diff --git a/package-lock.json b/package-lock.json
index 043783aab..fe1c75341 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -10,7 +10,7 @@
             "license": "LGPL-3.0",
             "devDependencies": {
                 "@nomicfoundation/hardhat-toolbox": "^3.0.0",
-                "@openzeppelin/contracts": "^3.4.0",
+                "@openzeppelin/contracts": "^4.9.3",
                 "@safe-global/mock-contract": "^4.0.0",
                 "@safe-global/safe-singleton-factory": "^1.0.15",
                 "@types/chai": "^4.3.5",
@@ -1730,9 +1730,9 @@
             }
         },
         "node_modules/@openzeppelin/contracts": {
-            "version": "3.4.2",
-            "resolved": "https://registry.npmjs.org/@openzeppelin/contracts/-/contracts-3.4.2.tgz",
-            "integrity": "sha512-z0zMCjyhhp4y7XKAcDAi3Vgms4T2PstwBdahiO0+9NaGICQKjynK3wduSRplTgk4LXmoO1yfDGO5RbjKYxtuxA==",
+            "version": "4.9.3",
+            "resolved": "https://registry.npmjs.org/@openzeppelin/contracts/-/contracts-4.9.3.tgz",
+            "integrity": "sha512-He3LieZ1pP2TNt5JbkPA4PNT9WC3gOTOlDcFGJW4Le4QKqwmiNJCRt44APfxMxvq7OugU/cqYuPcSBzOw38DAg==",
             "dev": true
         },
         "node_modules/@pkgr/utils": {
diff --git a/package.json b/package.json
index ad5557a78..9e3cfa7fc 100644
--- a/package.json
+++ b/package.json
@@ -50,7 +50,7 @@
     },
     "devDependencies": {
         "@nomicfoundation/hardhat-toolbox": "^3.0.0",
-        "@openzeppelin/contracts": "^3.4.0",
+        "@openzeppelin/contracts": "^4.9.3",
         "@safe-global/mock-contract": "^4.0.0",
         "@safe-global/safe-singleton-factory": "^1.0.15",
         "@types/chai": "^4.3.5",