diff --git a/tools/base/requirements.txt b/tools/base/requirements.txt
index daa7a656de1cf..4743f02e01a94 100644
--- a/tools/base/requirements.txt
+++ b/tools/base/requirements.txt
@@ -1000,7 +1000,7 @@ yarl==1.7.2 \
     # via aiohttp
 
 # The following packages are considered to be unsafe in a requirements file:
-setuptools==62.3.2 \
-    --hash=sha256:68e45d17c9281ba25dc0104eadd2647172b3472d9e01f911efa57965e8d51a36 \
-    --hash=sha256:a43bdedf853c670e5fed28e5623403bad2f73cf02f9a2774e91def6bda8265a7
+setuptools==63.3.0 \
+    --hash=sha256:273b6847ae61f7829c1affcdd9a32f67aa65233be508f4fbaab866c5faa4e408 \
+    --hash=sha256:d5340d16943a0f67057329db59b564e938bb3736c6e50ae16ea84d5e5d9ba6d0
     # via -r requirements.in