Company: TDBCP
Filing Date: 2025-02-28
Form Type: 424B2
Source: 0001140361-25-006546
Chunk: 33

Company: TORONTO DOMINION BANK
Filing Date: 2025-02-28
Form: 424B2
Chunk 33
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 Exchange calculates the SMI using the “Laspeyres formula,” with a weighted arithmetic mean of a defined number of securities issues. The formula for calculating the index value can be expressed as follows:

| SMI   = | Free Float Market Capitalization of the index |
| Divisor |                                               |

The “free float market capitalization of the index” is equal to the sum of the product of the last-paid price, the number of shares, the free-float factor and, if a foreign stock is included, the current CHF exchange rate as of the time the index value is being calculated. The index value is calculated in real time and is updated whenever a trade is made in a component stock. Where any index component stock price is unavailable on any trading day, Six Exchange will use the last reported price for such component stock. Only prices from the SIX Exchange’s electronic order book are used in calculating the SMI. Divisor Value and Adjustments The divisor is a technical number used to calculate the SMI and is adjusted to reflect changes in market capitalization due to corporate events, and is adjusted by Six Exchange to reflect corporate events, as described in the SMI rules. The following graph shows the daily historical performance of the SMI in the period from January 1, 2015 through February 21, 2025. We obtained this historical data from Bloomberg L.P. We have not independently verified the accuracy or completeness of the information obtained from Bloomberg L.P. On February 21, 2025, the closing level of the SMI was 12,948.60. Historical Performance of the Swiss Market Index ® This historical data on the SMI is not necessarily indicative of the future performance of the SMI or what the value of the notes may be. Any historical upward or downward trend in the level of the SMI during any period set forth above is not an indication that the level of the SMI is more or less likely to increase or decrease at any time over the term of the notes. Before investing in the notes, you should consult publicly available sources for the levels of the SMI.

| Autocallable Strategic Accelerated Redemption Securities® | TS-22 |

| Autocallable Strategic Accelerated Redemption Securities®Linked to an International Equity Index Basket due March  , 2028 |

License Agreement We have entered into a non-exclusive license agreement with SIX Swiss Exchange, whereby we and our affiliates and subsidiary companies, in exchange for a fee, will be permitted to use the SMI, which