Microsoft released the February 2021 non-security Microsoft Office updates with improvements and fixes for issues and crashes impacting Windows Installer editions of Office 2016, Office 2013, and Office 2010 products. The February 2021 updates can be manually installed from the Download Center or by using the Microsoft Update service for automatic installation. They apply to Microsoft Installer (.msi)-based Office products only and do not apply to Office subscription or Office 2016 Click-to-Run editions like Microsoft Office 365 Home. The full list of updates and the Office product they apply to is embedded below.
Source: https://www.bleepingcomputer.com/news/microsoft/microsoft-fixes-powerpoint-crashes-in-office-february-updates/