diff --git a/.changeset/khaki-years-deliver.md b/.changeset/khaki-years-deliver.md
new file mode 100644
index 000000000..51d4e0b5d
--- /dev/null
+++ b/.changeset/khaki-years-deliver.md
@@ -0,0 +1,5 @@
+---
+"modular-scripts": patch
+---
+
+Bump browserslist from 4.20.2 to 4.20.3
diff --git a/packages/modular-scripts/package.json b/packages/modular-scripts/package.json
index 4fe84a74c..786e4dfac 100644
--- a/packages/modular-scripts/package.json
+++ b/packages/modular-scripts/package.json
@@ -34,7 +34,7 @@
     "address": "1.1.2",
     "babel-jest": "26.6.3",
     "babel-preset-react-app": "10.0.1",
-    "browserslist": "4.20.2",
+    "browserslist": "4.20.3",
     "builtin-modules": "3.2.0",
     "case-sensitive-paths-webpack-plugin": "2.4.0",
     "chalk": "4.1.2",
diff --git a/packages/modular-scripts/src/__tests__/utils/createEsbuildBrowserslistTarget.test.ts b/packages/modular-scripts/src/__tests__/utils/createEsbuildBrowserslistTarget.test.ts
index 75b9ea772..25c5e0f36 100644
--- a/packages/modular-scripts/src/__tests__/utils/createEsbuildBrowserslistTarget.test.ts
+++ b/packages/modular-scripts/src/__tests__/utils/createEsbuildBrowserslistTarget.test.ts
@@ -34,8 +34,8 @@ describe('createEsbuildBrowserslistTarget', () => {
     const result = createEsbuildBrowserslistTarget(process.cwd());
     expect(result).toMatchInlineSnapshot(`
       Array [
-        "chrome99",
-        "firefox98",
+        "chrome101",
+        "firefox99",
         "safari15.4",
       ]
     `);
@@ -59,8 +59,8 @@ describe('createEsbuildBrowserslistTarget', () => {
     const result = createEsbuildBrowserslistTarget(process.cwd());
     expect(result).toMatchInlineSnapshot(`
       Array [
-        "chrome99",
-        "firefox98",
+        "chrome101",
+        "firefox99",
         "safari15.4",
       ]
     `);
@@ -84,8 +84,8 @@ describe('createEsbuildBrowserslistTarget', () => {
     const result = createEsbuildBrowserslistTarget(process.cwd());
     expect(result).toMatchInlineSnapshot(`
       Array [
-        "chrome99",
-        "firefox98",
+        "chrome101",
+        "firefox99",
         "safari15.4",
       ]
     `);
diff --git a/yarn.lock b/yarn.lock
index d772ba63e..ed09e66b6 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -3909,18 +3909,7 @@ browser-process-hrtime@^1.0.0:
   resolved "https://registry.yarnpkg.com/browser-process-hrtime/-/browser-process-hrtime-1.0.0.tgz#3c9b4b7d782c8121e56f10106d84c0d0ffc94626"
   integrity sha512-9o5UecI3GhkpM6DrXr69PblIuWxPKk9Y0jHBRhdocZ2y7YECBFCsHm79Pr3OyR2AvjhDkabFJaDJMYRazHgsow==
 
-browserslist@4.20.2:
-  version "4.20.2"
-  resolved "https://registry.yarnpkg.com/browserslist/-/browserslist-4.20.2.tgz#567b41508757ecd904dab4d1c646c612cd3d4f88"
-  integrity sha512-CQOBCqp/9pDvDbx3xfMi+86pr4KXIf2FDkTTdeuYw8OxS9t898LA1Khq57gtufFILXpfgsSx5woNgsBgvGjpsA==
-  dependencies:
-    caniuse-lite "^1.0.30001317"
-    electron-to-chromium "^1.4.84"
-    escalade "^3.1.1"
-    node-releases "^2.0.2"
-    picocolors "^1.0.0"
-
-browserslist@^4.0.0, browserslist@^4.14.5, browserslist@^4.16.6, browserslist@^4.17.5, browserslist@^4.19.1, browserslist@^4.20.2, browserslist@^4.20.3, browserslist@^4.6.2:
+browserslist@4.20.3, browserslist@^4.0.0, browserslist@^4.14.5, browserslist@^4.16.6, browserslist@^4.17.5, browserslist@^4.19.1, browserslist@^4.20.2, browserslist@^4.20.3, browserslist@^4.6.2:
   version "4.20.3"
   resolved "https://registry.yarnpkg.com/browserslist/-/browserslist-4.20.3.tgz#eb7572f49ec430e054f56d52ff0ebe9be915f8bf"
   integrity sha512-NBhymBQl1zM0Y5dQT/O+xiLP9/rzOIQdKM/eMJBAq7yBgaB6krIYLGejrwVYnSHZdqjscB1SPuAjHwxjvN6Wdg==
@@ -4056,7 +4045,7 @@ caniuse-api@^3.0.0:
     lodash.memoize "^4.1.2"
     lodash.uniq "^4.5.0"
 
-caniuse-lite@^1.0.0, caniuse-lite@^1.0.30001317:
+caniuse-lite@^1.0.0:
   version "1.0.30001319"
   resolved "https://registry.yarnpkg.com/caniuse-lite/-/caniuse-lite-1.0.30001319.tgz#eb4da4eb3ecdd409f7ba1907820061d56096e88f"
   integrity sha512-xjlIAFHucBRSMUo1kb5D4LYgcN1M45qdKP++lhqowDpwJwGkpIRTt5qQqnhxjj1vHcI7nrJxWhCC1ATrCEBTcw==
@@ -5588,11 +5577,6 @@ electron-to-chromium@^1.4.118:
   resolved "https://registry.yarnpkg.com/electron-to-chromium/-/electron-to-chromium-1.4.124.tgz#e9015e234d8632920dcdf5480351da9e845ed220"
   integrity sha512-VhaE9VUYU6d2eIb+4xf83CATD+T+3bTzvxvlADkQE+c2hisiw3sZmvEDtsW704+Zky9WZGhBuQXijDVqSriQLA==
 
-electron-to-chromium@^1.4.84:
-  version "1.4.88"
-  resolved "https://registry.yarnpkg.com/electron-to-chromium/-/electron-to-chromium-1.4.88.tgz#ebe6a2573b563680c7a7bf3a51b9e465c9c501db"
-  integrity sha512-oA7mzccefkvTNi9u7DXmT0LqvhnOiN2BhSrKerta7HeUC1cLoIwtbf2wL+Ah2ozh5KQd3/1njrGrwDBXx6d14Q==
-
 emittery@^0.7.1:
   version "0.7.2"
   resolved "https://registry.yarnpkg.com/emittery/-/emittery-0.7.2.tgz#25595908e13af0f5674ab419396e2fb394cdfa82"
@@ -8964,11 +8948,6 @@ node-notifier@^8.0.0:
     uuid "^8.3.0"
     which "^2.0.2"
 
-node-releases@^2.0.2:
-  version "2.0.2"
-  resolved "https://registry.yarnpkg.com/node-releases/-/node-releases-2.0.2.tgz#7139fe71e2f4f11b47d4d2986aaf8c48699e0c01"
-  integrity sha512-XxYDdcQ6eKqp/YjI+tb2C5WM2LgjnZrfYg4vgQt49EK268b6gYCHsBLrK2qvJo4FmCtqmKezb0WZFK4fkrZNsg==
-
 node-releases@^2.0.3:
   version "2.0.4"
   resolved "https://registry.yarnpkg.com/node-releases/-/node-releases-2.0.4.tgz#f38252370c43854dc48aa431c766c6c398f40476"