Hi @Renan de Araujo
I have tried to replicate your scenario on my end using PowerPoint for Mac version 16.108.3, however the behavior you described does not appear in my testing environment.

For reference,the font used is Roboto Variable, as shown below.

The kerning setting for the font is set to apply for sizes 12 points and above.

To better understand your situation, may I confirm whether your configuration differs from mine in any way?
In addition, aside from the Roboto font, could you please check if this behavior also occurs when using other fonts?
You also mentioned that "We've tried exporting from macOS, Windows and online", may I confirm whether the same behavior is observed consistently across all these platforms?
If I’ve misunderstood any part of your situation, or if you have further questions or updates, please don’t hesitate to reply.
Thank you for your time, and I look forward to hearing from you soon.
Note: Please follow the steps in our documentation to enable e-mail notifications if you want to receive the related email notification for this thread.