diff --git a/charts/enterprise/metallb/Chart.yaml b/charts/enterprise/metallb/Chart.yaml
index bd292dd03f5..21afdd0844e 100644
--- a/charts/enterprise/metallb/Chart.yaml
+++ b/charts/enterprise/metallb/Chart.yaml
@@ -22,7 +22,7 @@ sources:
   - https://github.com/metallb/metallb
   - https://metallb.universe.tf
 type: application
-version: 5.0.2
+version: 5.0.3
 annotations:
   truecharts.org/catagories: |
     - core