Company: TDBCP
Filing Date: 2025-09-16
Form Type: 424B2
Source: 0001193125-25-205043
Chunk: 10

Company: TORONTO DOMINION BANK
Filing Date: 2025-09-16
Form: 424B2
Chunk 10
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 only as of the date of this prospectus supplement and are presented for the purpose of assisting prospective purchasers of the Bank’s securities in understanding the Bank’s financial position, objectives
and priorities and anticipated financial performance as at and for the periods ended on the dates presented, and may not be appropriate for other purposes. The Bank does not undertake to update any forward-looking statements, whether written or
oral, that may be made from time to time by or on its behalf, except as required under applicable securities legislation. See “Risk Factors”.

S-v

SUMMARY OF THE NOTES The summary below describes the principal terms of the Notes. Certain of the terms and conditions described below are subject to important limitations and exceptions. The “Description of the Notes” section of this prospectus supplement and the “Description of the Debt Securities” section of the accompanying base prospectus contain a more detailed description of the terms and conditions of the Notes, and the “Description of Common Shares and Preferred Shares” section of the accompanying base prospectus contains a more detailed description of Common Shares to be delivered as Corresponding Limited Recourse Trust Assets pursuant to a Recourse Event that is a Trigger Event.

| Issuer: | The Toronto-Dominion Bank |

| Issue: | 6.350% Fixed Rate Reset Limited Recourse Capital Notes, Series 6 (Non-Viability Contingent Capital (NVCC)) |

| Principal Amount: | US$750,000,000 |

| From the date of issue to, but excluding, the Initial Reset Date, the interest rate on the Notes will be fixed at 6.350% per annum. Starting on the Initial Reset Date and on every fifth anniversary of such date                             
 thereafter until October 31, 2080, the interest rate on the Notes will be reset at an interest rate per annum equal to the sum, as determined by TD or our designee, of (i) the U.S. Treasury Rate on the applicable Interest Rate Calculation 
 Date plus (ii) 2.721%. Assuming the Notes are issued on September 23, 2025, the first interest payment on the Notes on January 31, 2026 will be in an amount of US$22.57778 per US$1,000 principal amount of Notes.                            |

| Interest Deferability: | Interest payments are non-deferrable. |

| Immediately after a Failed Coupon Payment Date, pursuant to the limited recourse feature as described in “Description of the Notes—Limited Recourse”, each Noteholder will receive such