diff --git a/charts/enterprise/velero/Chart.yaml b/charts/enterprise/velero/Chart.yaml
index 8e5d79b7b47..b093d568355 100644
--- a/charts/enterprise/velero/Chart.yaml
+++ b/charts/enterprise/velero/Chart.yaml
@@ -1,7 +1,7 @@
 kubeVersion: ">=1.24.0-0"
 apiVersion: v2
 name: velero
-version: 3.0.2
+version: 3.0.3
 appVersion: latest
 description: Velero is a kubernetes-native backup solution
 home: https://truecharts.org/charts/incubator/velero