diff --git a/dist/setup/index.js b/dist/setup/index.js
index 53196f673..7f7400d65 100644
--- a/dist/setup/index.js
+++ b/dist/setup/index.js
@@ -98893,24 +98893,28 @@ class PipCache extends cache_distributor_1.default {
     }
     getCacheGlobalDirectories() {
         return __awaiter(this, void 0, void 0, function* () {
-            let exitCode = 1;
+            let exitCode = 0;
             let stdout = '';
             let stderr = '';
             // Add temporary fix for Windows
-            // On windows it is necessary to execute through an exec
-            // because the getExecOutput gives a non zero code or writes to stderr for pip 22.0.2,
+            // On Windows, it is necessary to execute through an exec
+            // because the getExecOutput gives a non-zero code or writes to stderr for pip 22.0.2,
             // or spawn must be started with the shell option enabled for getExecOutput
             // Related issue: https://github.com/actions/setup-python/issues/328
             if (utils_1.IS_WINDOWS) {
                 const execPromisify = util_1.default.promisify(child_process.exec);
-                ({ stdout: stdout, stderr: stderr } = yield execPromisify('pip cache dir'));
+                try {
+                    ({ stdout, stderr } = yield execPromisify('pip cache dir'));
+                }
+                catch (err) {
+                    // Pip outputs warnings to stderr (e.g., --no-python-version-warning flag deprecation warning), causing false failure detection
+                    // Related issue: https://github.com/actions/setup-python/issues/1034
+                    // If an error occurs, set exitCode to 1 to indicate failure
+                    exitCode = 1;
+                }
             }
             else {
-                ({
-                    stdout: stdout,
-                    stderr: stderr,
-                    exitCode: exitCode
-                } = yield exec.getExecOutput('pip cache dir'));
+                ({ stdout, stderr, exitCode } = yield exec.getExecOutput('pip cache dir'));
             }
             if (exitCode && stderr) {
                 throw new Error(`Could not get cache folder path for pip package manager`);
diff --git a/src/cache-distributions/pip-cache.ts b/src/cache-distributions/pip-cache.ts
index d64ae931d..4af492c0e 100644
--- a/src/cache-distributions/pip-cache.ts
+++ b/src/cache-distributions/pip-cache.ts
@@ -21,24 +21,27 @@ class PipCache extends CacheDistributor {
   }
 
   protected async getCacheGlobalDirectories() {
-    let exitCode = 1;
+    let exitCode = 0;
     let stdout = '';
     let stderr = '';
 
     // Add temporary fix for Windows
-    // On windows it is necessary to execute through an exec
-    // because the getExecOutput gives a non zero code or writes to stderr for pip 22.0.2,
+    // On Windows, it is necessary to execute through an exec
+    // because the getExecOutput gives a non-zero code or writes to stderr for pip 22.0.2,
     // or spawn must be started with the shell option enabled for getExecOutput
     // Related issue: https://github.com/actions/setup-python/issues/328
     if (IS_WINDOWS) {
       const execPromisify = utils.promisify(child_process.exec);
-      ({stdout: stdout, stderr: stderr} = await execPromisify('pip cache dir'));
+      try {
+        ({stdout, stderr} = await execPromisify('pip cache dir'));
+      } catch (err) {
+        // Pip outputs warnings to stderr (e.g., --no-python-version-warning flag deprecation warning), causing false failure detection
+        // Related issue: https://github.com/actions/setup-python/issues/1034
+        // If an error occurs, set exitCode to 1 to indicate failure
+        exitCode = 1;
+      }
     } else {
-      ({
-        stdout: stdout,
-        stderr: stderr,
-        exitCode: exitCode
-      } = await exec.getExecOutput('pip cache dir'));
+      ({stdout, stderr, exitCode} = await exec.getExecOutput('pip cache dir'));
     }
 
     if (exitCode && stderr) {