diff --git a/Makefile b/Makefile
index 550aae1228..9f67c62c28 100644
--- a/Makefile
+++ b/Makefile
@@ -307,7 +307,7 @@ CONTROLLER_TOOLS_VERSION ?= v0.14.0
 CRD_MARKDOWN_VERSION ?= v0.0.3
 KUTTL_VERSION ?= 0.17.0
 GOTOOLCHAIN_VERSION ?= go1.21.0
-OC_VERSION ?= 4.14.0
+OC_VERSION ?= 4.16.0
 
 KUSTOMIZE_INSTALL_SCRIPT ?= "https://raw.githubusercontent.com/kubernetes-sigs/kustomize/master/hack/install_kustomize.sh"
 .PHONY: kustomize