diff --git a/components.yaml b/components.yaml
index 1d23095fa..4f539ab31 100644
--- a/components.yaml
+++ b/components.yaml
@@ -19,10 +19,10 @@ components:
     metadata: v0.46.0
   kubevirt-ipam-controller:
     url: https://github.com/kubevirt/ipam-extensions
-    commit: 05b47ce2becb896cd79ec5696663121ff52fb2c7
+    commit: a1ee313f0ee9653190bf6dc1f850bdfc7cb209b5
     branch: main
     update-policy: tagged
-    metadata: v0.2.0
+    metadata: v0.2.1
   linux-bridge:
     url: https://github.com/containernetworking/plugins
     commit: c29dc79f96cd50452a247a4591443d2aac033429
diff --git a/pkg/components/components.go b/pkg/components/components.go
index c9a47b2fb..a19ae7172 100644
--- a/pkg/components/components.go
+++ b/pkg/components/components.go
@@ -40,8 +40,8 @@ const (
 	KubeRbacProxyImageDefault          = "quay.io/brancz/kube-rbac-proxy@sha256:e6a323504999b2a4d2a6bf94f8580a050378eba0900fd31335cf9df5787d9a9b"
 	KubeSecondaryDNSImageDefault       = "ghcr.io/kubevirt/kubesecondarydns@sha256:8273cdbc438e06864eaa8e47947bea18fa5118a97cdaddc41b5dfa6e13474c79"
 	CoreDNSImageDefault                = "registry.k8s.io/coredns/coredns@sha256:a0ead06651cf580044aeb0a0feba63591858fb2e43ade8c9dea45a6a89ae7e5e"
-	KubevirtIpamControllerImageDefault = "ghcr.io/kubevirt/ipam-controller@sha256:9c756a568ec6c5988767d98f69d18a333915805f9cf72bd16c2d7b78e561ef54"
-	PasstBindingCNIImageDefault        = "ghcr.io/kubevirt/passt-binding-cni@sha256:e3112f70dec1adc7ce531250f1207f03152722df80e3f671946d47dce0a5ddbc"
+	KubevirtIpamControllerImageDefault = "ghcr.io/kubevirt/ipam-controller@sha256:fd7c38e129ea4ed8a86d1801c9e1ca387802376fc4abc0b0d228d4278f448ecd"
+	PasstBindingCNIImageDefault        = "ghcr.io/kubevirt/passt-binding-cni@sha256:f3fea2ec66a26850489197edf7c85d074eb78bbac52916b10016ac0de8ef7c14"
 )
 
 type AddonsImages struct {
diff --git a/test/releases/99.0.0.go b/test/releases/99.0.0.go
index 8f47e2ad4..8fe621290 100644
--- a/test/releases/99.0.0.go
+++ b/test/releases/99.0.0.go
@@ -84,13 +84,13 @@ func init() {
 				ParentName: "kubevirt-ipam-controller-manager",
 				ParentKind: "Deployment",
 				Name:       "manager",
-				Image:      "ghcr.io/kubevirt/ipam-controller@sha256:9c756a568ec6c5988767d98f69d18a333915805f9cf72bd16c2d7b78e561ef54",
+				Image:      "ghcr.io/kubevirt/ipam-controller@sha256:fd7c38e129ea4ed8a86d1801c9e1ca387802376fc4abc0b0d228d4278f448ecd",
 			},
 			{
 				ParentName: "passt-binding-cni",
 				ParentKind: "DaemonSet",
 				Name:       "installer",
-				Image:      "ghcr.io/kubevirt/passt-binding-cni@sha256:e3112f70dec1adc7ce531250f1207f03152722df80e3f671946d47dce0a5ddbc",
+				Image:      "ghcr.io/kubevirt/passt-binding-cni@sha256:f3fea2ec66a26850489197edf7c85d074eb78bbac52916b10016ac0de8ef7c14",
 			},
 		},
 		SupportedSpec: cnao.NetworkAddonsConfigSpec{