Company: TDBCP
Filing Date: 2025-10-21
Form Type: 424B2
Source: 0001140361-25-038687
Chunk: 28

Company: TORONTO DOMINION BANK
Filing Date: 2025-10-21
Form: 424B2
Chunk 28
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 of the Reference Assets will result in a positive return on your initial investment.

#### SPDR®S&P®Regional Banking ETF
We have derived all information contained herein regarding the SPDR ®S&P ®Regional Banking ETF (the “KRE Fund”) and the target index, as defined below, from publicly available information. Such information reflects the policies of, and is subject to changes by, the KRE Fund’s investment adviser, SSGA Funds Management, Inc. (“SSGA” or the “investment adviser”) and the index sponsor of the target index, as defined below. The KRE Fund is one of the separate investment portfolios that constitute the SPDR ®Series Trust (“SPDR”). The KRE Fund seeks to provide investment results that correspond generally to the total return performance, before fees and expenses, of the S&P ®Regional Banks Select Industry Index (the “target index”). The target index seeks to measure the performance of the regional banks segment of the U.S. equity market and includes companies that have been identified as regional banks companies on the basis of general industry classification from a universe of companies defined by the S&P Total Market Index, comprising the Regional Banks sub-industry. The target index is calculated, maintained and published by, S&P Dow Jones Indices LLC (the “index sponsor”). The index sponsor is under no obligation to continue to publish, and may discontinue or suspend the publication of, the target index at any time. Select information regarding the KRE Fund’s expense ratio and its top constituents, country, industry and/or sector weightings may be made available on the KRE Fund’s website. Expenses of the KRE Fund reduce the net asset value of the assets held by the KRE Fund and, therefore, reduce the value of the shares of the KRE Fund. SSGA uses a sampling strategy to manage the KRE Fund, an indexing investment strategy, which means that the KRE Fund is not required to purchase all of the securities represented in the target index. Instead, the KRE Fund may purchase 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 KRE Fund may or may not hold all of the securities that are included in the target index. Under normal market conditions, the KRE 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 KRE Fund