Company: TDBCP
Filing Date: 2025-10-09
Form Type: 424B3
Source: 0001140361-25-037791
Chunk: 9

Company: TORONTO DOMINION BANK
Filing Date: 2025-10-09
Form: 424B3
Chunk 9
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Ns. The payment on LIRNs will not be adjusted for all corporate events that could affect an Underlying Company.The Price Multiplier(s), any Observation Levels, the Ending Value, the Redemption Amount and other terms of LIRNs may be adjusted for the specified corporate events affecting any Underlying Stock, as described under “Description of LIRNs — Anti-Dilution Adjustments.” However, these adjustments do not cover all events that could affect the market value of an Underlying Stock, such as offerings of common shares for cash or in connection with certain acquisition transactions. The occurrence of any event that does not require the calculation agent to adjust the applicable Price Multiplier, the amount paid to you at maturity or upon an automatic call or any other terms of LIRNs may adversely affect the Closing Market Price of an Underlying Stock, any Observation Levels, the Ending Value, whether LIRNs will be called, the Redemption Amount, and, as a result, the market value of LIRNs. Additional Risks Relating to UnderlyingStocks that are ADRs The value of an ADR may not accurately track the value of the common shares of the related Underlying Company.If an Underlying Stock is an ADR, each ADR will represent shares of the relevant Underlying Company. Generally, the ADRs are issued under a deposit agreement that sets forth the rights and responsibilities of the depositary, the Underlying Company and the holders of the ADRs. The trading patterns of the ADRs will generally reflect the characteristics and valuations of the underlying common shares; however, the value of the ADRs may not completely track the value of those shares. There are important differences between the rights of holders of ADRs and the rights of holders of the underlying common shares. In addition, trading volume and pricing on the applicable non-U.S. exchange may, but will not necessarily, have similar characteristics as the ADRs. For example, certain factors may increase or decrease the public float of the ADRs and, as a result, the ADRs may have less liquidity or lower market value than the underlying common shares. PS-10 Exchange rate movements may adversely impact the value of an Underlying Stock that is an ADR.If an Underlying Stock is an ADR, the market price of such Underlying Stock will generally track the U.S. dollar value of the market price of its underlying common shares. Therefore, if the value of the related foreign currency in which the underlying common shares are traded