EXHIBIT 21.1
SUBSIDIARIES OF CLEARFIELD, INC.
As of September 30, 2023
| Entity Name | State or Other | 
| Clearfield Finland Oy (1) | Finland | 
| Nestor Cables Oy (2) | Finland | 
| Nestor Cables Baltics OÜ (3) | Estonia | 
| (1) | 100% owned subsidiary of Clearfield, Inc. | 
| (2) | 100% owned subsidiary of Clearfield Finland Oy | 
| (3) | 100% owned subsidiary of Nestor Cables Oy |