The high-flying veteran was off-contract this year, being among a handful of key Collingwood players yet to recommit to the club past 2022.
However, the 31-year-old has secured his future for another year at the Holden Centre, with 2023 set to be the former Demon's eighth in black and white.
While Collingwood didn't publicly announce Howe's new deal, the 195-gamer is revealed to have extended his service with the club late last year.
"I'm loving my time here," Howe told 7 News.
"I feel like I'm as excited and hungry to keep playing. I feel like good things are to come. How long that takes? I hope I'm a part of it."
Howe is currently nursing an abductor injury ahead of his side's AAMI Community Series clash against the Giants on Sunday, with the backman set to remain sidelined as he eyes a return for the Magpies' Round 1 bout with St Kilda on Friday, March 18.
While injuries have continued to hamper Howe's career, the Tasmanian remains excited for the year ahead; Collingwood's first under senior coach Craig McRae.
"I'm probably as excited as I've ever been, even speaking to 'Pendles' he's kind of like 'everything has a new fresh feel to it'," he added.
"There were times there where I was like: 'am I gonna get my body back to what it was'?"
A re-invigorated Jeremy Howe says he's back to his high-flying best after a horror run with injury. 7NEWS can reveal the Collingwood star has quietly put pen to paper on a contract extension. https://t.co/5zYfOfohG3 @_AMcCormack7 @7AFL #7AFL #7NEWS pic.twitter.com/Isue8x06nI
— 7NEWS Melbourne (@7NewsMelbourne) March 1, 2022
Howe isn't the only Magpies star under an injury cloud, with forward Jordan De Goey currently battling a rib injury just 16 days from his side's first match of the 2022 premiership season.
Unlike Howe, De Goey will be continuing to weigh up his future with the Magpies, currently unsigned past this year.
"[With] the contractual stuff he understands it's a big year for himself," Howe said on De Goey.
"He's gonna give himself every chance to be able to perform, and that's what we expect of him."
Both Howe and De Goey are tipped to be fit in time for Collingwood's season opener against the Saints, with key defender Jordan Roughead already confirmed to miss the match after requiring surgery on his shoulder.