Company: TDBCP
Filing Date: 2025-09-12
Form Type: 424B5
Source: 0001193125-25-201820
Chunk: 45

Company: TORONTO DOMINION BANK
Filing Date: 2025-09-12
Form: 424B5
Chunk 45
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ions of shares held: 0.9)(3)                                              |     |                                   |     (92 | ) |     |             |    (92 | ) |
| Treasury shares—preferred (millions of shares held: 0.06)(3)                                          |     |                                   |      (2 | ) |     |             |     (2 | ) |
| Contributed surplus                                                                                   |     |                                   |     243 |   |     |             |    243 |   |
| Retained earnings                                                                                     |     |                                   |  78,749 |   |     |             |        |   |
| Accumulated other comprehensive income (loss)                                                         |     |                                   |  10,737 |   |     |             | 10,737 |   |
| Non-controlling interests in subsidiaries                                                             |     |                                   |       — |   |     |             |      — |   |
| Total equity                                                                                          |     |                                   | 125,394 |   |     |             |        |   |
| Consolidated subordinated notes and debentures and equity                                             |     | $                                 | 135,890 |   |     | $           |        |   |

| (1) | As adjusted amounts include US$    of Notes offered hereby. Such U.S. dollar amounts                                   
 have been converted into C$ using C$1.00 = US$    , the closing Bank of Canada exchange rate applicable at     , 2025. |

| (2) | For more information, refer to “Note 11—Subordinated Notes and Debentures” to the Q3 2025 
 Unaudited Consolidated Financial Statements.                                              |

| (3) | For more information, refer to “Note 12—Equity” to the Q3 2025 Unaudited Consolidated 
 Financial Statements.                                                                 |

| (4) | For accounting purposes, the Notes are compound instruments with both equity and liability features. The                                                                                                                                          
 liability component has a nominal value and, therefore, the proceeds received upon issuance will be presented as equity. For accounting purposes, the Series 33 Shares, if held by the Limited Recourse Trustee, will be eliminated on the Bank’s 
 consolidated balance sheet.                                                                                                                                                                                                                       |

S-26

DESCRIPTION OF THE NOTES

You should carefully read the description of the terms and provisions of the Notes