diff --git a/helm-toolkit/Chart.yaml b/helm-toolkit/Chart.yaml
index 4b76d4871..2df9c7600 100644
--- a/helm-toolkit/Chart.yaml
+++ b/helm-toolkit/Chart.yaml
@@ -15,7 +15,7 @@ apiVersion: v1
 appVersion: v1.0.0
 description: OpenStack-Helm Helm-Toolkit
 name: helm-toolkit
-version: 0.2.53
+version: 0.2.54
 home: https://docs.openstack.org/openstack-helm
 icon: https://www.openstack.org/themes/openstack/images/project-mascots/OpenStack-Helm/OpenStack_Project_OpenStackHelm_vertical.png
 sources:
diff --git a/helm-toolkit/templates/utils/_dependency_resolver.tpl b/helm-toolkit/templates/utils/_dependency_resolver.tpl
index b99c00db4..4a88dd8df 100644
--- a/helm-toolkit/templates/utils/_dependency_resolver.tpl
+++ b/helm-toolkit/templates/utils/_dependency_resolver.tpl
@@ -27,10 +27,12 @@ limitations under the License.
 {{- else if kindIs "slice" $dependencyMixinParam }}
 {{- $_ := set $envAll.Values "__deps" ( index $envAll.Values.dependencies.static $dependencyKey ) }}
 {{- range $k, $v := $dependencyMixinParam -}}
+{{- if ( index $envAll.Values.dependencies.dynamic.targeted $v ) }}
 {{- $_ := include "helm-toolkit.utils.merge" (tuple $envAll.Values.pod_dependency $envAll.Values.__deps ( index $envAll.Values.dependencies.dynamic.targeted $v $dependencyKey ) ) -}}
 {{- $_ := set $envAll.Values "__deps" $envAll.Values.pod_dependency -}}
 {{- end }}
 {{- end }}
+{{- end }}
 {{- else -}}
 {{- $_ := set $envAll.Values "pod_dependency" ( index $envAll.Values.dependencies.static $dependencyKey ) -}}
 {{- end -}}
diff --git a/releasenotes/notes/helm-toolkit.yaml b/releasenotes/notes/helm-toolkit.yaml
index 2c7c292a1..18477ab33 100644
--- a/releasenotes/notes/helm-toolkit.yaml
+++ b/releasenotes/notes/helm-toolkit.yaml
@@ -60,4 +60,5 @@ helm-toolkit:
   - 0.2.51 Added a random delay up to 300 seconds to remote backup upload/download for load spreading purpose
   - 0.2.52 Decreased random delay to up to 30 seconds and switched remote backup verification protocol to md5
   - 0.2.53 Update create db user queries
+  - 0.2.54 Fix dependency resolver to ignore non-existing dependencyKey when dependencyMixinParam is a slice
 ...