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To apply a template to an existing PowerPoint presentation, first, open the presentation you want to use as a template. Go to the File tab and click "Save As," then select "PowerPoint Template" from the "Save as type" list and save it. Next, open your existing presentation and go to the Design tab. Expand the themes gallery and click on "Browse for Themes" at the bottom. Navigate to the location of your saved template, select it, and click the "Apply" button. This will change the design of all your slides to match the new template's look and formatting.