diff --git a/sycl/include/CL/sycl/detail/pi.hpp b/sycl/include/CL/sycl/detail/pi.hpp
index e1f75f7bf2d6e..13790dbdf5773 100644
--- a/sycl/include/CL/sycl/detail/pi.hpp
+++ b/sycl/include/CL/sycl/detail/pi.hpp
@@ -369,6 +369,13 @@ class DeviceBinaryImage {
     return AssertUsed;
   }
   const PropertyRange &getProgramMetadata() const { return ProgramMetadata; }
+  const PropertyRange getExportedSymbols() const {
+    // We can't have this variable as a class member, since it would break
+    // the ABI backwards compatibility.
+    DeviceBinaryImage::PropertyRange ExportedSymbols;
+    ExportedSymbols.init(Bin, __SYCL_PI_PROPERTY_SET_SYCL_EXPORTED_SYMBOLS);
+    return ExportedSymbols;
+  }
   virtual ~DeviceBinaryImage() {}
 
 protected:
diff --git a/sycl/source/detail/program_manager/program_manager.cpp b/sycl/source/detail/program_manager/program_manager.cpp
index 26171139b6a81..7706318553abb 100644
--- a/sycl/source/detail/program_manager/program_manager.cpp
+++ b/sycl/source/detail/program_manager/program_manager.cpp
@@ -1059,6 +1059,12 @@ void ProgramManager::addImages(pi_device_binaries DeviceBinary) {
       KernelSetId KSId = getNextKernelSetId();
       {
         std::lock_guard<std::mutex> KernelIDsGuard(m_KernelIDsMutex);
+
+        // Register all exported symbols
+        auto ExportedSymbols = Img->getExportedSymbols();
+        for (const pi_device_binary_property &ExportedSymbol : ExportedSymbols)
+          m_ExportedSymbols.insert(ExportedSymbol->Name);
+
         for (_pi_offload_entry EntriesIt = EntriesB; EntriesIt != EntriesE;
              ++EntriesIt) {
           auto Result = KSIdMap.insert(std::make_pair(EntriesIt->name, KSId));
@@ -1074,6 +1080,13 @@ void ProgramManager::addImages(pi_device_binaries DeviceBinary) {
             continue;
           }
 
+          // Skip creating unique kernel ID if it is an exported device
+          // function. Exported device functions appear in the offload entries
+          // among kernels, but are identifiable by being listed in properties.
+          if (m_ExportedSymbols.find(EntriesIt->name) !=
+              m_ExportedSymbols.end())
+            continue;
+
           // ... and create a unique kernel ID for the entry
           std::shared_ptr<detail::kernel_id_impl> KernelIDImpl =
               std::make_shared<detail::kernel_id_impl>(EntriesIt->name);
@@ -1373,9 +1386,11 @@ ProgramManager::getSYCLDeviceImagesWithCompatibleState(
           auto KernelID = m_KernelIDs.find(EntriesIt->name);
 
           if (KernelID == m_KernelIDs.end()) {
-            // Service kernels do not have kernel IDs
-            assert(m_ServiceKernels.find(EntriesIt->name) !=
-                       m_ServiceKernels.end() &&
+            // Service kernels and exported symbols do not have kernel IDs
+            assert((m_ServiceKernels.find(EntriesIt->name) !=
+                        m_ServiceKernels.end() ||
+                    m_ExportedSymbols.find(EntriesIt->name) !=
+                        m_ExportedSymbols.end()) &&
                    "Kernel ID in device binary missing from cache");
             continue;
           }
diff --git a/sycl/source/detail/program_manager/program_manager.hpp b/sycl/source/detail/program_manager/program_manager.hpp
index 490118221206d..816ac8260b798 100644
--- a/sycl/source/detail/program_manager/program_manager.hpp
+++ b/sycl/source/detail/program_manager/program_manager.hpp
@@ -299,6 +299,11 @@ class ProgramManager {
   /// Access must be guarded by the m_KernelIDsMutex mutex.
   std::unordered_set<std::string> m_ServiceKernels;
 
+  /// Caches all exported symbols to allow faster lookup when excluding these
+  // from kernel bundles.
+  /// Access must be guarded by the m_KernelIDsMutex mutex.
+  std::unordered_set<std::string> m_ExportedSymbols;
+
   // Keeps track of pi_program to image correspondence. Needed for:
   // - knowing which specialization constants are used in the program and
   //   injecting their current values before compiling the SPIR-V; the binary