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To apply a new template to an existing presentation in PowerPoint, open the presentation you want to change, click on the File tab, then Save As, and choose PowerPoint template from the list. Save the template. Next, open your existing presentation, go to the Design tab, and select Browse for themes in the Themes gallery. Find and select the template from its location, then click Apply. This will update the design and formatting of all your slides to match the new template.