diff --git a/Makefile b/Makefile
index 693d237..3df6728 100644
--- a/Makefile
+++ b/Makefile
@@ -14,7 +14,7 @@ CERTMANAGER_VERSION := v1.11.1
 # renovate: datasource=github-releases depName=cloudnative-pg/cloudnative-pg
 CNPG_VERSION := v1.19.1
 # renovate: datasource=github-releases depName=minio/operator
-MINIO_VERSION := v4.5.8
+MINIO_VERSION := v5.0.3
 
 .PHONY: all
 all: clean generate