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Hello @brvnbld,
Thank you for contacting Rank Math support.
The %excerpt% variable is the default meta description used by our plugin in the Titles & Meta settings. If you have set a custom description for the pages in the meta box, then it will override the default description. If your issue is related to something else, please share some screenshots using a tool like https://imgur.com/ so we can check and assist you further.
Looking forward to helping you.