Exhibit 21.1
Penguin Solutions, Inc.
Subsidiaries of the Registrant as of August 28, 2026


Name *State or Other Jurisdiction of Incorporation or Organization
Penguin Solutions Holdings, LLC
Delaware
Penguin Solutions (Cayman), Inc.
Cayman Islands
Saleen Intermediate Holdings, Inc.
Cayman Islands
SMART Worldwide Holdings, Inc.
Cayman Islands
SMART Modular Technologies (Global), Inc.
Cayman Islands
SMART Modular Technologies (DH), Inc.
Cayman Islands
Penguin Solutions (SMART Modular), Inc. (CI)
Cayman Islands
SMART Modular Technologies (DE), Inc.
Delaware
Penguin Solutions LLC
California
Penguin Solutions (PENG) Ireland Limited
Ireland
Penguin Solutions (SMART Modular) Sdn. Bhd.
Malaysia

* The subsidiaries of the Registrant do not do business under any name other than as listed above.