diff --git a/go.mod b/go.mod
index cb82c59..1b833ab 100644
--- a/go.mod
+++ b/go.mod
@@ -20,7 +20,7 @@ require (
 	k8s.io/api v0.29.1
 	k8s.io/apimachinery v0.29.1
 	sigs.k8s.io/cluster-api v1.5.3
-	sigs.k8s.io/cluster-api-provider-aws/v2 v2.2.4
+	sigs.k8s.io/cluster-api-provider-aws/v2 v2.3.1
 	sigs.k8s.io/controller-runtime v0.16.3
 	sigs.k8s.io/controller-tools v0.13.0
 )
@@ -78,8 +78,8 @@ require (
 	github.com/prometheus/common v0.45.0 // indirect
 	github.com/prometheus/procfs v0.12.0 // indirect
 	github.com/spf13/afero v1.10.0 // indirect
-	github.com/spf13/cobra v1.7.0 // indirect
-	github.com/spf13/pflag v1.0.5 // indirect
+	github.com/spf13/cobra v1.8.0 // indirect
+	github.com/spf13/pflag v1.0.6-0.20210604193023-d5e0c0615ace // indirect
 	go.uber.org/multierr v1.11.0 // indirect
 	go.uber.org/zap v1.26.0 // indirect
 	golang.org/x/crypto v0.17.0 // indirect
diff --git a/go.sum b/go.sum
index a3c6533..cf196a4 100644
--- a/go.sum
+++ b/go.sum
@@ -105,6 +105,7 @@ github.com/cncf/udpa/go v0.0.0-20191209042840-269d4d468f6f/go.mod h1:M8M6+tZqaGX
 github.com/cncf/udpa/go v0.0.0-20200629203442-efcf912fb354/go.mod h1:WmhPx2Nbnhtbo57+VJT5O0JRkEi1Wbu0z5j0R8u5Hbk=
 github.com/cncf/udpa/go v0.0.0-20201120205902-5459f2c99403/go.mod h1:WmhPx2Nbnhtbo57+VJT5O0JRkEi1Wbu0z5j0R8u5Hbk=
 github.com/cpuguy83/go-md2man/v2 v2.0.2/go.mod h1:tgQtvFlXSQOSOSIRvRPT7W67SCa46tRHOmNcaadrF8o=
+github.com/cpuguy83/go-md2man/v2 v2.0.3/go.mod h1:tgQtvFlXSQOSOSIRvRPT7W67SCa46tRHOmNcaadrF8o=
 github.com/creack/pty v1.1.9/go.mod h1:oKZEueFk5CKHvIhNR5MUki03XCEU+Q6VDXinZuGJ33E=
 github.com/crossplane/crossplane-runtime v1.14.1 h1:TCa7R1N4bDGHjsLhiRxR/mUhwmistlMACHm0kiiYKck=
 github.com/crossplane/crossplane-runtime v1.14.1/go.mod h1:aOP+5W2wKpvthVs3pFNbVOe1jwrKYbJho0ThGNCVz9o=
@@ -349,8 +350,11 @@ github.com/spf13/afero v1.10.0 h1:EaGW2JJh15aKOejeuJ+wpFSHnbd7GE6Wvp3TsNhb6LY=
 github.com/spf13/afero v1.10.0/go.mod h1:UBogFpq8E9Hx+xc5CNTTEpTnuHVmXDwZcZcE1eb/UhQ=
 github.com/spf13/cobra v1.7.0 h1:hyqWnYt1ZQShIddO5kBpj3vu05/++x6tJ6dg8EC572I=
 github.com/spf13/cobra v1.7.0/go.mod h1:uLxZILRyS/50WlhOIKD7W6V5bgeIt+4sICxh6uRMrb0=
+github.com/spf13/cobra v1.8.0/go.mod h1:WXLWApfZ71AjXPya3WOlMsY9yMs7YeiHhFVlvLyhcho=
 github.com/spf13/pflag v1.0.5 h1:iy+VFUOCP1a+8yFto/drg2CJ5u0yRoB7fZw3DKv/JXA=
 github.com/spf13/pflag v1.0.5/go.mod h1:McXfInJRrz4CZXVZOBLb0bTZqETkiAhM9Iw0y3An2Bg=
+github.com/spf13/pflag v1.0.6-0.20210604193023-d5e0c0615ace h1:9PNP1jnUjRhfmGMlkXHjYPishpcw4jpSt/V/xYY3FMA=
+github.com/spf13/pflag v1.0.6-0.20210604193023-d5e0c0615ace/go.mod h1:McXfInJRrz4CZXVZOBLb0bTZqETkiAhM9Iw0y3An2Bg=
 github.com/stretchr/objx v0.1.0/go.mod h1:HFkY916IF+rwdDfMAkV7OtwuqBVzrE8GR6GFx+wExME=
 github.com/stretchr/objx v0.4.0/go.mod h1:YvHI0jy2hoMjB+UWwv71VJQ9isScKT/TqJzVSSt89Yw=
 github.com/stretchr/objx v0.5.0/go.mod h1:Yh+to48EsGEfYuaHDzXPcE3xhTkx73EhmCGUpEOglKo=
@@ -771,6 +775,8 @@ sigs.k8s.io/cluster-api v1.5.3 h1:TtxneDCps14sZ9bNr515ivBRMj9OwUE6mRUr6l7fSBA=
 sigs.k8s.io/cluster-api v1.5.3/go.mod h1:0fMUk93Wf7AkQHIWLbDoKsiUHaMxnpqfLMlVmx8DX7Q=
 sigs.k8s.io/cluster-api-provider-aws/v2 v2.2.4 h1:UhSy3PnQY+qFAWsgLxj7CIDLfZ1y4XjaGYr60zLbV5w=
 sigs.k8s.io/cluster-api-provider-aws/v2 v2.2.4/go.mod h1:fFCAeT/b1Xr0/TdlR83m1FZfHAF3XrIouWSDUtRi+P4=
+sigs.k8s.io/cluster-api-provider-aws/v2 v2.3.1 h1:0HmdPYMYdgmPGETOMhQ0HQzVhDPmdExb/QBiR8YpV5A=
+sigs.k8s.io/cluster-api-provider-aws/v2 v2.3.1/go.mod h1:dOX+I3KdLY3C1F0iPQQhV0Po2qPTO9sb6ogN8TOw5sY=
 sigs.k8s.io/controller-runtime v0.16.3 h1:2TuvuokmfXvDUamSx1SuAOO3eTyye+47mJCigwG62c4=
 sigs.k8s.io/controller-runtime v0.16.3/go.mod h1:j7bialYoSn142nv9sCOJmQgDXQXxnroFU4VnX/brVJ0=
 sigs.k8s.io/controller-tools v0.13.0 h1:NfrvuZ4bxyolhDBt/rCZhDnx3M2hzlhgo5n3Iv2RykI=