diff --git a/stand/uboot/Makefile b/stand/uboot/Makefile
--- a/stand/uboot/Makefile
+++ b/stand/uboot/Makefile
@@ -15,9 +15,9 @@
 
 .include "${.CURDIR}/arch/${MACHINE_CPUARCH}/Makefile.inc"
 
-.if ${MK_PIE} == "yes"
+LOADER_UBLDR_BIN?=	yes
+.if ${LOADER_UBLDR_BIN} != "no"
 FILES+=		ubldr ubldr.bin
-OBJS+=  ${SRCS:N*.h:R:S/$/.o/g}
 .else
 PROG=		ubldr
 .endif
@@ -75,6 +75,11 @@
 CFLAGS+= -DDISK_DEBUG
 .endif
 
+.if ${LOADER_UBLDR_BIN} != "no"
+OBJS+=  ${SRCS:N*.h:R:S/$/.o/g}
+ubldr ubldr.bin ubldr.pie: ${OBJS}
+.endif
+
 DPADD=		${LDR_INTERP} ${LIBFDT} ${LIBSA}
 LDADD=		${LDR_INTERP} ${LIBFDT} ${LIBSA}
 
diff --git a/stand/uboot/arch/powerpc/Makefile.inc b/stand/uboot/arch/powerpc/Makefile.inc
--- a/stand/uboot/arch/powerpc/Makefile.inc
+++ b/stand/uboot/arch/powerpc/Makefile.inc
@@ -3,4 +3,4 @@
 .PATH:		${SYSDIR}/libkern
 SRCS+=		ucmpdi2.c
 
-MK_PIE=		no
+LOADER_UBLDR_BIN=	no