diff --git a/examples/configuration.yaml b/examples/configuration.yaml
index 6dab3aa..c1a0cb8 100644
--- a/examples/configuration.yaml
+++ b/examples/configuration.yaml
@@ -3,4 +3,4 @@ kind: Configuration
 metadata:
   name: configuration-aws-eks-pod-identity
 spec:
-  package: xpkg.upbound.io/upbound/configuration-aws-eks-pod-identity:v0.4.0
+  package: xpkg.upbound.io/upbound/configuration-aws-eks-pod-identity:v0.5.0