Company: TDBCP
Filing Date: 2025-09-16
Form Type: 424B2
Source: 0001193125-25-205043
Chunk: 152

Company: TORONTO DOMINION BANK
Filing Date: 2025-09-16
Form: 424B2
Chunk 152
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 any debt securities, the terms of that liability are amended to increase the principal amount or to extend the term to maturity on or after September 23, 2018, and that liability, as amended, meets the requirements to be subject to a bail-inconversion. Covered bonds, certain derivatives and certain structured notes (as such term is used under the bail-inregime) are expressly excluded from a bail-inconversion. Unless otherwise specified in the prospectus supplement, the structured warrants will not be subject to a bail-inconversion. In addition, to the extent that any debt securities constitute structured notes (as such term is used under the bail-inregime) they will not be bail-inable debt securities. As a result, claims of some creditors whose claims would otherwise rank equally with those of the holders holding bail-inable debt securities would be excluded from a bail-inconversion and thus the holders and beneficial owners of bail-inable debt securities will have to absorb losses as a result of the bail-inconversion while other creditors may not be exposed 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