diff --git a/arch/x86/kvm/svm/svm.c b/arch/x86/kvm/svm/svm.c
index 85816c4186b9..853a86dfc8f1 100644
--- a/arch/x86/kvm/svm/svm.c
+++ b/arch/x86/kvm/svm/svm.c
@@ -2358,12 +2358,13 @@ static int vmload_vmsave_interception(struct kvm_vcpu *vcpu, bool vmload)
 
 	ret = kvm_skip_emulated_instruction(vcpu);
 
+	/* KVM always performs VMLOAD/VMSAVE on VMCB01 (see __svm_vcpu_run()) */
 	if (vmload) {
-		svm_copy_vmloadsave_state(svm->vmcb, vmcb12);
+		svm_copy_vmloadsave_state(svm->vmcb01.ptr, vmcb12);
 		svm->sysenter_eip_hi = 0;
 		svm->sysenter_esp_hi = 0;
 	} else {
-		svm_copy_vmloadsave_state(vmcb12, svm->vmcb);
+		svm_copy_vmloadsave_state(vmcb12, svm->vmcb01.ptr);
 	}
 
 	kvm_vcpu_unmap(vcpu, &map, true);