Company: TDBCP
Filing Date: 2025-09-19
Form Type: 424B2
Source: 0001140361-25-035523
Chunk: 26

Company: TORONTO DOMINION BANK
Filing Date: 2025-09-19
Form: 424B2
Chunk 26
---
isor Adjustments The divisor is adjusted to ensure that changes in Nasdaq-100 Index ®constituents either by corporate actions (that adjust either the price or shares of a Nasdaq-100 Index ®stock) or Nasdaq-100 Index ®participation outside of trading hours do not affect the value of the Nasdaq-100 Index ®. All divisor changes occur after the close of the applicable index stock markets. Quarterly Nasdaq-100 Index ®Rebalancing On a quarterly basis coinciding with the quarterly scheduled index shares adjustment procedures, as discussed below, the Nasdaq-100 Index ®will be rebalanced if it is determined that (1) the current weight of the single Nasdaq-100 Index ®stock with the largest market capitalization is greater than 24.0% of the Nasdaq-100 Index ®or (2) the collective weight of those stocks whose individual current weights are in excess of 4.5% exceeds 48.0% of the Nasdaq-100 Index ®. In addition, a “special rebalancing” of the Nasdaq-100 Index ®may be conducted at any time if Nasdaq, Inc. determines it necessary to maintain the integrity and continuity of the Nasdaq-100 Index ®. If either one or both of the above weight distribution conditions are met upon quarterly review, or Nasdaq, Inc. determines that a special rebalancing is necessary, a weight rebalancing will be performed. If the first weight distribution condition is met and the current weight of the single Nasdaq-100 Index ®stock with the largest market capitalization is greater than 24.0%, then the weights of all stocks with current weights greater than 1.0% (“large stocks”) will be scaled down proportionately toward 1.0% until the adjusted weight of the single largest Nasdaq-100 Index ®stock reaches 20.0%. If the second weight distribution condition is met and the collective weight of those stocks whose individual current weights are in excess of 4.5% (or adjusted weights in accordance with the previous step, if applicable) exceeds 48.0% of the Nasdaq-100 Index ®, then the weights of all such large stocks in that group will be scaled down proportionately toward 1.0% until their collective weight, so adjusted, is equal to 40.0%. The aggregate weight reduction among the large stocks resulting from either or both of the rebalancing steps above will then be redistributed to those stocks with weightings of