Company: TDBCP
Filing Date: 2025-02-27
Form Type: 424B2
Source: 0001193125-25-039151
Chunk: 24

Company: TORONTO DOMINION BANK
Filing Date: 2025-02-27
Form: 424B2
Chunk 24
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 City time, on the                                                                                                                                     
 relevant interest calculation date, unless the calculation is made earlier and the rate is available from one of those sources at that time, then the CMT rate will be the treasury constant maturity rate, or other U.S. treasury rate, for the 
 designated CMT index maturity and with reference to the relevant interest determination date, that:                                                                                                                                              |

| • |     | is published by the Board of Governors of the Federal Reserve System, or the Treasury; and |

| • |     | is determined by the calculation agent to be comparable to the applicable rate formerly displayed on the 
 designated CMT Reuters page and published in H.15(519).                                                  |

| • |     | If the rate described in the prior paragraph does not appear by 3:00 P.M., New York City time, on the relevant                                                                                                                                       
 interest calculation date, unless the calculation is made earlier and the rate is available from one of those sources at that time, then the CMT rate will be the yield to maturity of the arithmetic mean of the following secondary market offered 
 rates for the most recently issued treasury notes having an original maturity equal to the designated CMT index maturity and a remaining term to maturity of not less than the designated CMT index maturity minus one year, and in a representative 
 amount: the bid rates, as of approximately 3:30 P.M., New York City time, on the relevant interest determination date, of three leading primary U.S. government securities dealers in New York City (each, a “reference dealer”), one of which       
 may be TD or an affiliate, selected by the calculation agent. In selecting these bid rates, the calculation agent will request quotations from five of these reference dealers and will disregard the highest quotation—or, if there is equality,    
 one of the highest quotations—and the lowest quotation—or, if there is equality, one of the lowest quotations. Treasury notes are direct, non-callable, fixed rate obligations of the U.S. government.                                               |

| • |     | If three or four of these reference dealers are quoting as described in the prior paragraph, then the CMT rate                                                                                      
 for the relevant interest determination date will be based on the arithmetic mean of the offered rates so obtained, and neither the highest nor the lowest of those quotations will be disregarded. |

16

| • |     | If the calculation agent is unable to obtain three treasury note quotations, the CMT rate will be the yield to                                                                                                                                           
 maturity of the arithmetic mean of the following