Company: TDBCP
Filing Date: 2025-04-07
Form Type: 424B2
Source: 0001140361-25-012564
Chunk: 10

Company: TORONTO DOMINION BANK
Filing Date: 2025-04-07
Form: 424B2
Chunk 10
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 that we are required to pay an Index Sponsor licensing fees with respect to the applicable Reference Asset. Additionally, we have not conducted any independent review or due diligence of any information related to any Reference Asset or Reference Asset Issuer. We are not responsible for any Reference Asset Issuer’s public disclosure of information on itself or the applicable Reference Asset, whether contained in SEC filings or otherwise. You should make your own investigation into each of the Reference Asset Issuers. The Value of an ETF Reference Asset May Not Completely Track Its NAV. The net asset value (“NAV”) of an ETF, including an ETF Reference Asset, may fluctuate with changes in the market value of its Reference Asset Constituents. The market values of an ETF may fluctuate in accordance with changes in NAV and supply and demand on the applicable stock exchange(s). Furthermore, the Reference Asset Constituents may be unavailable in the secondary market during periods of market volatility, which may make it difficult for market participants to accurately calculate the intraday NAV per share of the applicable ETF Reference Asset and may adversely affect the liquidity and prices of such ETF Reference Asset, perhaps significantly. For any of these reasons, the market value of an ETF Reference Asset may differ from its NAV per share and may trade at, above or below its NAV per share. Adjustments to an ETF Reference Asset Could Adversely Affect the Notes. The Investment Adviser (as specified under “Information Regarding the Reference Assets”) for each ETF Reference Asset is responsible for calculating and maintaining the applicable ETF Reference Asset. An Investment Adviser can add, delete or substitute the Reference Asset Constituents for its ETF Reference Asset. An Investment Adviser may make other methodological changes to its ETF Reference Asset that could change the value of such ETF Reference Asset at any time. If one or more of these events occurs, the Closing Value of such ETF Reference Asset may be adjusted to reflect such event or events, which could adversely affect whether and the extent to which any amounts may be payable on the Notes and/or the market value of the Notes. Changes that Affect the Target Index of the Invesco QQQ Trust SM, Series 1 Will Affect the Market Value of, and Return on, the Notes. The Invesco QQQ Trust SM, Series 1 is an ETF that seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of its Target Index (as specified herein). The policies of the sponsor of its Target Index (an “Index Sponsor”) concerning the calculation of