Company: TDBCP
Filing Date: 2025-09-12
Form Type: 424B5
Source: 0001193125-25-201820
Chunk: 48

Company: TORONTO DOMINION BANK
Filing Date: 2025-09-12
Form: 424B5
Chunk 48
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 to any Reset Rate Period for which such rate applies, the rate per annum equal to:

| • |     | The average of the yields on actively traded U.S. treasury securities adjusted to constant maturity, for                                                                                                                                            
 five-year maturities, for the five business days immediately preceding the Interest Rate Calculation Date for that Reset Rate Period, appearing under the caption “Treasury Constant Maturities” in the most recently published statistical         
 release designated H.15 Daily Update or any successor publication which is published by the United States Federal Reserve Board of Governors, as determined by the calculation agent; provided that, if such rate cannot be determined as described 
 above, then:                                                                                                                                                                                                                                        |

| • |     | (i) the U.S. Treasury Rate will be determined by TD or our designee by interpolation between the most recent                                                                                                                               
 weekly average yield to maturity for two series of U.S. treasury securities trading in the public securities market, (1) one maturing as close as possible to, but earlier than, the Reset Date following the next following Interest Rate 
 Calculation Date, and (2) the other maturing as close as possible to, but later than, the Reset Date following the next following Interest Rate Calculation Date, in each case, appearing under the caption “Treasury Constant             
 Maturities” in the most recently published statistical release designated H.15 Daily Update or any successor publication which is published by the U.S. Federal Reserve Board of Governors; or (ii) if the calculation described in clause 
 (i) cannot be determined, then the U.S. Treasury Rate will be the same rate as determined for the prior Interest Rate Calculation Date.                                                                                                    |

All percentages resulting from any calculation of the interest rate on the Notes during any Reset Rate Period will be rounded to the nearest one hundred-thousandth of a percentage point with five one millionths of a percentage point rounded upwards (e.g., 1.111115% (or .01111115) would be rounded to 1.11112% (or .0111112)), and all dollar amounts used in or resulting from such calculation on the Notes will be rounded to the nearest cent (with one half cent being rounded upward). Each calculation of the interest rate on the Notes by TD or our designee will (in absence of manifest error) be final and binding on the Noteholders and the Bank. The interest rate on the Notes will in no event be higher than the maximum rate permitted by New York law as the same may be modified by