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You can add a watermark to your PowerPoint slides, even though it doesn't have an automatic feature for this. To create a watermark effect, go to View and select Slide Master. Choose the first slide, then click Insert and select Text Box to draw a text box and type your desired text. Format the text as needed, rotate it using the rotation handle, and change its color to a lighter shade for better visibility. Finally, position the text as desired, then select Slide Master and choose Close Master View to see your watermark on the slides.