I create a custom theme and I want to change this file:
To be safe I need to move this file in my custom theme? If yes what will be the correct path in my theme folder?
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Yes you ought to override the template using your theme. Lots of useful theme structure info here in the devdocs so definitely read up on that.
In this particular case you need to place your template in the folder following this structure:
<Vendor>_<Module>/templates so it would be