Company: TDBCP
Filing Date: 2025-07-22
Form Type: 424B2
Source: 0001140361-25-026682
Chunk: 23

Company: TORONTO DOMINION BANK
Filing Date: 2025-07-22
Form: 424B2
Chunk 23
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 re-listed or approved for trading on a successor exchange which is a major U.S. securities exchange registered under the Exchange Act, as determined by the Calculation Agent (a “successor exchange”), then the Reference Asset will continue to be deemed the Reference Asset. If the Reference Asset is delisted or trading of the Reference Asset is suspended on its primary exchange, and the Reference Asset is not immediately re-listed or approved for trading on a successor exchange, then the Calculation Agent will deem the Closing Price of the applicable Reference Asset on the Trading Day immediately prior to its delisting or suspension to be the Closing Price of the applicable Reference Asset on each remaining Trading Day to, and including, the Valuation Date. Notwithstanding these alternative arrangements, any delisting or suspension of trading in an equity security may adversely affect the market value of, and return on, the Notes. Anti-Dilution Adjustments The Initial Price, Threshold Price and/or any other relevant term, as 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