diff --git a/tools/base/requirements.txt b/tools/base/requirements.txt
index 24e01eba87fb7..2f22d7c32bede 100644
--- a/tools/base/requirements.txt
+++ b/tools/base/requirements.txt
@@ -1048,7 +1048,7 @@ yarl==1.7.2 \
     #   aiohttp
 
 # The following packages are considered to be unsafe in a requirements file:
-setuptools==63.4.1 \
-    --hash=sha256:7c7854ee1429a240090297628dc9f75b35318d193537968e2dc14010ee2f5bca \
-    --hash=sha256:dc2662692f47d99cb8ae15a784529adeed535bcd7c277fee0beccf961522baf6
+setuptools==63.4.3 \
+    --hash=sha256:521c833d1e5e1ef0869940e7f486a83de7773b9f029010ad0c2fe35453a9dad9 \
+    --hash=sha256:7f61f7e82647f77d4118eeaf43d64cbcd4d87e38af9611694d4866eb070cd10d
     # via -r requirements.in