Company: TDBCP
Filing Date: 2025-04-03
Form Type: 424B3
Source: 0001140361-25-012065
Chunk: 33

Company: TORONTO DOMINION BANK
Filing Date: 2025-04-03
Form: 424B3
Chunk 33
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 None of us, the agents or any of our or their respective subsidiaries or affiliates makes any representation to any purchaser of ARNs as to the performance of any Underlying Stock. Basket Market Measures If the Market Measure to which your ARNs are linked is a Basket, the Basket Stocks will be set forth in the applicable term sheet. We will assign each Basket Stock a weighting (the “ Initial Component Weight”) so that each Basket Stock represents a percentage of the Starting Value of the Basket on the pricing date. The Basket Stocks may or may not have equal Initial Component Weights, as set forth in the applicable term sheet. Determination of the Component Ratio for Each Basket Stock The “ Starting Value” of the Basket will be equal to 100. We will set a fixed factor (the “ Component Ratio”) for each Basket Stock on the pricing date, based upon the weighting of that Basket Stock. The Component Ratio for each Basket Stock will equal:

| • | the Initial Component Weight (expressed as a percentage) for that Basket Stock, multiplied by 100;divided by |

| • | the Closing Market Price of that Basket Stock on the pricing date. |

Each Component Ratio will be rounded to eight decimal places. The Component Ratios will be calculated in this way so that the Starting Value of the Basket will equal 100 on the pricing date. The Component Ratios will not be revised subsequent to their determination on the pricing date, except that the calculation agent may adjust the Component Ratio of any Basket Stock in the event that Basket Stock is materially changed or modified in a manner that does not, in the opinion of the calculation agent, fairly represent the value of that Basket Stock had those material changes or modifications not been made. The following table is for illustration purposes only, and does not reflect the actual composition, Initial Component Weights, or Component Ratios, which will be set forth in the applicable term sheet. PS-27 Example: The hypotheticalBasket Stocks are Stock ABC, Stock XYZ, and Stock RST, with their Initial Component Weights being 50.00%, 25.00% and 25.00%, respectively, on a hypotheticalpricing date:

| Basket Stock   |     | Initial ComponentWeight |     | HypotheticalClosing Market Price(1) |     | HypotheticalComponentRatio(2) |     | Initial BasketValueContribution |
| Stock ABC      |     | 50.00%                  |     |                               50.00 |     |                    1.00000000 |