Company: TDBCP
Filing Date: 2025-09-02
Form Type: 424B2
Source: 0001140361-25-033620
Chunk: 27

Company: TORONTO DOMINION BANK
Filing Date: 2025-09-02
Form: 424B2
Chunk 27
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 of the weight rebalancing on the smallest component stocks in the Nasdaq-100 Index ®. In the second iteration of the small stock rebalancing, the weight of the second largest small stock, already adjusted in the first iteration, will be scaled upwards by a factor which sets it equal to the average Nasdaq-100 Index ®weight of 1.0%. The weights of each of the smaller remaining small stocks will be scaled up by this same factor reduced in relation to each stock’s relative ranking among the small stocks such that, once again, the smaller the stock in the ranking, the less its weight will be scaled upward. Additional iterations will be performed until the accumulated increase in weight among the small stocks equals the aggregate weight reduction among the large stocks that resulted from the rebalancing in accordance with the two weight distribution conditions discussed above. Finally, to complete the rebalancing process, once the final weighting percentages for each Nasdaq-100 Index ®stock have been set, the index share weights (or index shares) will be determined anew based upon the last sale prices and aggregate capitalization of the Nasdaq-100 Index ®at the close of trading on the last calendar day in February, May, August and November. Changes to the index shares will be made effective after the close of trading on the third Friday in March, June, September and December, and an adjustment to the divisor is made to ensure continuity of the Nasdaq-100 Index ®. Ordinarily, new rebalanced index share weights will be determined by applying the above procedures to the current index share weights. However, Nasdaq, Inc. may, from time to time, determine rebalanced weights, if necessary, by applying the above procedure to the actual current market capitalization of the Nasdaq-100 Index ®components. In such instances, Nasdaq, Inc. would announce the different basis for rebalancing prior to its implementation. During the quarterly rebalancing, data is cutoff as of the previous month end and no changes are made to the Nasdaq-100 Index ®from that cutoff until the quarterly index share change effective date, except in the case of changes due to corporate actions with an ex-date. Annual Nasdaq-100 Index ®Weight Adjustment On an annual basis, the Nasdaq-100 Index ®weights are adjusted using a two-stage weight adjustment scheme according to security-level constraints. Index securities’ initial weights are determined via the quarterly weight adjustment procedure. If the first weight distribution condition is met and the current weight of any single