Company: TDBCP
Filing Date: 2025-02-27
Form Type: 424B2
Source: 0001193125-25-039151
Chunk: 7

Company: TORONTO DOMINION BANK
Filing Date: 2025-02-27
Form: 424B2
Chunk 7
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 supplement, interest, if any, on fixed rate notes will be computed for each interest period as the product of (i) the face or other specified amount of the fixed rate note multiplied by(ii) the applicable interest rate specified in the applicable pricing supplement for the interest period multiplied by(iii) an accrued interest factor for the interest period based on a day count fraction of 30/360 (as described below under “—Day Count Conventions”). If any interest payment date, redemption date, repayment date or maturity date of a fixed rate note falls on a day that is not a business day, we will make the required payment of principal, premium, if any, and/or interest on the next succeeding business day, and no additional interest will accrue in respect of the payment made on that next succeeding business day. Floating Rate Notes In this subsection, we use several specialized terms relating to the manner in which floating interest rates are calculated. These terms appear in bold, italicized type the first time they appear, and we define these terms in “—Special Rate Calculation Terms” at the end of this subsection. The following will apply to floating rate notes, fixed-to-floatingrate notes, floating-to-fixedrate notes or any other note referencing an interest rate basis (for purposes of this section, “floating rate notes”). Interest Rate Basis. We currently expect to issue floating rate notes that bear interest at rates based on one or more of the following interest rate bases:

| • |     | commercial paper rate; |

| • |     | U.S. prime rate; |

| • |     | SOFR; |

| • |     | Treasury rate; |

| • |     | Constant maturity treasury (“CMT”) rate; |

| • |     | Certificate of deposit (“CD”) rate; |

| • |     | Constant maturity swap (“CMS”) rate; |

| • |     | federal funds rate; |

| • |     | Consumer price index (“CPI”) rate; and/or |

| • |     | any other rate as specified in the applicable pricing supplement. |

We describe each of the interest rate bases in further detail below in this subsection. If you purchase a floating rate note, your pricing supplement will specify the interest rate basis that applies to your note (which may or may not be one of the interest rate bases described below). Calculation of Interest. Calculations relating to floating rate notes will be made by the calculation agent, an institution that we appoint as our agent for this purpose. Unless we specify otherwise in the applicable