Company: TDBCP
Filing Date: 2025-02-26
Form Type: 424B5
Source: 0001193125-25-036947
Chunk: 115

Company: TORONTO DOMINION BANK
Filing Date: 2025-02-26
Form: 424B5
Chunk 115
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 to losses. The terms and conditions of the bail-inconversion will be determined by CDIC in accordance with and subject to certain requirements discussed below. Bail-inConversion Under the bail-inregime there is no fixed and pre-determinedcontractual conversion ratio for the conversion of the bail-inable debt securities, or other shares or liabilities of TD that are subject to a bail-inconversion, into common shares of TD or any of its affiliates nor are there specific requirements regarding whether liabilities subject to a bail-inconversion are converted into common shares of TD or any of its affiliates. CDIC determines the timing of the bail-inconversion, the portion of bail-inable shares and liabilities to be converted and the terms and conditions of the conversion, subject to parameters set out in the bail-inregime. Those parameters include that:

| • |     | in carrying out a bail-in conversion, CDIC must take into consideration 
 the requirement in the Bank Act for banks to maintain adequate capital; |

| • |     | CDIC must use its best efforts to ensure that shares and liabilities subject to a                                                                                                                                                                                                          
 bail-in conversion are only converted after all subordinate ranking shares and liabilities that are subject to a bail-in conversion and any subordinate non-viability contingent capital instruments have been previously converted or are converted during the same restructuring period; |

| • |     | CDIC must use its best efforts to ensure that the converted part of the liquidation entitlement of a share                                                         
 subject to a bail-in conversion, or the converted part of the principal amount and accrued and unpaid interest of a liability subject to a bail-in conversion, is  
 converted on a pro rata basis for all shares or liabilities subject to a bail-in conversion of equal rank that are converted during the same restructuring period; |

| • |     | holders of shares and liabilities that are subject to a bail-in                                                                                                                                                                                     
 conversion must receive a greater number of common shares per dollar of the converted part of the liquidation entitlement of their shares, or the converted part of the principal amount and accrued and unpaid interest of their liabilities, than 
 holders of any subordinate shares or liabilities subject to a bail-in conversion that are converted during the same restructuring period or of any subordinate                                                                                      
 non-viability contingent capital that is converted during the same restructuring period;                                                                                                                                                            |

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| • |     | holders of shares or liabilities subject to a bail-in conversion of equal                                                                                                                                                                                
 rank that are converted during the same restructuring period must receive the same number of common shares per dollar of the converted part of the liquidation