diff --git a/.github/workflows/python-test.yml b/.github/workflows/python-test.yml
index 5ed823a..f824e03 100644
--- a/.github/workflows/python-test.yml
+++ b/.github/workflows/python-test.yml
@@ -18,7 +18,7 @@ jobs:
     strategy:
       fail-fast: false
       matrix:
-        python-version: [3.7, 3.8, 3.9, 3.10.10, 3.11]
+        python-version: [3.11, 3.12]
 
     steps:
       - uses: actions/checkout@v2
@@ -44,7 +44,7 @@ jobs:
 
       - name: Check syntax with pyupgrade
         run: |
-          find . -type f -regex '.*\.py$' -exec pyupgrade --py37-plus {} \;
+          find . -type f -regex '.*\.py$' -exec pyupgrade --py311-plus {} \;
 
       - name: Set up Helm
         uses: azure/setup-helm@v1
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 816f3f7..01eab31 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,11 @@
 # Changelog
 
+## v5.0.0 (2024-07-25)
+### BREAKING CHANGE
+- Change minimum supported version of python: 3.11 (drop 3.7, 3.8, 3.9, 3.10)
+### Chore
+- chore(ci): upgrade requirements, test for python 3.12
+
 ## v4.3.5 (2024-05-01)
 ### Chore
 - tests: e2e: apply expecteddeploymentscales CRD from wiremind helm chart repository
diff --git a/example/Dockerfile b/example/Dockerfile
index 4339b50..a36d06c 100644
--- a/example/Dockerfile
+++ b/example/Dockerfile
@@ -1,4 +1,4 @@
-FROM python:3.9
+FROM python:3.12
 
 WORKDIR /app
 
diff --git a/example/alembic/env.py b/example/alembic/env.py
index 835fd83..494647a 100644
--- a/example/alembic/env.py
+++ b/example/alembic/env.py
@@ -57,7 +57,7 @@ def run_migrations_online() -> None:
     """
     patroni_postgresql: bool = "patroni_postgresql" in context.get_x_argument(as_dictionary=True)
     connectable = engine_from_config(
-        config.get_section(config.config_ini_section),
+        config.get_section(config.config_ini_section),  # type: ignore
         prefix="sqlalchemy.",
         poolclass=pool.NullPool,
     )
diff --git a/requirements.txt b/requirements.txt
index a44e9c8..cdbad3f 100644
--- a/requirements.txt
+++ b/requirements.txt
@@ -1,76 +1,68 @@
 #
-# This file is autogenerated by pip-compile with python 3.8
-# To update, run:
+# This file is autogenerated by pip-compile with Python 3.11
+# by the following command:
 #
-#    pip-compile --no-emit-index-url
+#    pip-compile --no-emit-index-url --output-file=requirements.txt pyproject.toml
 #
-alembic==1.8.1
-    # via chartreuse (setup.py)
-cachetools==5.2.0
+alembic==1.13.2
+    # via chartreuse (pyproject.toml)
+cachetools==5.4.0
     # via google-auth
 certifi==2024.7.4
     # via
     #   kubernetes
     #   requests
-charset-normalizer==2.1.1
+charset-normalizer==3.3.2
     # via requests
-google-auth==2.14.1
+google-auth==2.32.0
     # via kubernetes
-greenlet==2.0.1
-    # via sqlalchemy
 idna==3.7
     # via requests
-importlib-metadata==5.0.0
-    # via alembic
-importlib-resources==5.10.0
-    # via alembic
-kubernetes==25.3.0
+kubernetes==30.1.0
     # via wiremind-kubernetes
-mako==1.2.4
+mako==1.3.5
     # via alembic
-markupsafe==2.1.1
+markupsafe==2.1.5
     # via mako
 oauthlib==3.2.2
-    # via requests-oauthlib
-psycopg2==2.9.5
-    # via chartreuse (setup.py)
-pyasn1==0.4.8
+    # via
+    #   kubernetes
+    #   requests-oauthlib
+psycopg2==2.9.9
+    # via chartreuse (pyproject.toml)
+pyasn1==0.6.0
     # via
     #   pyasn1-modules
     #   rsa
-pyasn1-modules==0.2.8
+pyasn1-modules==0.4.0
     # via google-auth
-python-dateutil==2.8.2
+python-dateutil==2.9.0.post0
     # via kubernetes
-pyyaml==6.0
+pyyaml==6.0.1
     # via kubernetes
-requests==2.31.0
+requests==2.32.3
     # via
     #   kubernetes
     #   requests-oauthlib
-requests-oauthlib==1.3.1
+requests-oauthlib==2.0.0
     # via kubernetes
 rsa==4.9
     # via google-auth
 six==1.16.0
     # via
-    #   google-auth
     #   kubernetes
     #   python-dateutil
-sqlalchemy==1.4.44
+sqlalchemy==2.0.31
     # via alembic
-urllib3==1.26.19
+typing-extensions==4.12.2
+    # via
+    #   alembic
+    #   sqlalchemy
+urllib3==2.2.2
     # via
     #   kubernetes
     #   requests
-websocket-client==1.4.2
+websocket-client==1.8.0
     # via kubernetes
-wiremind-kubernetes==7.0.0
-    # via chartreuse (setup.py)
-zipp==3.10.0
-    # via
-    #   importlib-metadata
-    #   importlib-resources
-
-# The following packages are considered to be unsafe in a requirements file:
-# setuptools
+wiremind-kubernetes==7.4.5
+    # via chartreuse (pyproject.toml)
diff --git a/setup.cfg b/setup.cfg
index b78b1c7..fcd8c6a 100644
--- a/setup.cfg
+++ b/setup.cfg
@@ -1,5 +1,5 @@
 [options]
-python_requires = >= 3.7
+python_requires = >= 3.11
 
