "argparse", "argparser", "argument-parsing")
-
     url = "https://github.com/conan-io/conan-center-index"
+    homepage = "https://github.com/mbits-libs/args"
+    topics = (
+        "command-line",
+        "commandline",
+        "commandline-interface",
+        "program-arguments",
+        "argparse",
+        "argparser",
+        "argument-parsing",
+    )
     settings = "os", "compiler", "build_type", "arch"
-    options = {"shared": [True, False], "fPIC": [True, False]}
-    default_options = {"shared": False, "fPIC": True}
-    generators = "cmake"
-    exports_sources = "CMakeLists.txt"
-
-    _cmake = None
+    options = {"fPIC": [True, False]}
+    default_options = {"fPIC": True}
 
-    _compilers_minimum_version = {
-        "gcc": "8",
-        "clang": "7.0",
-        "Visual Studio": "16",
-        "apple-clang": "10.0",
-    }
+    @property
+    def _min_cppstd(self):
+        return 17
 
     @property
-    def _source_subfolder(self):
-        return "source_subfolder"
+    def _compilers_minimum_version(self):
+        return {
+            "gcc": "8",
+            "clang": "12",
+            "Visual Studio": "16",
+            "msvc": "192",
+            "apple-clang": "10.0",
+        }
+
+    def export_sources(self):
+        export_conandata_patches(self)
 
     def config_options(self):
         if self.settings.os == "Windows":
             del self.options.fPIC
 
-    def configure(self):
-        if self.options.shared:
-            del self.options.fPIC
-
-            if self.settings.compiler == "Visual Studio" and "MT" in str(self.settings.compiler.runtime):
+    def layout(self):
+        cmake_layout(self, src_folder="src")
+
+    def validate(self):
+        if self.settings.get_safe("compiler.cppstd"):
+            check_min_cppstd(self, self._min_cppstd)
+        check_min_vs(self, 192)
+        if not is_msvc(self):
+            minimum_version = self._compilers_minimum_version.get(
+                str(self.settings.compiler), False
+            )
+            if (
+                minimum_version
+                and Version(self.settings.compiler.version) < minimum_version
+            ):
                 raise ConanInvalidConfiguration(
-                    "mbits-args: combining shared library with private C++ "
-                    "library (MT/MTd) is not supported.")
-
-        if self.settings.compiler.get_safe("cppstd"):
-            tools.check_min_cppstd(self, "17")
-
-        minimum_version = self._compilers_minimum_version.get(
-            str(self.settings.compiler), False)
-        if not minimum_version:
-            self.output.warn(
-                "mbits-args requires C++17. Your compiler is unknown. Assuming it supports C++17.")
-        elif tools.Version(self.settings.compiler.version) < minimum_version:
-            raise ConanInvalidConfiguration("mbits-args: Unsupported compiler: {} {}; "
-                                            "minimal version known to work is {}."
-                                            .format(self.settings.compiler, self.settings.compiler.version, minimum_version))
-        elif str(self.settings.compiler) == "clang" and tools.Version(self.settings.compiler.version) < "8":
-            libcxx = self.settings.compiler.get_safe("libcxx")
-            if libcxx and str(libcxx) == "libc++":
-                raise ConanInvalidConfiguration("mbits-args: Unsupported compiler: clang {} with libc++;\n"
-                                                "minimal version known to work is either clang 8 with "
-                                                "libc++ or clang {} with libstdc++/libstdc++11."
-                                                .format(self.settings.compiler.version, minimum_version))
+                    f"{self.ref} requires C++{self._min_cppstd}, which your compiler does not support."
+                )
 
     def source(self):
-        tools.get(**self.conan_data["sources"][self.version])
-        os.rename("args-{}".format(self.version),
-                  self._source_subfolder)
-
-    def _configure_cmake(self):
-        if self._cmake is not None:
-            return self._cmake
-        self._cmake = CMake(self)
-        self._cmake.definitions["LIBARGS_TESTING"] = False
-        self._cmake.definitions["LIBARGS_INSTALL"] = True
-        self._cmake.definitions["LIBARGS_SHARED"] = self.options.shared
-        self._cmake.configure()
-        return self._cmake
+        get(self, **self.conan_data["sources"][self.version], strip_root=True)
+
+    def generate(self):
+        tc = CMakeToolchain(self)
+        tc.variables["LIBARGS_TESTING"] = False
+        tc.variables["LIBARGS_INSTALL"] = True
+        tc.generate()
 
     def build(self):
-        cmake = self._configure_cmake()
+        apply_conandata_patches(self)
+        cmake = CMake(self)
+        cmake.configure()
         cmake.build()
 
