diff --git a/src/components/common/NetworkSelector/index.tsx b/src/components/common/NetworkSelector/index.tsx
index 65b69aa80f..493182b2f4 100644
--- a/src/components/common/NetworkSelector/index.tsx
+++ b/src/components/common/NetworkSelector/index.tsx
@@ -8,6 +8,7 @@ import type { SelectChangeEvent } from '@mui/material'
 import {
   Box,
   ButtonBase,
+  CircularProgress,
   Collapse,
   Divider,
   ListSubheader,
@@ -32,7 +33,7 @@ import useSafeAddress from '@/hooks/useSafeAddress'
 import { sameAddress } from '@/utils/addresses'
 import uniq from 'lodash/uniq'
 import useSafeOverviews from '@/components/welcome/MyAccounts/useSafeOverviews'
-import { useReplayableNetworks } from '@/features/multichain/hooks/useReplayableNetworks'
+import { useCompatibleNetworks } from '@/features/multichain/hooks/useCompatibleNetworks'
 import { useSafeCreationData } from '@/features/multichain/hooks/useSafeCreationData'
 import { type ChainInfo } from '@safe-global/safe-gateway-typescript-sdk'
 import PlusIcon from '@/public/images/common/plus.svg'
@@ -127,9 +128,15 @@ const UndeployedNetworks = ({
     [chains, deployedChains],
   )
   const safeCreationResult = useSafeCreationData(safeAddress, deployedChainInfos)
-  const [safeCreationData, safeCreationDataError] = safeCreationResult
+  const [safeCreationData, safeCreationDataError, safeCreationLoading] = safeCreationResult
 
-  const availableNetworks = useReplayableNetworks(safeCreationData, deployedChains)
+  const allCompatibleChains = useCompatibleNetworks(safeCreationData)
+  const isUnsupportedSafeCreationVersion = Boolean(!allCompatibleChains?.length)
+
+  const availableNetworks = useMemo(
+    () => allCompatibleChains?.filter((config) => !deployedChains.includes(config.chainId)) || [],
+    [allCompatibleChains, deployedChains],
+  )
 
   const [testNets, prodNets] = useMemo(
     () => partition(availableNetworks, (config) => config.isTestnet),
@@ -140,11 +147,25 @@ const UndeployedNetworks = ({
     setReplayOnChain(chain)
   }
 
-  if (safeCreationDataError) {
+  if (safeCreationLoading) {
+    return (
+      <Box display="flex" alignItems="center" justifyContent="center" my={1}>
+        <CircularProgress size={18} />
+      </Box>
+    )
+  }
+
+  const errorMessage = safeCreationDataError
+    ? 'Adding another network is not possible for this Safe.'
+    : isUnsupportedSafeCreationVersion
+    ? 'This account was created from an outdated mastercopy. Adding another network is not possible.'
+    : ''
+
+  if (errorMessage) {
     return (
       <Box p="0px 16px">
-        <Typography color="text.secondary" fontSize="14px">
-          Adding another network is not possible for this Safe
+        <Typography color="text.secondary" fontSize="14px" maxWidth={300}>
+          {errorMessage}
         </Typography>
       </Box>
     )
diff --git a/src/features/multichain/components/CreateSafeOnNewChain/index.tsx b/src/features/multichain/components/CreateSafeOnNewChain/index.tsx
index e95e3c0c1e..30ffca4671 100644
--- a/src/features/multichain/components/CreateSafeOnNewChain/index.tsx
+++ b/src/features/multichain/components/CreateSafeOnNewChain/index.tsx
@@ -2,18 +2,19 @@ import NameInput from '@/components/common/NameInput'
 import NetworkInput from '@/components/common/NetworkInput'
 import ErrorMessage from '@/components/tx/ErrorMessage'
 import {
+  Box,
   Button,
   CircularProgress,
   Dialog,
   DialogActions,
   DialogContent,
   DialogTitle,
+  Divider,
   Stack,
   Typography,
 } from '@mui/material'
 import { FormProvider, useForm } from 'react-hook-form'
 import { useSafeCreationData } from '../../hooks/useSafeCreationData'
-import { useReplayableNetworks } from '../../hooks/useReplayableNetworks'
 import { replayCounterfactualSafeDeployment } from '@/features/counterfactual/utils'
 
 import useChains from '@/hooks/useChains'
@@ -22,10 +23,12 @@ import { selectRpc } from '@/store/settingsSlice'
 import { createWeb3ReadOnly } from '@/hooks/wallets/web3'
 import { predictAddressBasedOnReplayData } from '@/components/welcome/MyAccounts/utils/multiChainSafe'
 import { sameAddress } from '@/utils/addresses'
+import ExternalLink from '@/components/common/ExternalLink'
 import { useRouter } from 'next/router'
 import ChainIndicator from '@/components/common/ChainIndicator'
 import { type ChainInfo } from '@safe-global/safe-gateway-typescript-sdk'
 import { useMemo, useState } from 'react'
+import { useCompatibleNetworks } from '../../hooks/useCompatibleNetworks'
 
 type CreateSafeOnNewChainForm = {
   name: string
@@ -35,11 +38,12 @@ type CreateSafeOnNewChainForm = {
 type ReplaySafeDialogProps = {
   safeAddress: string
   safeCreationResult: ReturnType<typeof useSafeCreationData>
-  replayableChains?: ReturnType<typeof useReplayableNetworks>
+  replayableChains?: ReturnType<typeof useCompatibleNetworks>
   chain?: ChainInfo
   currentName: string | undefined
   open: boolean
   onClose: () => void
+  isUnsupportedSafeCreationVersion?: boolean
 }
 
 const ReplaySafeDialog = ({
@@ -50,6 +54,7 @@ const ReplaySafeDialog = ({
   onClose,
   safeCreationResult,
   replayableChains,
+  isUnsupportedSafeCreationVersion,
 }: ReplaySafeDialogProps) => {
   const formMethods = useForm<CreateSafeOnNewChainForm>({
     mode: 'all',
@@ -58,8 +63,7 @@ const ReplaySafeDialog = ({
       chainId: chain?.chainId,
     },
   })
-
-  const { handleSubmit } = formMethods
+  const { handleSubmit, formState } = formMethods
   const router = useRouter()
 
   const customRpc = useAppSelector(selectRpc)
@@ -102,17 +106,28 @@ const ReplaySafeDialog = ({
     onClose()
   })
 
-  const submitDisabled = !!safeCreationDataError || safeCreationDataLoading || !formMethods.formState.isValid
+  const submitDisabled =
+    isUnsupportedSafeCreationVersion || !!safeCreationDataError || safeCreationDataLoading || !formState.isValid
 
   return (
     <Dialog open={open} onClose={onClose}>
       <form onSubmit={onFormSubmit} id="recreate-safe">
         <DialogTitle fontWeight={700}>Add another network</DialogTitle>
+        <Divider />
         <DialogContent>
           {safeCreationDataError ? (
             <ErrorMessage error={safeCreationDataError} level="error">
               Could not determine the Safe creation parameters.
             </ErrorMessage>
+          ) : safeCreationDataLoading ? (
+            <Stack direction="column" alignItems="center" gap={1}>
+              <CircularProgress />
+              <Typography variant="body2">Loading Safe data</Typography>
+            </Stack>
+          ) : isUnsupportedSafeCreationVersion ? (
+            <ErrorMessage>
+              This account was created from an outdated mastercopy. Adding another network is not possible.
+            </ErrorMessage>
           ) : (
             <FormProvider {...formMethods}>
               <Stack spacing={2}>
@@ -122,21 +137,12 @@ const ReplaySafeDialog = ({
                   the Safe&apos;s version will not be reflected in the copy.
                 </ErrorMessage>
 
-                {safeCreationDataLoading ? (
-                  <Stack direction="column" alignItems="center" gap={1}>
-                    <CircularProgress />
-                    <Typography variant="body2">Loading Safe data</Typography>
-                  </Stack>
+                <NameInput name="name" label="Name" />
+
+                {chain ? (
+                  <ChainIndicator chainId={chain.chainId} />
                 ) : (
-                  <>
-                    <NameInput name="name" label="Name" />
-
-                    {chain ? (
-                      <ChainIndicator chainId={chain.chainId} />
-                    ) : (
-                      <NetworkInput required name="chainId" chainConfigs={replayableChains ?? []} />
-                    )}
-                  </>
+                  <NetworkInput required name="chainId" chainConfigs={replayableChains ?? []} />
                 )}
 
                 {creationError && (
@@ -148,13 +154,27 @@ const ReplaySafeDialog = ({
             </FormProvider>
           )}
         </DialogContent>
-        <DialogActions>
-          <Button variant="outlined" onClick={onClose}>
-            Cancel
-          </Button>
-          <Button type="submit" variant="contained" disabled={submitDisabled}>
-            Submit
-          </Button>
+        <Divider />
+        <DialogActions sx={{ m: 2 }}>
+          {isUnsupportedSafeCreationVersion ? (
+            <Box display="flex" width="100%" alignItems="center" justifyContent="space-between">
+              <ExternalLink sx={{ flexGrow: 1 }} href="https://safe.global">
+                Read more
+              </ExternalLink>
+              <Button variant="contained" onClick={onClose}>
+                Got it
+              </Button>
+            </Box>
+          ) : (
+            <>
+              <Button variant="outlined" onClick={onClose}>
+                Cancel
+              </Button>
+              <Button type="submit" variant="contained" disabled={submitDisabled}>
+                Add network
+              </Button>
+            </>
+          )}
         </DialogActions>
       </form>
     </Dialog>
@@ -165,7 +185,10 @@ export const CreateSafeOnNewChain = ({
   safeAddress,
   deployedChainIds,
   ...props
-}: Omit<ReplaySafeDialogProps, 'safeCreationResult' | 'replayableChains' | 'chain'> & {
+}: Omit<
+  ReplaySafeDialogProps,
+  'safeCreationResult' | 'replayableChains' | 'chain' | 'isUnsupportedSafeCreationVersion'
+> & {
   deployedChainIds: string[]
 }) => {
   const { configs } = useChains()
@@ -175,18 +198,24 @@ export const CreateSafeOnNewChain = ({
   )
 
   const safeCreationResult = useSafeCreationData(safeAddress, deployedChains)
-  const replayableChains = useReplayableNetworks(safeCreationResult[0], deployedChainIds)
+  const allCompatibleChains = useCompatibleNetworks(safeCreationResult[0])
+  const isUnsupportedSafeCreationVersion = Boolean(!allCompatibleChains?.length)
+  const replayableChains = useMemo(
+    () => allCompatibleChains?.filter((config) => !deployedChainIds.includes(config.chainId)) || [],
+    [allCompatibleChains, deployedChainIds],
+  )
 
   return (
     <ReplaySafeDialog
       safeCreationResult={safeCreationResult}
       replayableChains={replayableChains}
       safeAddress={safeAddress}
+      isUnsupportedSafeCreationVersion={isUnsupportedSafeCreationVersion}
       {...props}
     />
   )
 }
 
 export const CreateSafeOnSpecificChain = ({ ...props }: Omit<ReplaySafeDialogProps, 'replayableChains'>) => {
-  return <ReplaySafeDialog {...props} />
+  return <ReplaySafeDialog {...props} isUnsupportedSafeCreationVersion={false} />
 }
diff --git a/src/features/multichain/hooks/__tests__/useReplayableNetworks.test.ts b/src/features/multichain/hooks/__tests__/useCompatibleNetworks.test.ts
similarity index 77%
rename from src/features/multichain/hooks/__tests__/useReplayableNetworks.test.ts
rename to src/features/multichain/hooks/__tests__/useCompatibleNetworks.test.ts
index f75acb3f4a..efbf7081c1 100644
--- a/src/features/multichain/hooks/__tests__/useReplayableNetworks.test.ts
+++ b/src/features/multichain/hooks/__tests__/useCompatibleNetworks.test.ts
@@ -1,5 +1,5 @@
 import { renderHook } from '@/tests/test-utils'
-import { useReplayableNetworks } from '../useReplayableNetworks'
+import { useCompatibleNetworks } from '../useCompatibleNetworks'
 import { type ReplayedSafeProps } from '@/store/slices'
 import { faker } from '@faker-js/faker'
 import { Safe__factory } from '@/types/contracts'
@@ -38,8 +38,9 @@ describe('useReplayableNetworks', () => {
       ],
     })
   })
+
   it('should return empty list without any creation data', () => {
-    const { result } = renderHook(() => useReplayableNetworks(undefined, []))
+    const { result } = renderHook(() => useCompatibleNetworks(undefined))
     expect(result.current).toHaveLength(0)
   })
 
@@ -72,7 +73,7 @@ describe('useReplayableNetworks', () => {
       saltNonce: '0',
       setupData,
     }
-    const { result } = renderHook(() => useReplayableNetworks(creationData, []))
+    const { result } = renderHook(() => useCompatibleNetworks(creationData))
     expect(result.current).toHaveLength(0)
   })
 
@@ -105,7 +106,7 @@ describe('useReplayableNetworks', () => {
       saltNonce: '0',
       setupData,
     }
-    const { result } = renderHook(() => useReplayableNetworks(creationData, []))
+    const { result } = renderHook(() => useCompatibleNetworks(creationData))
     expect(result.current).toHaveLength(0)
   })
 
@@ -138,7 +139,7 @@ describe('useReplayableNetworks', () => {
       saltNonce: '0',
       setupData,
     }
-    const { result } = renderHook(() => useReplayableNetworks(creationData, []))
+    const { result } = renderHook(() => useCompatibleNetworks(creationData))
     expect(result.current).toHaveLength(0)
   })
 
@@ -153,7 +154,6 @@ describe('useReplayableNetworks', () => {
       payment: 0,
       paymentReceiver: ECOSYSTEM_ID_ADDRESS,
     }
-
     const setupData = safeInterface.encodeFunctionData('setup', [
       callData.owners,
       callData.threshold,
@@ -164,7 +164,6 @@ describe('useReplayableNetworks', () => {
       callData.payment,
       callData.paymentReceiver,
     ])
-
     {
       const creationData: ReplayedSafeProps = {
         factoryAddress: PROXY_FACTORY_141_DEPLOYMENTS?.canonical?.address!,
@@ -172,7 +171,7 @@ describe('useReplayableNetworks', () => {
         saltNonce: '0',
         setupData,
       }
-      const { result } = renderHook(() => useReplayableNetworks(creationData, []))
+      const { result } = renderHook(() => useCompatibleNetworks(creationData))
       expect(result.current).toHaveLength(4)
       expect(result.current.map((chain) => chain.chainId)).toEqual(['1', '10', '100', '480'])
     }
@@ -184,55 +183,7 @@ describe('useReplayableNetworks', () => {
         saltNonce: '0',
         setupData,
       }
-      const { result } = renderHook(() => useReplayableNetworks(creationData, []))
-      expect(result.current).toHaveLength(4)
-      expect(result.current.map((chain) => chain.chainId)).toEqual(['1', '10', '100', '480'])
-    }
-  })
-
-  it('should remove already deployed chains from result', () => {
-    const callData = {
-      owners: [faker.finance.ethereumAddress()],
-      threshold: 1,
-      to: ZERO_ADDRESS,
-      data: EMPTY_DATA,
-      fallbackHandler: faker.finance.ethereumAddress(),
-      paymentToken: ZERO_ADDRESS,
-      payment: 0,
-      paymentReceiver: ECOSYSTEM_ID_ADDRESS,
-    }
-
-    const setupData = safeInterface.encodeFunctionData('setup', [
-      callData.owners,
-      callData.threshold,
-      callData.to,
-      callData.data,
-      callData.fallbackHandler,
-      callData.paymentToken,
-      callData.payment,
-      callData.paymentReceiver,
-    ])
-
-    {
-      const creationData: ReplayedSafeProps = {
-        factoryAddress: PROXY_FACTORY_141_DEPLOYMENTS?.canonical?.address!,
-        masterCopy: L1_141_MASTERCOPY_DEPLOYMENTS?.canonical?.address!,
-        saltNonce: '0',
-        setupData,
-      }
-      const { result } = renderHook(() => useReplayableNetworks(creationData, ['10', '100']))
-      expect(result.current).toHaveLength(2)
-      expect(result.current.map((chain) => chain.chainId)).toEqual(['1', '480'])
-    }
-
-    {
-      const creationData: ReplayedSafeProps = {
-        factoryAddress: PROXY_FACTORY_141_DEPLOYMENTS?.canonical?.address!,
-        masterCopy: L2_141_MASTERCOPY_DEPLOYMENTS?.canonical?.address!,
-        saltNonce: '0',
-        setupData,
-      }
-      const { result } = renderHook(() => useReplayableNetworks(creationData, []))
+      const { result } = renderHook(() => useCompatibleNetworks(creationData))
       expect(result.current).toHaveLength(4)
       expect(result.current.map((chain) => chain.chainId)).toEqual(['1', '10', '100', '480'])
     }
@@ -269,7 +220,7 @@ describe('useReplayableNetworks', () => {
         saltNonce: '0',
         setupData,
       }
-      const { result } = renderHook(() => useReplayableNetworks(creationData, []))
+      const { result } = renderHook(() => useCompatibleNetworks(creationData))
       expect(result.current).toHaveLength(4)
       expect(result.current.map((chain) => chain.chainId)).toEqual(['1', '10', '100', '480'])
     }
@@ -282,7 +233,7 @@ describe('useReplayableNetworks', () => {
         saltNonce: '0',
         setupData,
       }
-      const { result } = renderHook(() => useReplayableNetworks(creationData, []))
+      const { result } = renderHook(() => useCompatibleNetworks(creationData))
       expect(result.current).toHaveLength(4)
       expect(result.current.map((chain) => chain.chainId)).toEqual(['1', '10', '100', '480'])
     }
@@ -295,7 +246,7 @@ describe('useReplayableNetworks', () => {
         saltNonce: '0',
         setupData,
       }
-      const { result } = renderHook(() => useReplayableNetworks(creationData, []))
+      const { result } = renderHook(() => useCompatibleNetworks(creationData))
       expect(result.current).toHaveLength(3)
       expect(result.current.map((chain) => chain.chainId)).toEqual(['1', '10', '100'])
     }
@@ -308,13 +259,13 @@ describe('useReplayableNetworks', () => {
         saltNonce: '0',
         setupData,
       }
-      const { result } = renderHook(() => useReplayableNetworks(creationData, []))
+      const { result } = renderHook(() => useCompatibleNetworks(creationData))
       expect(result.current).toHaveLength(3)
       expect(result.current.map((chain) => chain.chainId)).toEqual(['1', '10', '100'])
     }
   })
 
-  it('should return correct chains for 1.1.1 Safes', () => {
+  it('should return empty list for 1.1.1 Safes', () => {
     const callData = {
       owners: [faker.finance.ethereumAddress()],
       threshold: 1,
@@ -343,8 +294,7 @@ describe('useReplayableNetworks', () => {
       saltNonce: '0',
       setupData,
     }
-    const { result } = renderHook(() => useReplayableNetworks(creationData, []))
-    expect(result.current).toHaveLength(2)
-    expect(result.current.map((chain) => chain.chainId)).toEqual(['1', '100'])
+    const { result } = renderHook(() => useCompatibleNetworks(creationData))
+    expect(result.current).toHaveLength(0)
   })
 })
diff --git a/src/features/multichain/hooks/useReplayableNetworks.ts b/src/features/multichain/hooks/useCompatibleNetworks.ts
similarity index 69%
rename from src/features/multichain/hooks/useReplayableNetworks.ts
rename to src/features/multichain/hooks/useCompatibleNetworks.ts
index d184f8a788..087ca0a4bc 100644
--- a/src/features/multichain/hooks/useReplayableNetworks.ts
+++ b/src/features/multichain/hooks/useCompatibleNetworks.ts
@@ -9,7 +9,7 @@ import {
   getSafeSingletonDeployments,
 } from '@safe-global/safe-deployments'
 
-const SUPPORTED_VERSIONS: SafeVersion[] = ['1.4.1', '1.3.0', '1.1.1']
+const SUPPORTED_VERSIONS: SafeVersion[] = ['1.4.1', '1.3.0']
 
 const hasDeployment = (chainId: string, contractAddress: string, deployments: SingletonDeploymentV2[]) => {
   return deployments.some((deployment) => {
@@ -22,11 +22,10 @@ const hasDeployment = (chainId: string, contractAddress: string, deployments: Si
 }
 
 /**
- * Returns all chains where the transaction can be replayed successfully.
- * Therefore the creation's masterCopy and factory need to be deployed to that network.
+ * Returns all chains where the creations's masterCopy and factory are deployed.
  * @param creation
  */
-export const useReplayableNetworks = (creation: ReplayedSafeProps | undefined, deployedChainIds: string[]) => {
+export const useCompatibleNetworks = (creation: ReplayedSafeProps | undefined) => {
   const { configs } = useChains()
 
   if (!creation) {
@@ -51,12 +50,10 @@ export const useReplayableNetworks = (creation: ReplayedSafeProps | undefined, d
     getProxyFactoryDeployments({ version }),
   ).filter(Boolean) as SingletonDeploymentV2[]
 
-  return configs
-    .filter((config) => !deployedChainIds.includes(config.chainId))
-    .filter(
-      (config) =>
-        (hasDeployment(config.chainId, masterCopy, allL1SingletonDeployments) ||
-          hasDeployment(config.chainId, masterCopy, allL2SingletonDeployments)) &&
-        hasDeployment(config.chainId, factoryAddress, allProxyFactoryDeployments),
-    )
+  return configs.filter(
+    (config) =>
+      (hasDeployment(config.chainId, masterCopy, allL1SingletonDeployments) ||
+        hasDeployment(config.chainId, masterCopy, allL2SingletonDeployments)) &&
+      hasDeployment(config.chainId, factoryAddress, allProxyFactoryDeployments),
+  )
 }