 [flake8]
 max-line-length = 120
@@ -13,7 +13,7 @@ ignore = W503, E203, E231, E501
 jobs = 4
 
 [mypy]
-python_version = 3.7
+python_version = 3.11
 ignore_missing_imports = True
 check_untyped_defs = True
 disallow_untyped_defs = True
diff --git a/setup.py b/setup.py
index d8b92d4..d5fcc09 100644
--- a/setup.py
+++ b/setup.py
@@ -41,7 +41,7 @@
     package_dir={"": "src"},
     include_package_data=True,
     zip_safe=True,
-    python_requires=">=3.7.0",
+    python_requires=">=3.11.0",
     install_requires=[
         "alembic",
         "psycopg2",
diff --git a/src/chartreuse/chartreuse.py b/src/chartreuse/chartreuse.py
index 4e9524d..d3f6621 100644
--- a/src/chartreuse/chartreuse.py
+++ b/src/chartreuse/chartreuse.py
@@ -22,7 +22,7 @@ def __init__(
         release_name: str,
         alembic_allow_migration_for_empty_database: bool,
         alembic_additional_parameters: str = "",
-        kubernetes_helper: wiremind_kubernetes.kubernetes_helper.KubernetesDeploymentManager = None,
+        kubernetes_helper: wiremind_kubernetes.kubernetes_helper.KubernetesDeploymentManager | None = None,
     ):
         configure_logging()
 
diff --git a/src/chartreuse/chartreuse_upgrade.py b/src/chartreuse/chartreuse_upgrade.py
index ec3c9a6..2c132f1 100755
--- a/src/chartreuse/chartreuse_upgrade.py
+++ b/src/chartreuse/chartreuse_upgrade.py
@@ -1,6 +1,5 @@
 import logging
 import os
-from typing import List
 
 from wiremind_kubernetes import KubernetesDeploymentManager
 
@@ -18,7 +17,7 @@ def ensure_safe_run() -> None:
     """
     package_v: str = get_version()
     # Get "1.2" from "1.2.3"
-    package_v_major_minor: List[str] = package_v.split(".", 2)[:2]
+    package_v_major_minor: list[str] = package_v.split(".", 2)[:2]
 
     helm_chart_v: str = os.getenv("HELM_CHART_VERSION", "")
     if not helm_chart_v:
@@ -26,7 +25,7 @@ def ensure_safe_run() -> None:
             "Couldn't get the Chartreuse's Helm Chart version from the env var HELM_CHART_VERSION,"
             " couldn't make sure that the package is of a compatible version, ABORTING!"
         )
-    helm_chart_v_major_minor: List[str] = helm_chart_v.split(".", 2)[:2]
+    helm_chart_v_major_minor: list[str] = helm_chart_v.split(".", 2)[:2]
     if helm_chart_v_major_minor != package_v_major_minor:
         raise ValueError(
             f"Chartreuse's Helm Chart version '{helm_chart_v}' and the package's version '{package_v}' "
diff --git a/src/chartreuse/tests/conftest.py b/src/chartreuse/tests/conftest.py
index 6324643..813c099 100644
--- a/src/chartreuse/tests/conftest.py
+++ b/src/chartreuse/tests/conftest.py
@@ -1,13 +1,12 @@
 import os
-from typing import Dict, Union
 
