diff --git a/ext/openssl/tests/bug80770.phpt b/ext/openssl/tests/bug80770.phpt
new file mode 100644
index 0000000000000..9100aaa5aa188
--- /dev/null
+++ b/ext/openssl/tests/bug80770.phpt
@@ -0,0 +1,83 @@
+--TEST--
+Bug #80770: SNI_server_certs does not inherit peer verification options
+--EXTENSIONS--
+openssl
+--SKIPIF--
+<?php
+if (!function_exists("proc_open")) die("skip no proc_open");
+if (OPENSSL_VERSION_NUMBER < 0x10101000) die("skip OpenSSL v1.1.1 required");
+?>
+--FILE--
+<?php
+$clientCertFile = __DIR__ . DIRECTORY_SEPARATOR . 'bug80770_client.pem.tmp';
+$caCertFile = __DIR__ . DIRECTORY_SEPARATOR . 'bug80770_ca.pem.tmp';
+
+$serverCode = <<<'CODE'
+    $flags = STREAM_SERVER_BIND|STREAM_SERVER_LISTEN;
+    $ctx = stream_context_create(['ssl' => [
+        'SNI_server_certs' => [
+            "cs.php.net" => __DIR__ . "/sni_server_cs.pem",
+            "uk.php.net" => __DIR__ . "/sni_server_uk.pem",
+            "us.php.net" => __DIR__ . "/sni_server_us.pem"
+        ],
+        'verify_peer' => true,
+        'cafile' => '%s',
+        'capture_peer_cert' => true,
+        'verify_peer_name' => false,
+        'security_level' => 0,
+    ]]);
+    $server = stream_socket_server('tcp://127.0.0.1:0', $errno, $errstr, $flags, $ctx);
+    phpt_notify_server_start($server);
+
+    $client = stream_socket_accept($server, 30);
+    if ($client) {
+        $success = stream_socket_enable_crypto($client, true, STREAM_CRYPTO_METHOD_TLS_SERVER);
+        if ($success) {
+            $options = stream_context_get_options($client);
+            $hasCert = isset($options['ssl']['peer_certificate']);
+            phpt_notify(message: $hasCert ? "CLIENT_CERT_CAPTURED" : "NO_CLIENT_CERT");
+        } else {
+            phpt_notify(message: "TLS_HANDSHAKE_FAILED");
+        }
+    } else {
+        phpt_notify(message: "ACCEPT_FAILED");
+    }
+CODE;
+$serverCode = sprintf($serverCode, $caCertFile);
+
+$clientCode = <<<'CODE'
+    $flags = STREAM_CLIENT_CONNECT;
+    $ctx = stream_context_create(['ssl' => [
+        'verify_peer' => false,
+        'verify_peer_name' => false,
+        'local_cert' => '%s',
+        'peer_name' => 'cs.php.net',
+        'security_level' => 0,
+    ]]);
+    $client = stream_socket_client("tcp://{{ ADDR }}", $errno, $errstr, 30, $flags, $ctx);
+    if ($client) {
+        stream_socket_enable_crypto($client, true, STREAM_CRYPTO_METHOD_TLS_CLIENT);
+    }
+
+    $result = phpt_wait();
+    echo trim($result);
+CODE;
+$clientCode = sprintf($clientCode, $clientCertFile);
+
+include 'CertificateGenerator.inc';
+
+// Generate CA and client certificate signed by that CA
+$certificateGenerator = new CertificateGenerator();
+$certificateGenerator->saveCaCert($caCertFile);
+$certificateGenerator->saveNewCertAsFileWithKey('Bug80770 Test Client', $clientCertFile);
+
+include 'ServerClientTestCase.inc';
+ServerClientTestCase::getInstance()->run($clientCode, $serverCode);
+?>
+--CLEAN--
+<?php
+@unlink(__DIR__ . DIRECTORY_SEPARATOR . 'bug80770_client.pem.tmp');
+@unlink(__DIR__ . DIRECTORY_SEPARATOR . 'bug80770_ca.pem.tmp');
+?>
+--EXPECTF--
+CLIENT_CERT_CAPTURED
diff --git a/ext/openssl/xp_ssl.c b/ext/openssl/xp_ssl.c
index 1c7aabefa1bcd..37ab9c4012d84 100644
--- a/ext/openssl/xp_ssl.c
+++ b/ext/openssl/xp_ssl.c
@@ -1443,7 +1443,8 @@ static SSL_CTX *php_openssl_create_sni_server_ctx(char *cert_path, char *key_pat
 }
 /* }}} */
 
-static zend_result php_openssl_enable_server_sni(php_stream *stream, php_openssl_netstream_data_t *sslsock)  /* {{{ */
+static zend_result php_openssl_enable_server_sni(
+		php_stream *stream, php_openssl_netstream_data_t *sslsock, bool verify_peer)
 {
 	zval *val;
 	zval *current;
@@ -1564,6 +1565,12 @@ static zend_result php_openssl_enable_server_sni(php_stream *stream, php_openssl
 			return FAILURE;
 		}
 
+		if (!verify_peer) {
+			php_openssl_disable_peer_verification(ctx, stream);
+		} else if (FAILURE == php_openssl_enable_peer_verification(ctx, stream)) {
+			return FAILURE;
+		}
+
 		sslsock->sni_certs[i].name = pestrdup(ZSTR_VAL(key), php_stream_is_persistent(stream));
 		sslsock->sni_certs[i].ctx = ctx;
 		++i;
@@ -1574,7 +1581,6 @@ static zend_result php_openssl_enable_server_sni(php_stream *stream, php_openssl
 
 	return SUCCESS;
 }
-/* }}} */
 
 static void php_openssl_enable_client_sni(php_stream *stream, php_openssl_netstream_data_t *sslsock) /* {{{ */
 {
@@ -1666,6 +1672,7 @@ zend_result php_openssl_setup_crypto(php_stream *stream,
 	char *cipherlist = NULL;
 	char *alpn_protocols = NULL;
 	zval *val;
+	bool verify_peer = false;
 
 	if (sslsock->ssl_handle) {
 		if (sslsock->s.is_blocked) {
@@ -1717,8 +1724,11 @@ zend_result php_openssl_setup_crypto(php_stream *stream,
 
 	if (GET_VER_OPT("verify_peer") && !zend_is_true(val)) {
 		php_openssl_disable_peer_verification(sslsock->ctx, stream);
-	} else if (FAILURE == php_openssl_enable_peer_verification(sslsock->ctx, stream)) {
-		return FAILURE;
+	} else {
+		verify_peer = true;
+		if (FAILURE == php_openssl_enable_peer_verification(sslsock->ctx, stream)) {
+			return FAILURE;
+		}
 	}
 
 	/* callback for the passphrase (for localcert) */
@@ -1819,7 +1829,7 @@ zend_result php_openssl_setup_crypto(php_stream *stream,
 
 #ifdef HAVE_TLS_SNI
 	/* Enable server-side SNI */
-	if (!sslsock->is_client && php_openssl_enable_server_sni(stream, sslsock) == FAILURE) {
+	if (!sslsock->is_client && php_openssl_enable_server_sni(stream, sslsock, verify_peer) == FAILURE) {
 		return FAILURE;
 	}
 #endif