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To apply a template to an existing PowerPoint presentation, first open the desired presentation with the design you want to use. Click on the "File" tab, then select "Save As." In the dialog box, choose "PowerPoint Template" from the "Save as type" list and save it. Next, open your existing presentation, go to the "Design" tab, and expand the themes gallery. Click on the "Browse for Themes" option at the bottom. Locate and select the saved template, then click the "Apply" button. All slides in your presentation will then adopt the new design and formatting from the template.