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To apply a new template to an existing PowerPoint presentation, first open the presentation you want to apply the new design to. Then, go to the File tab and click on Save As. In the dialog box, choose PowerPoint template from the Save As Type list and save the file. Next, open your existing presentation, go to the Design tab, expand the Themes gallery, and click on Browse for Themes. Find the location of the template, select it, and click Apply. This will change the design and formatting of all your slides to match the new template.