     def package(self):
-        cmake = self._configure_cmake()
+        copy(
+            self,
+            pattern="LICENSE",
+            dst=os.path.join(self.package_folder, "licenses"),
+            src=self.source_folder,
+        )
+        cmake = CMake(self)
         cmake.install()
-        self.copy("LICENSE",
-                  "licenses", keep_path=False, src=self._source_subfolder)
+
+        rmdir(self, os.path.join(self.package_folder, "lib", "cmake"))
 
     def package_info(self):
-        self.cpp_info.filenames["cmake_find_package"] = "args"
-        self.cpp_info.filenames["cmake_find_package_multi"] = "args"
+        self.cpp_info.libs = ["args"]
+
+        self.cpp_info.set_property("cmake_file_name", "mbits-args")
+        self.cpp_info.set_property("cmake_target_name", "mbits::args")
+
+        self.cpp_info.filenames["cmake_find_package"] = "mbits-args"
+        self.cpp_info.filenames["cmake_find_package_multi"] = "mbits-args"
         self.cpp_info.names["cmake_find_package"] = "mbits"
         self.cpp_info.names["cmake_find_package_multi"] = "mbits"
-        self.cpp_info.components["libargs"].names["cmake_find_package"] = "args"
-        self.cpp_info.components["libargs"].names["cmake_find_package_multi"] = "args"
-        self.cpp_info.components["libargs"].libs = tools.collect_libs(self)
-
-        # FIXME: CMake imported target shouldn't be namespaced (requires https://github.com/conan-io/conan/issues/7615)
-        # https://github.com/mbits-libs/args/blob/72f5f2b87ae39f26638a585fa4ad0b96b4152ae6/CMakeLists.txt#L152
+        self.cpp_info.components["args"].set_property(
+            "cmake_target_name", "mbits::args"
+        )
+        self.cpp_info.components["args"].libs = ["args"]
diff --git a/recipes/mbits-args/all/patches/0.12.3-0001-export-cmake-config.patch b/recipes/mbits-args/all/patches/0.12.3-0001-export-cmake-config.patch
new file mode 100644
index 0000000000000..b14f33f3a470e
--- /dev/null
+++ b/recipes/mbits-args/all/patches/0.12.3-0001-export-cmake-config.patch
@@ -0,0 +1,36 @@
+diff --git a/CMakeLists.txt b/CMakeLists.txt
+index 3d9271c..28c176f 100644
+--- a/CMakeLists.txt
++++ b/CMakeLists.txt
+@@ -9,9 +9,6 @@ set(PROJECT_VERSION_STABILITY "") # or "-alpha", or "-beta", or "-rc.5"
+ if (CMAKE_CURRENT_SOURCE_DIR STREQUAL CMAKE_SOURCE_DIR)
+   message(STATUS "Libargs: Standalone")
+ 
+-  include(${CMAKE_BINARY_DIR}/conanbuildinfo.cmake)
+-  conan_basic_setup(TARGETS)
+-
+   set(LIBARG_TESTING_DEFAULT ON)
+   set(LIBARG_INSTALL_DEFAULT ON)
+   set_property(GLOBAL PROPERTY USE_FOLDERS ON)
+@@ -123,8 +120,9 @@ target_compile_definitions(args PRIVATE LIBARGS_EXPORTING)
+ target_compile_features(args PRIVATE cxx_std_17)
+ target_include_directories(args
+   PUBLIC
+-    ${CMAKE_CURRENT_SOURCE_DIR}/include
+-    ${CMAKE_CURRENT_BINARY_DIR}/include
++    $<BUILD_INTERFACE:${CMAKE_CURRENT_SOURCE_DIR}/include>
++    $<BUILD_INTERFACE:${CMAKE_CURRENT_BINARY_DIR}/include>
++    $<INSTALL_INTERFACE:include>
+   PRIVATE ${CMAKE_CURRENT_SOURCE_DIR}/src)
+ 
+ if (LIBARGS_SHARED)
+@@ -149,7 +147,8 @@ endif()
+ ##################################################################
+ 
+ if (LIBARGS_INSTALL)
+-  install(TARGETS args)
++  install(TARGETS args EXPORT mbits)
++  install(EXPORT mbits NAMESPACE "mbits::" DESTINATION lib/cmake)
+   install(DIRECTORY include/args DESTINATION include)
+   install(FILES "${CMAKE_CURRENT_BINARY_DIR}/include/args/version.hpp" DESTINATION include/args)
+ endif()
diff --git a/recipes/mbits-args/all/test_package/CMakeLists.txt b/recipes/mbits-args/all/test_package/CMakeLists.txt
index edca4cb0bfe7f..6048bc9a7928f 100644
--- a/recipes/mbits-args/all/test_package/CMakeLists.txt
+++ b/recipes/mbits-args/all/test_package/CMakeLists.txt
@@ -1,14 +1,8 @@
-cmake_minimum_required(VERSION 3.12)
-project(PackageTest CXX)
+cmake_minimum_required(VERSION 3.8)
+project(test_package CXX)
 
