diff --git a/docs/releasenotes.rst b/docs/releasenotes.rst
index 8b8f19d816030b20e95045cefd5762d14191931c..a89cb0483a48e910d9b9df3612a0413cef0703ee 100644
--- a/docs/releasenotes.rst
+++ b/docs/releasenotes.rst
@@ -2,6 +2,18 @@ Release notes
 =============
 
 
+x.y.z
+-----
+
+**Bug fixes:**
+
+* ``common`` role
+
+  * Fix deprecation warnings for Python requirements upgrade checks
+    when using pip-tools 7.3.0. This would result in unnecessary
+    notifications being sent out to server administrator.
+
+
 7.1.0
 -----
 
diff --git a/roles/common/files/pip_check_requirements_upgrades.sh b/roles/common/files/pip_check_requirements_upgrades.sh
index 7a6f321b980d8f6348135a81428eea0ec9ba0b8b..0ed3d5030ce8e4fb97a0e6d8d1b692c16e3f8cce 100755
--- a/roles/common/files/pip_check_requirements_upgrades.sh
+++ b/roles/common/files/pip_check_requirements_upgrades.sh
@@ -237,17 +237,33 @@ for environment in "$config_dir"/*; do
         # package versioning information.
         current=$(sed -e 's/[[:blank:]]*#.*//' "$req_txt" | grep -v "^$" | sort -u)
 
-        # Calculate up-to-date requirements. Use backtracking resolver if available.
+        # Set-up pip-compile invocation based on available options,
+        # partially in order to get rid of the warnings.
+        pip_compile_invocation=(
+            "pip-compile"
+            "--quiet"
+            "--allow-unsafe"
+            "--no-header"
+            "--no-annotate"
+            "--no-emit-index-url"
+        )
+
         if pip-compile --help | grep -q -- --resolver; then
-            new=$(pip-compile --quiet --resolver backtracking --allow-unsafe --no-header --no-annotate --no-emit-index-url --output-file - --upgrade "$req_in")
-            result="$?"
-        else
-            new=$(pip-compile --quiet --allow-unsafe --no-header --no-annotate --no-emit-index-url --output-file - --upgrade "$req_in")
-            result="$?"
+            pip_compile_invocation+=("--resolver=backtracking")
         fi
 
-        if [[ $result != 0 ]]; then
-             error "Failed while running pip-compile command against (see error stack trace above): $req_in"
+        if pip-compile --help | grep -q -- --strip-extras; then
+            pip_compile_invocation+=("--strip-extras")
+        fi
+
+        pip_compile_invocation+=(
+            "--output-file" "-"
+            "--upgrade" "$req_in"
+        )
+
+        # Calculate up-to-date requirements.
+        if ! new=$("${pip_compile_invocation[@]}"); then
+            error "Failed while running pip-compile command against (see error stack trace above): $req_in"
             continue
         fi