Company: TDBCP
Filing Date: 2025-04-17
Form Type: 424B3
Source: 0001193125-25-084359
Chunk: 20

Company: TORONTO DOMINION BANK
Filing Date: 2025-04-17
Form: 424B3
Chunk 20
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 for such dividends has normally been approximately one month
prior to the Investment Date. These dates only indicate the past practice of the Bank. The payment of a dividend, and the declaration, record and payment dates applicable to it are determined by the Bank’s Board of Directors in its sole
discretion.

Cost of Additional Common Shares

The common shares will be purchased at the Average Market Price. There may also be a discount of up to 5% to the Average Market Price if the
Bank issues the common shares from treasury. The Bank will announce by way of press release and in dividend announcements whether common shares purchased under the Plan will be purchased on the open market or from treasury and any applicable
discount from the Average Market Price if shares are issued from treasury.

Brokerage and Administration Costs

No brokerage or administration fees will be charged by the Bank or the Plan Agent for participation in the Plan.
Non-Registered Participants should check with their intermediaries whether the intermediaries will charge any fees for participation in the Plan.

Enrolment Deadlines

For Registered Participants, provided the completed Enrolment Form is received by the Plan Agent prior to the Record Date, the reinvestment of
cash dividends will become effective on the next corresponding Investment Date. Non-Registered Participants should check with their respective intermediary regarding how they can enrol in the Plan through the
intermediary, as well as the date by which any such enrolment must be received by the intermediary.

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Administration of the Plan

For Registered Participants, the Bank will pay to the Plan Agent all cash dividends to be reinvested. Any amount required under applicable tax
laws to be withheld by the Bank from cash dividends paid to any Registered Participant and remitted to a taxing authority will be withheld and remitted as required, with the balance being paid to the Plan Agent for reinvestment on behalf of the
Registered Participant. The Plan Agent will use these funds to purchase additional common shares on behalf of the Registered Participants. All common shares, including fractions of common shares computed to three decimal places, acquired through the
Plan will be credited to the Registered Participant’s account. The rounding of any fractional interest shall be computed by the Plan Agent using such method as it considers appropriate in the circumstances.

Transaction statements will be forwarded to Registered Participants by the Plan Agent following each Investment Date. The transaction
statements will show the common shares purchased under the Plan and should be retained for income tax purposes.

The Plan Agent will also
report to the Registered Participants on an annual basis any required information for income tax