diff --git a/component-settings.yaml b/component-settings.yaml
index 9a42ce6..544b980 100644
--- a/component-settings.yaml
+++ b/component-settings.yaml
@@ -3,7 +3,7 @@ COMPONENTS_LOCATION: ${REPOSITORY_CONTEXT}/components
 KUSTOMIZATIONS_LOCATION_PREFIX: ${REPOSITORY_CONTEXT}/observability-stack/kustomizations
 
 # cert-manager
-CERT_MANAGER_VERSION: "v1.20.0"
+CERT_MANAGER_VERSION: "v1.20.1"
 
 # metrics-operator
 METRICS_OPERATOR_VERSION: "v0.10.1"