 from pytest_mock.plugin import MockerFixture
 
 
 def configure_os_environ_mock(
-    mocker: MockerFixture, additional_environment: Union[Dict[str, str], None] = None
+    mocker: MockerFixture, additional_environment: dict[str, str] | None = None
 ) -> None:
-    new_environ: Dict[str, str] = dict(
+    new_environ: dict[str, str] = dict(
         CHARTREUSE_ALEMBIC_ADDITIONAL_PARAMETERS="",
         CHARTREUSE_ALEMBIC_ALLOW_MIGRATION_FOR_EMPTY_DATABASE="1",
         CHARTREUSE_ALEMBIC_URL="foo",
diff --git a/src/chartreuse/tests/e2e_tests/conftest.py b/src/chartreuse/tests/e2e_tests/conftest.py
index 4aeb600..c330701 100644
--- a/src/chartreuse/tests/e2e_tests/conftest.py
+++ b/src/chartreuse/tests/e2e_tests/conftest.py
@@ -2,7 +2,7 @@
 import os
 import subprocess
 import time
-from typing import Generator
+from collections.abc import Generator
 
 import pytest
 import sqlalchemy
diff --git a/src/chartreuse/tests/unit_tests/test_chartreuse_upgrade.py b/src/chartreuse/tests/unit_tests/test_chartreuse_upgrade.py
index a4cd080..54b8d8d 100644
--- a/src/chartreuse/tests/unit_tests/test_chartreuse_upgrade.py
+++ b/src/chartreuse/tests/unit_tests/test_chartreuse_upgrade.py
@@ -1,5 +1,3 @@
-from typing import Optional
-
 import pytest
 from pytest_mock.plugin import MockerFixture
 
@@ -74,7 +72,7 @@ def test_chartreuse_upgrade_no_migration_disabled_stop_pods(mocker: MockerFixtur
     ],
 )
 def test_chartreuse_upgrade_compatibility_check(
-    mocker: MockerFixture, helm_chart_version: Optional[str], package_version: str, should_raise: bool
+    mocker: MockerFixture, helm_chart_version: str | None, package_version: str, should_raise: bool
 ) -> None:
     """
     Test that chartreuse_upgrade deals as expected with compatibility with the package version and the
diff --git a/src/chartreuse/utils/alembic_migration_helper.py b/src/chartreuse/utils/alembic_migration_helper.py
index ecdb121..fdb8eed 100755
--- a/src/chartreuse/utils/alembic_migration_helper.py
+++ b/src/chartreuse/utils/alembic_migration_helper.py
@@ -3,7 +3,6 @@
 import re
 from subprocess import SubprocessError
 from time import sleep, time
-from typing import List
 
 import sqlalchemy
 from sqlalchemy import inspect, text
@@ -45,13 +44,13 @@ def __init__(
         self.is_migration_needed = self._check_migration_needed()
 
     def _configure(self) -> None:
-        with open("%s/%s" % (self.alembic_directory_path, self.alembic_config_file_path), "r") as f:
+        with open(f"{self.alembic_directory_path}/{self.alembic_config_file_path}") as f:
             content = f.read()
             content_new = re.sub(
                 "(sqlalchemy.url.*=.*){1}", r"sqlalchemy.url=%s" % self.database_url, content, flags=re.M
             )
         if content != content_new:
-            with open("%s/%s" % (self.alembic_directory_path, self.alembic_config_file_path), "w") as f:
+            with open(f"{self.alembic_directory_path}/{self.alembic_config_file_path}", "w") as f:
                 f.write(content_new)
             logger.info("alembic.ini was configured.")
         else:
@@ -66,7 +65,7 @@ def _wait_postgres_is_configured(self) -> None:
         wait_timeout = int(os.getenv("CHARTREUSE_ALEMBIC_POSTGRES_WAIT_CONFIGURED_TIMEOUT", 60))
         engine = sqlalchemy.create_engine(self.database_url, poolclass=NullPool, connect_args={"connect_timeout": 1})
 
-        default_privileges_checks: List[str] = [
+        default_privileges_checks: list[str] = [
             "SET ROLE wiremind_owner",  # The real owner, alembic will switch to it before running migrations.
             "CREATE TABLE _chartreuse_test_default_privileges(id serial)",
             "SET ROLE wiremind_writer_user",
@@ -103,7 +102,7 @@ def _wait_postgres_is_configured(self) -> None:
             f" Postgres database. Check the Postgres logs and then postgres-operator for anything fishy."
         )
 
-    def _get_table_list(self) -> List[str]:
+    def _get_table_list(self) -> list[str]:
         return inspect(sqlalchemy.create_engine(self.database_url)).get_table_names()
 
     def is_postgres_empty(self) -> bool: