diff --git a/mysql-test/extra/binlog_tests/binlog.test b/mysql-test/extra/binlog_tests/binlog.test
index 7f48341077e..fd6ba1c17fa 100644
--- a/mysql-test/extra/binlog_tests/binlog.test
+++ b/mysql-test/extra/binlog_tests/binlog.test
@@ -302,5 +302,58 @@ BINLOG '
 SHOW BINLOG EVENTS;
 
 DROP TABLE t1;
+
+--echo
+--echo # BUG#54903 BINLOG statement toggles session variables
+--echo # ----------------------------------------------------------------------
+--echo # This test verify that BINLOG statement doesn't change current session's
+--echo # variables foreign_key_checks and unique_checks.
+--echo
+CREATE TABLE t1 (c1 INT KEY);
+
+SET @@SESSION.foreign_key_checks= ON;
+SET @@SESSION.unique_checks= ON;
+
+--echo # INSERT INTO t1 VALUES (1)
+--echo # foreign_key_checks=0 and unique_checks=0
+BINLOG '
+dfLtTBMBAAAAKQAAANcAAAAAABcAAAAAAAEABHRlc3QAAnQxAAEDAAE=
+dfLtTBcBAAAAIgAAAPkAAAAAABcAAAAAAAcAAf/+AQAAAA==
+';
+
+SELECT * FROM t1;
+--echo # Their values should be ON
+SHOW SESSION VARIABLES LIKE "%_checks";
+
+--echo
+SET @@SESSION.foreign_key_checks= OFF;
+SET @@SESSION.unique_checks= OFF;
+
+--echo # INSERT INTO t1 VALUES(2)
+--echo # foreign_key_checks=1 and unique_checks=1
+BINLOG '
+dfLtTBMBAAAAKQAAAKsBAAAAABcAAAAAAAEABHRlc3QAAnQxAAEDAAE=
+dfLtTBcBAAAAIgAAAM0BAAAAABcAAAAAAAEAAf/+AgAAAA==
+';
+
+SELECT * FROM t1;
+--echo # Their values should be OFF
+SHOW SESSION VARIABLES LIKE "%_checks";
+
+--echo # INSERT INTO t1 VALUES(2)
+--echo # foreign_key_checks=1 and unique_checks=1
+--echo # It should not change current session's variables, even error happens
+--error 1062
+BINLOG '
+dfLtTBMBAAAAKQAAAKsBAAAAABcAAAAAAAEABHRlc3QAAnQxAAEDAAE=
+dfLtTBcBAAAAIgAAAM0BAAAAABcAAAAAAAEAAf/+AgAAAA==
+';
+
+SELECT * FROM t1;
+--echo # Their values should be OFF
+SHOW SESSION VARIABLES LIKE "%_checks";
+
+DROP TABLE t1;
+
 disconnect fresh;
 
diff --git a/mysql-test/suite/binlog/r/binlog_row_binlog.result b/mysql-test/suite/binlog/r/binlog_row_binlog.result
index d612e7adde1..1678f8add58 100644
--- a/mysql-test/suite/binlog/r/binlog_row_binlog.result
+++ b/mysql-test/suite/binlog/r/binlog_row_binlog.result
@@ -1330,3 +1330,62 @@ Log_name	Pos	Event_type	Server_id	End_log_pos	Info
 #	#	Write_rows	1	#	table_id: # flags: STMT_END_F
 #	#	Query	1	#	COMMIT
 DROP TABLE t1;
+
+# BUG#54903 BINLOG statement toggles session variables
+# ----------------------------------------------------------------------
+# This test verify that BINLOG statement doesn't change current session's
+# variables foreign_key_checks and unique_checks.
+
+CREATE TABLE t1 (c1 INT KEY);
+SET @@SESSION.foreign_key_checks= ON;
+SET @@SESSION.unique_checks= ON;
+# INSERT INTO t1 VALUES (1)
+# foreign_key_checks=0 and unique_checks=0
+BINLOG '
+dfLtTBMBAAAAKQAAANcAAAAAABcAAAAAAAEABHRlc3QAAnQxAAEDAAE=
+dfLtTBcBAAAAIgAAAPkAAAAAABcAAAAAAAcAAf/+AQAAAA==
+';
+SELECT * FROM t1;
+c1
+1
+# Their values should be ON
+SHOW SESSION VARIABLES LIKE "%_checks";
+Variable_name	Value
+foreign_key_checks	ON
+unique_checks	ON
+
+SET @@SESSION.foreign_key_checks= OFF;
+SET @@SESSION.unique_checks= OFF;
+# INSERT INTO t1 VALUES(2)
+# foreign_key_checks=1 and unique_checks=1
+BINLOG '
+dfLtTBMBAAAAKQAAAKsBAAAAABcAAAAAAAEABHRlc3QAAnQxAAEDAAE=
+dfLtTBcBAAAAIgAAAM0BAAAAABcAAAAAAAEAAf/+AgAAAA==
+';
+SELECT * FROM t1;
+c1
+1
+2
+# Their values should be OFF
+SHOW SESSION VARIABLES LIKE "%_checks";
+Variable_name	Value
+foreign_key_checks	OFF
+unique_checks	OFF
+# INSERT INTO t1 VALUES(2)
+# foreign_key_checks=1 and unique_checks=1
+# It should not change current session's variables, even error happens
+BINLOG '
+dfLtTBMBAAAAKQAAAKsBAAAAABcAAAAAAAEABHRlc3QAAnQxAAEDAAE=
+dfLtTBcBAAAAIgAAAM0BAAAAABcAAAAAAAEAAf/+AgAAAA==
+';
+ERROR 23000: Duplicate entry '2' for key 'PRIMARY'
+SELECT * FROM t1;
+c1
+1
+2
+# Their values should be OFF
+SHOW SESSION VARIABLES LIKE "%_checks";
+Variable_name	Value
+foreign_key_checks	OFF
+unique_checks	OFF
+DROP TABLE t1;
diff --git a/mysql-test/suite/binlog/r/binlog_stm_binlog.result b/mysql-test/suite/binlog/r/binlog_stm_binlog.result
index f5ba4524c61..872a93bef43 100644
--- a/mysql-test/suite/binlog/r/binlog_stm_binlog.result
+++ b/mysql-test/suite/binlog/r/binlog_stm_binlog.result
@@ -801,3 +801,62 @@ Log_name	Pos	Event_type	Server_id	End_log_pos	Info
 #	#	Write_rows	1	#	table_id: # flags: STMT_END_F
 #	#	Query	1	#	COMMIT
 DROP TABLE t1;
+
+# BUG#54903 BINLOG statement toggles session variables
+# ----------------------------------------------------------------------
+# This test verify that BINLOG statement doesn't change current session's
+# variables foreign_key_checks and unique_checks.
+
+CREATE TABLE t1 (c1 INT KEY);
+SET @@SESSION.foreign_key_checks= ON;
+SET @@SESSION.unique_checks= ON;
+# INSERT INTO t1 VALUES (1)
+# foreign_key_checks=0 and unique_checks=0
+BINLOG '
+dfLtTBMBAAAAKQAAANcAAAAAABcAAAAAAAEABHRlc3QAAnQxAAEDAAE=
+dfLtTBcBAAAAIgAAAPkAAAAAABcAAAAAAAcAAf/+AQAAAA==
+';
+SELECT * FROM t1;
+c1
+1
+# Their values should be ON
+SHOW SESSION VARIABLES LIKE "%_checks";
+Variable_name	Value
+foreign_key_checks	ON
+unique_checks	ON
+
+SET @@SESSION.foreign_key_checks= OFF;
+SET @@SESSION.unique_checks= OFF;
+# INSERT INTO t1 VALUES(2)
+# foreign_key_checks=1 and unique_checks=1
+BINLOG '
+dfLtTBMBAAAAKQAAAKsBAAAAABcAAAAAAAEABHRlc3QAAnQxAAEDAAE=
+dfLtTBcBAAAAIgAAAM0BAAAAABcAAAAAAAEAAf/+AgAAAA==
+';
+SELECT * FROM t1;
+c1
+1
+2
+# Their values should be OFF
+SHOW SESSION VARIABLES LIKE "%_checks";
+Variable_name	Value
+foreign_key_checks	OFF
+unique_checks	OFF
+# INSERT INTO t1 VALUES(2)
+# foreign_key_checks=1 and unique_checks=1
+# It should not change current session's variables, even error happens
+BINLOG '
+dfLtTBMBAAAAKQAAAKsBAAAAABcAAAAAAAEABHRlc3QAAnQxAAEDAAE=
+dfLtTBcBAAAAIgAAAM0BAAAAABcAAAAAAAEAAf/+AgAAAA==
+';
+ERROR 23000: Duplicate entry '2' for key 'PRIMARY'
+SELECT * FROM t1;
+c1
+1
+2
+# Their values should be OFF
+SHOW SESSION VARIABLES LIKE "%_checks";
+Variable_name	Value
+foreign_key_checks	OFF
+unique_checks	OFF
+DROP TABLE t1;
diff --git a/sql/sql_binlog.cc b/sql/sql_binlog.cc
index 82de6feb1a9..31fd2de3722 100644
--- a/sql/sql_binlog.cc
+++ b/sql/sql_binlog.cc
@@ -50,6 +50,13 @@ void mysql_client_binlog_statement(THD* thd)
   }
   size_t decoded_len= base64_needed_decoded_length(coded_len);
 
+  /*
+    thd->options will be changed when applying the event. But we don't expect
+    it be changed permanently after BINLOG statement, so backup it first.
+    It will be restored at the end of this function.
+  */
+  ulonglong thd_options= thd->options;
+
   /*
     Allocation
   */
@@ -236,6 +243,7 @@ void mysql_client_binlog_statement(THD* thd)
   my_ok(thd);
 
 end:
+  thd->options= thd_options;
   rli->clear_tables_to_lock();
   my_free(buf, MYF(MY_ALLOW_ZERO_PTR));
   DBUG_VOID_RETURN;