diff --git a/pbm/storage/s3/retryer.go b/pbm/storage/s3/retryer.go
new file mode 100644
index 000000000..034f6f1b6
--- /dev/null
+++ b/pbm/storage/s3/retryer.go
@@ -0,0 +1,58 @@
+package s3
+
+import (
+	"context"
+	"time"
+	
+	"github.com/aws/aws-sdk-go-v2/aws"
+	"github.com/aws/aws-sdk-go-v2/aws/retry"
+)
+
+type CustomRetryer struct {
+	// base is the AWS standard retryer.
+	base aws.Retryer
+
+	// MinBackoff is the minimum delay that will be returned from RetryDelay.
+	MinBackoff time.Duration
+}
+
+func (r CustomRetryer) IsErrorRetryable(err error) bool {
+	return r.base.IsErrorRetryable(err)
+}
+
+func (r CustomRetryer) MaxAttempts() int {
+	return r.base.MaxAttempts()
+}
+
+func (r CustomRetryer) RetryDelay(attempt int, opErr error) (time.Duration, error) {
+	delay, err := r.base.RetryDelay(attempt, opErr)
+	if err != nil {
+		return delay, err
+	}
+
+	if delay < r.MinBackoff {
+		delay = r.MinBackoff
+	}
+
+	return delay, nil
+}
+
+func (r CustomRetryer) GetRetryToken(ctx context.Context, opErr error) (releaseToken func(error) error, err error) {
+	return r.base.GetRetryToken(ctx, opErr)
+}
+
+func (r CustomRetryer) GetInitialToken() (releaseToken func(error) error) {
+	return r.base.GetInitialToken()
+}
+
+func NewCustomRetryer(numMaxRetries int, minBackoff time.Duration, maxBackoff time.Duration) aws.Retryer {
+	baseRetryer := retry.NewStandard(func(o *retry.StandardOptions) {
+		o.MaxAttempts = numMaxRetries
+		o.MaxBackoff = maxBackoff
+	})
+
+	return &CustomRetryer{
+		base:       baseRetryer,
+		MinBackoff: minBackoff,
+	}
+}
diff --git a/pbm/storage/s3/s3.go b/pbm/storage/s3/s3.go
index b28b2571b..3d73b8ea1 100644
--- a/pbm/storage/s3/s3.go
+++ b/pbm/storage/s3/s3.go
@@ -17,7 +17,6 @@ import (
 	"time"
 
 	"github.com/aws/aws-sdk-go-v2/aws"
-	"github.com/aws/aws-sdk-go-v2/aws/retry"
 	"github.com/aws/aws-sdk-go-v2/config"
 	"github.com/aws/aws-sdk-go-v2/credentials"
 	"github.com/aws/aws-sdk-go-v2/credentials/stscreds"
@@ -578,14 +577,13 @@ func (s *S3) buildLoadOptions() []func(*config.LoadOptions) error {
 	}
 
 	if s.opts.Retryer != nil {
-		customRetryer := func() aws.Retryer {
-			return retry.NewStandard(func(o *retry.StandardOptions) {
-				// v2 MaxAttempts includes the first try
-				o.MaxAttempts = s.opts.Retryer.NumMaxRetries + 1
-				// TODO: determine Backoff based on MinRetryDelay and MaxRetryDelay
-			})
-		}
-		cfgOpts = append(cfgOpts, config.WithRetryer(customRetryer))
+		cfgOpts = append(cfgOpts, config.WithRetryer(func() aws.Retryer {
+			return NewCustomRetryer(
+				s.opts.Retryer.NumMaxRetries,
+				s.opts.Retryer.MinRetryDelay,
+				s.opts.Retryer.MaxRetryDelay,
+			)
+		}))
 	}
 
 	if s.opts.Credentials.AccessKeyID != "" && s.opts.Credentials.SecretAccessKey != "" {