Company: TDBCP
Filing Date: 2025-02-26
Form Type: 424B5
Source: 0001193125-25-036947
Chunk: 106

Company: TORONTO DOMINION BANK
Filing Date: 2025-02-26
Form: 424B5
Chunk 106
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 or loss for 
 United States federal income tax purposes as a result of the defeasance or covenant defeasance;                   |

| • |     | such beneficial owners will be subject to United States federal income tax on the same amounts, in the same              
 manner and at the same times as would have been the case if such defeasance or covenant defeasance had not occurred; and |

| • |     | in the case of a defeasance (but not a covenant defeasance), this opinion must be based on a ruling of relevant 
 tax authorities or a change in United States tax laws occurring after the date of the applicable indenture.     |

Modification of the Indenture Modification without Consent of Holders. We and the trustee may enter into supplemental indentures without the consent of the holders of debt securities issued under each indenture to, among other things:

| • |     | secure any debt securities subject to the requirements of the Bank Act; |

| • |     | evidence the assumption by a successor corporation of our obligations; |

| • |     | add covenants or events of default for the protection of the holders of debt securities; |

| • |     | cure any ambiguity or correct any defect or inconsistency or make any other provisions with respect to matters                                 
 arising under the indenture as we may deem desirable, provided that no such action shall adversely affect the holders in any material respect; |

| • |     | establish the forms or terms of debt securities of any series; |

| • |     | evidence the acceptance of appointment by a successor trustee; |

| • |     | add to, change or eliminate provisions of the indenture that do not (i) apply to any series of debt                                                                
 securities created prior to such supplemental indenture and (ii) modify the rights of any holder of such series of debt securities with respect to such provision; |

| • |     | add to, change or eliminate provisions of the indenture with respect to a new series of debt securities; or |

| • |     | to increase the minimum denomination of debt securities of any series as may be permitted by the terms of such 
 series.                                                                                                        |

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Modification with Consent of Holders. We and the trustee, with the consent of the holders of not less than a majority in aggregate principal amount of each affected series of outstanding debt securities, voting as one class, may add any provisions to, or change in any manner or eliminate any of the provisions of, the indenture or modify