diff --git a/build/dependencies.yaml b/build/dependencies.yaml
index 87ece95a08f..f3637bfe181 100644
--- a/build/dependencies.yaml
+++ b/build/dependencies.yaml
@@ -11,7 +11,7 @@ dependencies:
   #
   # ref: https://github.com/kubernetes/kubernetes/pull/98845
   - name: "zeitgeist"
-    version: "v0.5.3"
+    version: "v0.5.4"
     refPaths:
     - path: hack/verify-external-dependencies-version.sh
       match: sigs.k8s.io/zeitgeist@v.*
diff --git a/hack/verify-external-dependencies-version.sh b/hack/verify-external-dependencies-version.sh
index 9b39e870561..4734f199e09 100755
--- a/hack/verify-external-dependencies-version.sh
+++ b/hack/verify-external-dependencies-version.sh
@@ -31,7 +31,7 @@ export GOBIN="${KUBE_OUTPUT_BIN}"
 PATH="${GOBIN}:${PATH}"
 
 # Install zeitgeist
-go install sigs.k8s.io/zeitgeist@v0.5.3
+go install sigs.k8s.io/zeitgeist@v0.5.4
 
 # Prefer full path for running zeitgeist
 ZEITGEIST_BIN="$(which zeitgeist)"