diff --git a/lldb/include/lldb/Target/Memory.h b/lldb/include/lldb/Target/Memory.h
--- a/lldb/include/lldb/Target/Memory.h
+++ b/lldb/include/lldb/Target/Memory.h
@@ -116,7 +116,7 @@
 
   ~AllocatedMemoryCache();
 
-  void Clear();
+  void Clear(bool deallocate_memory);
 
   lldb::addr_t AllocateMemory(size_t byte_size, uint32_t permissions,
                               Status &error);
diff --git a/lldb/source/Target/Memory.cpp b/lldb/source/Target/Memory.cpp
--- a/lldb/source/Target/Memory.cpp
+++ b/lldb/source/Target/Memory.cpp
@@ -332,9 +332,9 @@
 
 AllocatedMemoryCache::~AllocatedMemoryCache() = default;
 
-void AllocatedMemoryCache::Clear() {
+void AllocatedMemoryCache::Clear(bool deallocate_memory) {
   std::lock_guard<std::recursive_mutex> guard(m_mutex);
-  if (m_process.IsAlive()) {
+  if (m_process.IsAlive() && deallocate_memory) {
     PermissionsToBlockMap::iterator pos, end = m_memory_map.end();
     for (pos = m_memory_map.begin(); pos != end; ++pos)
       m_process.DoDeallocateMemory(pos->second->GetBaseAddress());
diff --git a/lldb/source/Target/Process.cpp b/lldb/source/Target/Process.cpp
--- a/lldb/source/Target/Process.cpp
+++ b/lldb/source/Target/Process.cpp
@@ -543,7 +543,7 @@
   m_notifications.swap(empty_notifications);
   m_image_tokens.clear();
   m_memory_cache.Clear();
-  m_allocated_memory_cache.Clear();
+  m_allocated_memory_cache.Clear(/*deallocate_memory=*/true);
   {
     std::lock_guard<std::recursive_mutex> guard(m_language_runtimes_mutex);
     m_language_runtimes.clear();
@@ -5657,7 +5657,9 @@
   m_dyld_up.reset();
   m_jit_loaders_up.reset();
   m_image_tokens.clear();
-  m_allocated_memory_cache.Clear();
+  // After an exec, the inferior is a new process and these memory regions are
+  // no longer allocated.
+  m_allocated_memory_cache.Clear(/*deallocte_memory=*/false);
   {
     std::lock_guard<std::recursive_mutex> guard(m_language_runtimes_mutex);
     m_language_runtimes.clear();