diff --git a/releases.yaml b/releases.yaml
index f0a5dad..d3e18ae 100644
--- a/releases.yaml
+++ b/releases.yaml
@@ -101,7 +101,7 @@ templates:
   argocd: &argocd
     name: argocd
     chart: argo/argo-cd
-    version: 5.34.2
+    version: 5.34.5
     inherit:
       - template: default-env-values
       - template: default-env-secrets