Company: TDBCP
Filing Date: 2025-09-12
Form Type: 424B5
Source: 0001193125-25-201820
Chunk: 101

Company: TORONTO DOMINION BANK
Filing Date: 2025-09-12
Form: 424B5
Chunk 101
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) in no case will the amount recoverable in any action exceed the price at which the securities were offered under the offering memorandum, or any amendment thereto.

The statutory right of action described above does not apply to the following purchasers of securities in Ontario: (a) a Canadian
financial institution, as defined in Ontario Securities Commission (“OSC”) Rule 45-501—Ontario Prospectus and Registration Exemptions, or an authorized foreign bank named in Schedule III
of the Bank Act (Canada); (b) the Business Development Bank of Canada incorporated under the Business Development Bank of Canada Act (Canada); or (c) a subsidiary of any person referred to in paragraphs (a) and (b), if the person owns all
of the voting securities of the subsidiary, except the voting securities required by law to be owned by directors of that subsidiary.

No
action shall be commenced to enforce the right of action described above unless the right is exercised within: (a) in the case of an action for rescission, 180 days after the date of the transaction that gave rise to the cause of action; or
(b) in the case of any action for damages, the earlier of: (i) 180 days after the date the purchasers first had knowledge of the facts giving rise to the cause of action; and (ii) three years after the date of the transaction that gave
rise to the cause of action.

Rights of Action for Damages or Rescission—Alberta, British Columbia, Québec and Manitoba

Purchasers of Notes pursuant to this prospectus supplement and the accompanying prospectus who are relying on the accredited investor
exemption in section 2.3 of NI 45-106 who are resident in Alberta, British Columbia, Québec or Manitoba are hereby granted a contractual right of action for damages or rescission if this offering
memorandum, together with any amendments thereto, contains a misrepresentation. This contractual right of action shall be granted on the same terms and conditions as the statutory rights of action for purchasers of Notes who are resident in Ontario
and who are relying on the accredited investor exemption of NI 45-106, as described above.

Resale Restrictions

The
Notes have not been nor will they be qualified by prospectus for offer or sale to the public under applicable Canadian securities laws and, accordingly, any offer and sale of the Notes in the Canadian jurisdictions will be made on a basis which is
exempt from the prospectus requirements of Canadian securities laws. Accordingly, purchasers