diff --git a/src/qweb/extensions.ts b/src/qweb/extensions.ts
index d3918a46..c3176c1a 100644
--- a/src/qweb/extensions.ts
+++ b/src/qweb/extensions.ts
@@ -206,7 +206,7 @@ QWeb.addDirective({
       ctx.addLine(`result = {}`);
     }
     ctx.addLine(
-      `slot${slotKey}.call(this, context.__owl__.parent, Object.assign({}, extra, {parentNode: ${parentNode}, vars: extra.vars, parent: owner}));`
+      `slot${slotKey}.call(this, context.__owl__.parent, Object.assign({}, extra, {parentNode: ${parentNode}, vars: extra.vars, parent: extra.parent || owner}));`
     );
     if (!ctx.parentNode) {
       ctx.addLine(`utils.defineProxy(result, ${parentNode}[0]);`);
diff --git a/tests/component/__snapshots__/component.test.ts.snap b/tests/component/__snapshots__/component.test.ts.snap
index eedf9e73..0b3c1ad5 100644
--- a/tests/component/__snapshots__/component.test.ts.snap
+++ b/tests/component/__snapshots__/component.test.ts.snap
@@ -1341,14 +1341,14 @@ exports[`t-slot directive can define and call slots 2`] = `
     c8.push(vn9);
     const slot10 = this.constructor.slots[context.__owl__.slotId + '_' + 'header'];
     if (slot10) {
-        slot10.call(this, context.__owl__.parent, Object.assign({}, extra, {parentNode: c9, vars: extra.vars, parent: owner}));
+        slot10.call(this, context.__owl__.parent, Object.assign({}, extra, {parentNode: c9, vars: extra.vars, parent: extra.parent || owner}));
     }
     let c11 = [], p11 = {key:11};
     var vn11 = h('div', p11, c11);
     c8.push(vn11);
     const slot12 = this.constructor.slots[context.__owl__.slotId + '_' + 'footer'];
     if (slot12) {
-        slot12.call(this, context.__owl__.parent, Object.assign({}, extra, {parentNode: c11, vars: extra.vars, parent: owner}));
+        slot12.call(this, context.__owl__.parent, Object.assign({}, extra, {parentNode: c11, vars: extra.vars, parent: extra.parent || owner}));
     }
     return vn8;
 }"
@@ -1489,7 +1489,7 @@ exports[`t-slot directive slots are rendered with proper context, part 2 1`] = `
     var vn14 = h('a', p14, c14);
     const slot15 = this.constructor.slots[context.__owl__.slotId + '_' + 'default'];
     if (slot15) {
-        slot15.call(this, context.__owl__.parent, Object.assign({}, extra, {parentNode: c14, vars: extra.vars, parent: owner}));
+        slot15.call(this, context.__owl__.parent, Object.assign({}, extra, {parentNode: c14, vars: extra.vars, parent: extra.parent || owner}));
     }
     return vn14;
 }"
@@ -1589,7 +1589,7 @@ exports[`t-slot directive slots are rendered with proper context, part 3 1`] = `
     var vn14 = h('a', p14, c14);
     const slot15 = this.constructor.slots[context.__owl__.slotId + '_' + 'default'];
     if (slot15) {
-        slot15.call(this, context.__owl__.parent, Object.assign({}, extra, {parentNode: c14, vars: extra.vars, parent: owner}));
+        slot15.call(this, context.__owl__.parent, Object.assign({}, extra, {parentNode: c14, vars: extra.vars, parent: extra.parent || owner}));
     }
     return vn14;
 }"
@@ -1745,7 +1745,7 @@ exports[`t-slot directive template can just return a slot 1`] = `
     if (slot10) {
         let children11= []
         result = {}
-        slot10.call(this, context.__owl__.parent, Object.assign({}, extra, {parentNode: children11, vars: extra.vars, parent: owner}));
+        slot10.call(this, context.__owl__.parent, Object.assign({}, extra, {parentNode: children11, vars: extra.vars, parent: extra.parent || owner}));
         utils.defineProxy(result, children11[0]);
     }
     return result;
diff --git a/tests/component/component.test.ts b/tests/component/component.test.ts
index 2a3d255a..20ef345b 100644
--- a/tests/component/component.test.ts
+++ b/tests/component/component.test.ts
@@ -4069,6 +4069,37 @@ describe("t-slot directive", () => {
     expect(childrenChildren[0]).toBeInstanceOf(GrandChild);
   });
 
+  test("nested slots: evaluation context and parented relationship", async () => {
+    let slot;
+    class Slot extends Component<any, any> {
+      static template = xml`<span t-esc="props.val"/>`;
+      constructor(parent, props) {
+        super(parent, props);
+        slot = this;
+      }
+    }
+    class GrandChild extends Component<any, any> {
+      static template = xml`<div><t t-slot="default"/></div>`;
+    }
+    class Child extends Component<any, any> {
+      static components = { GrandChild };
+      static template = xml`
+        <GrandChild>
+          <t t-slot="default"/>
+        </GrandChild>`;
+    }
+    class Parent extends Component<any, any> {
+      static components = { Child, Slot };
+      static template = xml`<Child><Slot val="state.val"/></Child>`;
+      state = useState({ val: 3 });
+    }
+    const parent = new Parent();
+    await parent.mount(fixture);
+
+    expect(fixture.innerHTML).toBe("<div><span>3</span></div>");
+    expect(slot.__owl__.parent).toBeInstanceOf(GrandChild);
+  });
+
   test("slot are properly rendered if inner props are changed", async () => {
     env.qweb.addTemplates(`
     <templates>
diff --git a/tests/router/__snapshots__/link.test.ts.snap b/tests/router/__snapshots__/link.test.ts.snap
index f184b404..b10fc996 100644
--- a/tests/router/__snapshots__/link.test.ts.snap
+++ b/tests/router/__snapshots__/link.test.ts.snap
@@ -14,7 +14,7 @@ exports[`Link component can render simple cases 1`] = `
     p8.on['click'] = extra.handlers['click' + 8];
     const slot9 = this.constructor.slots[context.__owl__.slotId + '_' + 'default'];
     if (slot9) {
-        slot9.call(this, context.__owl__.parent, Object.assign({}, extra, {parentNode: c8, vars: extra.vars, parent: owner}));
+        slot9.call(this, context.__owl__.parent, Object.assign({}, extra, {parentNode: c8, vars: extra.vars, parent: extra.parent || owner}));
     }
     return vn8;
 }"