Company: TDBCP
Filing Date: 2025-09-29
Form Type: 424B2
Source: 0001140361-25-036505
Chunk: 15

Company: TORONTO DOMINION BANK
Filing Date: 2025-09-29
Form: 424B2
Chunk 15
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 equal an investment into the portfolio. The following is a summary of the adjustments to any underlier stock made for corporate actions and the effect of such adjustments on the divisor, where shareholders of the underlier stock will receive “B” new shares for every “A” share held (where applicable) and assuming that the version of the index to which your notes are linked is the price return version. If your notes are linked to the total return calculation of the SX5E, please see the discussion in your pricing supplement regarding divisor adjustments. All adjusted prices consider withholding taxes based on the new shares being distributed, using “B * (1 – withholding tax where applicable)”. (1) Special cash dividend: Adjusted price = closing price – dividend announced by the company * (1- withholding tax if applicable) Divisor: decreases (2) Split and reverse split: Adjusted price = closing price * A / B New number of shares = old number of shares * B / A Divisor: no change (3) Rights offering: Adjusted price = (closing price * A + subscription price * B) / (A + B)

| Accelerated Return Notes® | TS-9 |

New number of shares = old number of shares * (A + B) / A Divisor: increases If the subscription price is not available or if the subscription price is equal to or greater than the closing price on the day before the effective date, then no adjustment is made. Extremely dilutive rights issues having a share ratio larger or equal to 2000% (B/A >20) are treated as follows: STOXX will announce the deletion of the company from all indices following the standard rules for index replacements if sufficient notice of two trading days before the ex-date can be given. The company may enter the indices again at the next periodic index review, but only after the new rights issue shares have been listed. Extremely dilutive rights issues for which two trading days’ notice before the ex-date cannot be given, and all highly dilutive rights issues having a share ratio larger or equal to 200% (B/A>2) are treated as follows:

| ● | The rights issue shares are included into the indices with a theoretical price on the ex-date; |

| ● | The rights issue shares must be listed on an eligible stock exchange and tradable starting on the ex-date, otherwise, only a price adjustment is made and the rights are not 
 included;                                                                                                                                                                    |

| ● | The rights issue shares will have the same parameters as