Company: TDBCP
Filing Date: 2025-01-06
Form Type: 424B2
Source: 0001140361-25-000316
Chunk: 30

Company: TORONTO DOMINION BANK
Filing Date: 2025-01-06
Form: 424B2
Chunk 30
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 market capitalization in descending order, full market 
 capitalization of the company that reaches the 99% threshold defines the equity universe minimum size requirement.                                                                                                                   |

| • | The rank of this company by descending order of full market capitalization within the developed market equity universe is noted, and will be used in determining the equity universe minimum size requirement at the next rebalance. |

As of May 2021, the equity universe minimum size requirement was set at U.S. $352 million. Companies with a full market capitalization below this level are not included in any market investable equity universe. The equity universe minimum size requirement is reviewed and, if necessary, revised at each semi-annual index review, as described below.

| (ii) | Equity Universe Minimum Free Float-Adjusted Market Capitalization Requirement: This investability screen is applied at the individual security level. To be eligible for inclusion in a market investable equity universe, a security must 
 have a free float-adjusted market capitalization equal to or higher than 50% of the equity universe minimum size requirement.                                                                                                              |

| (iii) | Minimum Liquidity Requirement: This investability screen is applied at the individual security level. To be eligible for inclusion in a market investable equity universe, a security must have at least one eligible listing that has         
 adequate liquidity as measured by its twelve-month and three-month annualized traded value ratio (“ATVR”) and three-month frequency trading. The ATVR attempts to mitigate the impact of extreme daily trading volumes and takes into account  
 the free float-adjusted market capitalization of securities. A minimum liquidity level of 20% of the 3-month annualized traded value ratio and 90% of 3-month frequency of trading over the last 4 consecutive quarters, as well as 20% of the 
 12-month annualized traded value ratio, are required for inclusion of a security in a market investable equity universe of a developed market.                                                                                                 |

Only one listing per security may be included in the market investable equity universe. In instances where a security has two or more eligible listings that meet the above liquidity requirements, then the following priority rules are used to determine which listing will be used for potential inclusion of the security in the market investable equity universe:

| (a) | Local listing (if the security has two or more local listings, then the listing with the highest three-month ATVR will be used) |

| (b) | Foreign listing in the same geographical region (MSCI classifies