Company: TDBCP
Filing Date: 2025-07-29
Form Type: 424B2
Source: 0001140361-25-027841
Chunk: 26

Company: TORONTO DOMINION BANK
Filing Date: 2025-07-29
Form: 424B2
Chunk 26
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 applicable, is specified in this pricing supplement and may be adjusted by the Calculation Agent if any of the dilution events described below occurs with respect to the Reference Asset after the Pricing Date. The Calculation Agent will adjust the Initial Price, Threshold Price and/or any other relevant term, as applicable, for the Reference Asset as described below, but only if an event below under this section occurs with respect to the Reference Asset and the relevant event occurs during the period described under the applicable subsection. The Initial Price, Threshold Price and/or any other relevant term, as applicable, for the Reference Asset may each be subject to the adjustments described below, independently and separately, with respect to the dilution events that affect the Reference Asset. No such adjustments will be required unless such adjustments would result in a change of at least 0.1% to the Initial Price, Threshold Price and/or any other relevant term, as applicable. If more than one anti-dilution event requiring adjustment occurs with respect to the Initial Price, Threshold Price and/or any other relevant term, as applicable, for the Reference Asset, the Calculation Agent will adjust that Initial Price, Threshold Price and/or any other relevant term, as applicable, for each event, sequentially, in the order in which the events occur, and on a cumulative basis. Therefore, having adjusted the Initial Price, Threshold Price and/or any other relevant term, as applicable, for the first event, the Calculation Agent will adjust the Initial Price, Threshold Price and/or any other relevant term, as applicable, for the second event, applying the required adjustment to the Initial Price, Threshold Price and/or any other relevant term, as applicable, as already adjusted for the first event, and so on for each event for the Reference Asset. If an event requiring an anti-dilution adjustment occurs, the Calculation Agent will make the adjustment with a view to offsetting, to the extent practical, any change in the economic position of the holder and us, relative to the affected Notes, that results solely from that event. Accordingly, the Calculation Agent may modify or make adjustments that differ from the anti-dilution adjustments discussed herein as necessary to ensure an equitable result. Share Splits and Share Dividends A share split is an increase in the number of a corporation’s outstanding shares without any change in its shareholders’ equity. When a corporation pays a share dividend, it issues additional shares of its stock to all holders of its outstanding shares in proportion to the shares they own. Each outstanding share will be worth less as a result of a share split