You have to options.
Option 1:
Wait until your existing RI is finished -> Maybe depends when this will be.
Option 2:
It's possible to exchange existing RIs to new RIs without a fee. Limitation: The new RI must have at least the same value than the prorated existing RI.
Source: https://azure.microsoft.com/en-us/pricing/reserved-vm-instances/ -> FAQ "Are there any restrictions on exchanges?" and "How do I exchange or cancel my Azure Reserved VM Instances?"
Maybe this is helpful.
Regards
Andreas Baumgarten
(Please don't forget to Accept as answer if the reply is helpful)