Company: TDBCP
Filing Date: 2025-04-17
Form Type: 424B3
Source: 0001193125-25-084359
Chunk: 18

Company: TORONTO DOMINION BANK
Filing Date: 2025-04-17
Form: 424B3
Chunk 18
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 common shares from treasury. The Bank will announce by way of press release and in dividend announcements whether common shares purchased under the Plan will be purchased on the open market or from treasury and any applicable
discount for the dividend reinvestment if shares are issued from treasury.

For Registered Participants, complete investment of dividends
is possible under the Plan because the Plan permits fractions as well as whole common shares to be credited to a Participant’s account. Non-Registered Participants should contact their intermediaries for
instructions regarding the intermediaries’ practices in this regard. Some intermediaries pay cash in respect of fractional shares, while others will record fractional shares on their clients’ accounts.

Registered Participants will receive transaction statements from the Plan Agent following each dividend payment date. Non-Registered Holders will receive information regarding their transactions in the Plan from their respective intermediaries, in accordance with the intermediaries’ administrative practices. Any questions
regarding a Non-Registered Participant’s transactions under the Plan should be directed to their intermediary.

2

No brokerage or administration fees will be charged by the Bank or the Plan Agent for participation in the Plan. Registered Participants may terminate participation in the Plan at any time, subject to the delays set out under the Plan. Non-RegisteredParticipants should contact their intermediaries for instructions regarding the intermediaries’ practices in this regard. Shareholders should consult their tax advisers about the tax consequences which will result from their participation in the Plan. In order to enrol in the Plan, Participants must be common shareholders of the Bank. Principal Features of Dividend Reinvestment

| • |     | Dividends on common shares are used, on or about the dates paid, to purchase additional common shares. Common 
 shares acquired under the Plan will be automatically enrolled in the Plan.                                    |

| • |     | Registered Participants can choose the percentage of their common shares that they would like to have enrolled                                                                                  
 in the Plan. Non-Registered Participants should consult their intermediaries to determine if they can enrol only a percentage of their common shares held through the intermediary in the Plan. |

| • |     | Common shares acquired by Participants will be, at the option of the Bank, either purchased in the open market                                                                                                                                         
 or issued from treasury. Common shares purchased on the open market will be at Average Market Price, and common shares issued from treasury will be purchased either at Average Market Price or at a discount of up to 5% to the Average Market Price. |

The Plan Eligibility to Participate Except as otherwise provided herein, all Registered Participants are eligible to participate