Company: TDBCP
Filing Date: 2025-09-12
Form Type: 424B5
Source: 0001193125-25-201820
Chunk: 37

Company: TORONTO DOMINION BANK
Filing Date: 2025-09-12
Form: 424B5
Chunk 37
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 such holders are not entitled to any compensation. In either case such notice is required
to include certain prescribed information, including important information regarding the rights of such holders to seek to object and have the compensation to which they are entitled determined by an assessor (a Canadian Federal Court judge) where
holders of liabilities representing at least 10% of the liquidation entitlement of the Series 33 Shares object to the offer or absence of compensation. The period for objecting is limited (45 days following the day on which a summary of the notice
is published in the Canada Gazette) and failure by holders holding a sufficient liquidation entitlement of the Series 33 Shares to object within the prescribed period will result in the loss of any ability to object to the offered compensation or
absence of compensation, as applicable. CDIC will pay the relevant holders the offered compensation within 135 days after the date on which a summary of the notice is published in the Canada Gazette if the offer of compensation is accepted, the
holder does not notify CDIC of acceptance or objection to the offer or if the holder objects to the offer but the 10% threshold described above is not met within the aforementioned 45-day period.

Where an assessor is appointed, the assessor could determine a different amount of compensation payable, which could either be higher or lower
than the original amount. The assessor is required to provide holders, whose compensation it determines, notice of its determination. The assessor’s determination is final and there are no further opportunities for review or appeal. CDIC will
pay the relevant holders the compensation amount determined by the assessor within 90 days of the assessor’s notice.

A similar
compensation process to the one set out above applies, in certain circumstances, where as a result of CDIC’s exercise of bank resolution powers, Notes are assigned to an entity which is then wound-up.

Given the considerations involved in determining the amount of compensation, if any, that a holder that held Series 33 Shares may be
entitled to following an Order, it is not possible to anticipate what, if any, compensation would be payable in such circumstances.

Following the occurrence of a Trigger Event, you will no longer have rights as a holder of Notes or Series 33 Shares and will only have rights as a holder of Common Shares.

Upon the occurrence of a Trigger Event, the rights, terms and conditions of the Notes or Series 33 Shares, as applicable (depending on whether
the Trigger Event occurred prior to any other Recourse Event),