Company: TDBCP
Filing Date: 2025-02-26
Form Type: 424B5
Source: 0001193125-25-036947
Chunk: 24

Company: TORONTO DOMINION BANK
Filing Date: 2025-02-26
Form: 424B5
Chunk 24
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 supplement, we will not make any adjustment or change in the terms of any note in the event of
any change in exchange rates for the relevant currency, whether in the event of any devaluation, revaluation or imposition of exchange or other regulatory controls or taxes or in the event of other developments affecting that currency or any other
currency. Consequently, investors in notes will bear the risk that their investment may be adversely affected by these types of events.

S-16

USE OF PROCEEDS

Except as otherwise set forth in the applicable pricing supplement, the net proceeds from the sale of any notes will be added to our general
funds and will be utilized for general corporate purposes, which may include hedging our obligations under the notes, funding of our affiliate TD Securities (USA) LLC or any other general corporate purpose we may deem necessary or advisable. We and
TD Securities (USA) LLC, as agent, have entered into a distribution agreement with respect to the notes. For more information, see “Supplemental Plan of Distribution (Conflicts of Interest).”

S-17

DESCRIPTION OF THE NOTES WE MAY OFFER

You should carefully read the description of the terms and provisions of the notes and our senior indenture under “Description of the Debt
Securities” in the accompanying prospectus. That section, together with this prospectus supplement and the applicable pricing supplement, summarizes all the material terms of our senior indenture and your notes. They do not, however, describe
every aspect of our senior indenture and your notes.

For example, in this section entitled “Description of the Notes We May
Offer,” the accompanying prospectus and the applicable pricing supplement, we use terms that have been given special meanings in our senior indenture, but we describe the meanings of only the more important of those terms. The specific terms of
any series of notes will be described in the applicable pricing supplement. As you read this section, please remember that the specific terms of your notes as described in the applicable pricing supplement will supplement and may modify or replace
the general terms described in this prospectus supplement and/or the accompanying prospectus. If the terms described in the applicable pricing supplement are inconsistent with those described in this prospectus supplement and/or in the accompanying
prospectus, the following hierarchy will govern: first, the applicable pricing supplement; second, this prospectus supplement; and last, the accompanying prospectus. Thus, the statements we make in this section may not apply to your notes.

General

The notes will be issued