We can see the issue in the link shared by you. Please share the presentation in which you are facing this issue, that will help us in identifying the problem.
If you want you can mail it to firstname.lastname@example.org.
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Thanks for sharing the presentation.
Textbox in which your hyperlink is placed have text containing Text effects. When you publish the presentation then any text with text effect is published as an image.
So, place text with a hyperlink in a separate textbox which don't have any text effects. Segregate the content having text effect and hyperlink in 2 separate textbox.
Tried your solution, still didn't work (apparently text color is formatting) but it lead me to try superimposing an empty text box with the hyperlink attached to it above the link text which worked.
Thanks for your help,