diff --git a/apps/web/package.json b/apps/web/package.json
index 366b0c30..e1d973a2 100644
--- a/apps/web/package.json
+++ b/apps/web/package.json
@@ -97,7 +97,7 @@
     "@mdx-js/react": "^3.0.1",
     "@next/bundle-analyzer": "^15.0.4",
     "@next/mdx": "^15.0.4",
-    "@openzeppelin/contracts": "^4.9.6",
+    "@openzeppelin/contracts": "^5.4.0",
     "@safe-global/safe-core-sdk-types": "^5.0.1",
     "@safe-global/test": "workspace:^",
     "@sentry/types": "^7.74.0",
diff --git a/yarn.lock b/yarn.lock
index 3df68b97..1ebb65be 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -6210,13 +6210,6 @@ __metadata:
   languageName: node
   linkType: hard
 
-"@openzeppelin/contracts@npm:^4.9.6":
-  version: 4.9.6
-  resolution: "@openzeppelin/contracts@npm:4.9.6"
-  checksum: 10/71f45ad42e68c0559be4ba502115462a01c76fc805c08d3005c10b5550a093f1a2b00b2d7e9d6d1f331e147c50fd4ad832f71c4470ec5b34f5a2d0751cd19a47
-  languageName: node
-  linkType: hard
-
 "@openzeppelin/contracts@npm:^5.0.0":
   version: 5.1.0
   resolution: "@openzeppelin/contracts@npm:5.1.0"
@@ -6224,6 +6217,13 @@ __metadata:
   languageName: node
   linkType: hard
 
+"@openzeppelin/contracts@npm:^5.4.0":
+  version: 5.4.0
+  resolution: "@openzeppelin/contracts@npm:5.4.0"
+  checksum: 10/4f7f926ebd98279ba8223cae5d2cd38e0806e60e3e3a615c9d739ffab870ffab7a1e85f47092faa123c0f26d1699ca15252adea8bcdcaf360b21781acc93b218
+  languageName: node
+  linkType: hard
+
 "@parcel/watcher-android-arm64@npm:2.5.0":
   version: 2.5.0
   resolution: "@parcel/watcher-android-arm64@npm:2.5.0"
@@ -7578,7 +7578,7 @@ __metadata:
     "@mui/x-date-pickers": "npm:^7.23.3"
     "@next/bundle-analyzer": "npm:^15.0.4"
     "@next/mdx": "npm:^15.0.4"
-    "@openzeppelin/contracts": "npm:^4.9.6"
+    "@openzeppelin/contracts": "npm:^5.4.0"
     "@reduxjs/toolkit": "npm:^2.5.0"
     "@reown/walletkit": "npm:^1.1.1"
     "@safe-global/api-kit": "npm:^2.4.6"