-include(${CMAKE_BINARY_DIR}/conanbuildinfo.cmake)
-conan_basic_setup()
+find_package(mbits-args REQUIRED CONFIG)
 
-find_package(args REQUIRED CONFIG)
-
-add_executable(example example.cpp)
-# FIXME: CMake imported target shouldn't be namespaced (requires https://github.com/conan-io/conan/issues/7615)
-target_link_libraries(example mbits::args)
-set_target_properties(example PROPERTIES
-    CXX_STANDARD 20
-    CXX_STANDARD_REQUIRED OFF)
+add_executable(${PROJECT_NAME} test_package.cpp)
+target_link_libraries(${PROJECT_NAME} PRIVATE mbits::args)
+target_compile_features(${PROJECT_NAME} PRIVATE cxx_std_17)
diff --git a/recipes/mbits-args/all/test_package/conanfile.py b/recipes/mbits-args/all/test_package/conanfile.py
index 9ded35e45e703..3202cf875bb92 100644
--- a/recipes/mbits-args/all/test_package/conanfile.py
+++ b/recipes/mbits-args/all/test_package/conanfile.py
@@ -1,11 +1,19 @@
+from conan import ConanFile
+from conan.tools.build import can_run
+from conan.tools.cmake import cmake_layout, CMake
 import os
 
-from conans import ConanFile, CMake, tools
 
+class TestPackageConan(ConanFile):
+    settings = "os", "arch", "compiler", "build_type"
+    generators = "CMakeDeps", "CMakeToolchain", "VirtualRunEnv"
+    test_type = "explicit"
 
-class LibargsTestConan(ConanFile):
-    settings = "os", "compiler", "build_type", "arch"
-    generators = "cmake", "cmake_find_package_multi"
+    def requirements(self):
+        self.requires(self.tested_reference_str)
+
+    def layout(self):
+        cmake_layout(self)
 
     def build(self):
         cmake = CMake(self)
@@ -13,7 +21,6 @@ def build(self):
         cmake.build()
 
     def test(self):
-        if not tools.cross_building(self):
-            bin_path = os.path.join("bin", "example")
-            self.run("{} --sum 1000 700 1".format(bin_path),
-                     run_environment=True)
+        if can_run(self):
+            bin_path = os.path.join(self.cpp.build.bindirs[0], "test_package")
+            self.run("{} --sum 1000 700 1".format(bin_path), env="conanrun")
diff --git a/recipes/mbits-args/all/test_package/example.cpp b/recipes/mbits-args/all/test_package/test_package.cpp
similarity index 100%
rename from recipes/mbits-args/all/test_package/example.cpp
rename to recipes/mbits-args/all/test_package/test_package.cpp
diff --git a/recipes/mbits-args/all/test_v1_package/CMakeLists.txt b/recipes/mbits-args/all/test_v1_package/CMakeLists.txt
new file mode 100644
index 0000000000000..925ecbe19e448
--- /dev/null
+++ b/recipes/mbits-args/all/test_v1_package/CMakeLists.txt
@@ -0,0 +1,8 @@
+cmake_minimum_required(VERSION 3.1)
+project(test_package)
+
+include(${CMAKE_BINARY_DIR}/conanbuildinfo.cmake)
+conan_basic_setup(TARGETS)
+
+add_subdirectory(${CMAKE_CURRENT_SOURCE_DIR}/../test_package/
+                 ${CMAKE_CURRENT_BINARY_DIR}/test_package/)
diff --git a/recipes/mbits-args/all/test_v1_package/conanfile.py b/recipes/mbits-args/all/test_v1_package/conanfile.py
new file mode 100644
index 0000000000000..897d76acb188a
--- /dev/null
+++ b/recipes/mbits-args/all/test_v1_package/conanfile.py
@@ -0,0 +1,19 @@
+from conans import ConanFile, CMake
+from conan.tools.build import cross_building
+import os
+
+
+# legacy validation with Conan 1.x
+class TestPackageV1Conan(ConanFile):
+    settings = "os", "arch", "compiler", "build_type"
+    generators = "cmake", "cmake_find_package_multi"
+
+    def build(self):
+        cmake = CMake(self)
+        cmake.configure()
+        cmake.build()
+
+    def test(self):
+        if not cross_building(self):
+            bin_path = os.path.join("bin", "test_package")
+            self.run("{} --sum 1000 700 1".format(bin_path), run_environment=True)
diff --git a/recipes/mbits-args/config.yml b/recipes/mbits-args/config.yml
index 0ea23cbe62531..fba0b105d56ef 100644
--- a/recipes/mbits-args/config.yml
+++ b/recipes/mbits-args/config.yml
@@ -1,3 +1,3 @@
 versions:
-  0.12.3:
+  "0.12.3":
     folder: all