Company: TDBCP
Filing Date: 2025-04-07
Form Type: 424B2
Source: 0001140361-25-012608
Chunk: 16

Company: TORONTO DOMINION BANK
Filing Date: 2025-04-07
Form: 424B2
Chunk 16
---
 company is still a U.S. company. The final determination of domicile eligibility is made by the Index Committee, which can consider other factors including, but not limited to, operational headquarters location, ownership information, location of officers, directors and employees, investor perception and other factors deemed to be relevant.

| • | Exchange Listing. A primary listing on one of the following U.S. exchanges is required: NYSE, NYSE Arca, NYSE American, Nasdaq Global Select Market, Nasdaq Select Market, Nasdaq Capital Market, Cboe 
 BZX, Cboe BYX, Cboe EDGA or Cboe EDGX exchanges. Ineligible exchanges include the OTC Bulletin Board and Pink Sheets.                                                                                  |

| • | Market Capitalization. The unadjusted company market capitalization should be within a specified range. Such ranges are reviewed quarterly and                                 
 updated as needed to ensure they reflect current market conditions. For spin-offs, S&P U.S. Index membership eligibility is determined using when-issued prices, if available. |

| • | Liquidity. Using composite pricing and volume, the ratio of annual dollar value traded (defined as average closing price over the period                                                                                                        
 multiplied by historical volume over the last 365 calendar days) to float-adjusted market capitalization should be at least 1.00, and the stock should trade a minimum of 250,000 shares in each of the six months leading up to the evaluation 
 date.                                                                                                                                                                                                                                           |

| • | IWF. The IWF for each company represents the portion of the total shares outstanding that are considered part of the public float for purposes of the S&P U.S. Indices. An IWF of at least 0.10 is 
 required.                                                                                                                                                                                          |

| • | Financial Viability.The sum of the most recent four consecutive quarters’ Generally Accepted Accounting Principles (GAAP) earnings (net                                                                   
 income excluding discontinued operations) should be positive as should the most recent quarter. For REITs, financial viability is based on GAAP earnings and/or Funds From Operations (FFO), if reported. |

| • | Treatment of IPOs.Initial public offerings should be traded on an eligible exchange for at least 12 months before being considered for                                                 
 addition to an S&P U.S. Index. Spin-offs or in-specie distributions from existing constituents do not need to be seasoned for 12 months prior to their inclusion in an S&P U.S. Index. |

| • | Sector Balance.A company is evaluated for its