diff --git a/crossplane.yaml b/crossplane.yaml
index 59d2cbb..7857a18 100644
--- a/crossplane.yaml
+++ b/crossplane.yaml
@@ -22,7 +22,7 @@ spec:
   dependsOn:
     - provider: xpkg.upbound.io/upbound/provider-vault
       # renovate: datasource=github-releases depName=upbound/provider-vault
-      version: "v0.3.0"
+      version: "v0.4.0"
     - provider: xpkg.upbound.io/crossplane-contrib/provider-helm
       # renovate: datasource=github-releases depName=crossplane-contrib/provider-helm
       version: "v0.16.0"