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<!-- XBRL Document Created with Wdesk from Workiva --> |
<!-- Copyright 2023 Workiva --> |
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| <link:roleRef roleURI="http://xbrl.sec.gov/ecd/role/PvpDisclosure" xlink:type="simple" xlink:href="https://xbrl.sec.gov/ecd/2022q4/ecd-2022q4.xsd#PvpDisclosure"/> |
| <link:presentationLink xlink:role="http://xbrl.sec.gov/ecd/role/PvpDisclosure" xlink:type="extended"> |
| | <link:loc xlink:type="locator" xlink:label="loc_ecd_AllAdjToCompMember" xlink:href="https://xbrl.sec.gov/ecd/2022q4/ecd-2022q4.xsd#ecd_AllAdjToCompMember"/> |
| | <link:loc xlink:type="locator" xlink:label="loc_pen_EquityAwardsReportedValueMember" xlink:href="pen-20230419.xsd#pen_EquityAwardsReportedValueMember"/> |
| | <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecd_AllAdjToCompMember" xlink:to="loc_pen_EquityAwardsReportedValueMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/label"/> |
| | <link:loc xlink:type="locator" xlink:label="loc_pen_EquityAwardsGrantedDuringTheYearUnvestedMember" xlink:href="pen-20230419.xsd#pen_EquityAwardsGrantedDuringTheYearUnvestedMember"/> |
| | <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecd_AllAdjToCompMember" xlink:to="loc_pen_EquityAwardsGrantedDuringTheYearUnvestedMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/label"/> |
| | <link:loc xlink:type="locator" xlink:label="loc_pen_EquityAwardsGrantedInPriorYearsUnvestedMember" xlink:href="pen-20230419.xsd#pen_EquityAwardsGrantedInPriorYearsUnvestedMember"/> |
| | <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecd_AllAdjToCompMember" xlink:to="loc_pen_EquityAwardsGrantedInPriorYearsUnvestedMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/label"/> |
| | <link:loc xlink:type="locator" xlink:label="loc_pen_EquityAwardsGrantedInPriorYearsVestedMember" xlink:href="pen-20230419.xsd#pen_EquityAwardsGrantedInPriorYearsVestedMember"/> |
| | <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ecd_AllAdjToCompMember" xlink:to="loc_pen_EquityAwardsGrantedInPriorYearsVestedMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/label"/> |
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