Company: TDBCP
Filing Date: 2025-07-21
Form Type: 424B2
Source: 0001140361-25-026555
Chunk: 27

Company: TORONTO DOMINION BANK
Filing Date: 2025-07-21
Form: 424B2
Chunk 27
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 a subset of the securities in the target index in an effort to hold a portfolio of securities with generally the same risk and return characteristics of the target index. The XOP Fund may or may not hold all of the securities that are included in the target index. Under normal market conditions, the XOP Fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the target index. In addition, in seeking to track the target index, the XOP Fund may invest in equity securities that are not included in the target index, cash and cash equivalents or money market instruments, such as repurchase agreements and money market funds (including money market funds advised by SSGA). In seeking to track the target index, the XOP Fund’s assets will generally be concentrated in an industry or group of industries to the extent that the target index concentrates in a particular industry or group of industries. Futures contracts may be used by the XOP Fund in seeking performance that corresponds to the target Index and in managing cash flows. Shares of the XOP Fund are listed on the NYSE Arca under the ticker symbol “XOP”. Information from outside sources including, but not limited to the prospectus related to the XOP Fund and any other website referenced in this section, is not incorporated by reference in, and should not be considered part of, this document or any document incorporated herein by reference. We have not undertaken an independent review or due diligence of any publicly available information with respect to the XOP Fund or the target index. Information filed by SPDR with the SEC, including the prospectus for the XOP Fund, can be found by reference to its SEC file numbers: 333-57793 and 811-08839 or its CIK Code: 0001064642.

| TD SECURITIES (USA) LLC | P-20 |

Historical Information The graph below illustrates the performance of XOP from July 18, 2015 through July 18, 2025. The dotted lines represent its Call Threshold Value of $129.41, which is equal to 100.00% of its Initial Value, and its Contingent Interest Barrier Value and Buffer Value of $109.9985, which is equal to 85.00% of its Initial Value. SPDR ®S&P ®Oil & Gas Exploration & Production ETF (XOP) PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

| TD SECURITIES (USA) LLC | P-21 |