Company: TDBCP
Filing Date: 2025-09-23
Form Type: 424B2
Source: 0001140361-25-035814
Chunk: 22

Company: TORONTO DOMINION BANK
Filing Date: 2025-09-23
Form: 424B2
Chunk 22
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 to take into account based on actual payments on such Note:

| Accrual Period                            
 Issue Date through March 29, 2026         
 March 29, 2026 through September 29, 2026 | Interest Deemed to Accrue  
 During Accrual Period (per 
 $1,000 Note)               
 $[●]                       
 $[●]                       | Total Interest Deemed to Have 
 Accrued From Original Issue   
 Date (per $1,000 Note) as of  
 End of Accrual Period         
 $[●]                          
 $[●]                          |
|:------------------------------------------|:---------------------------|:------------------------------|
| September 29, 2026 through March 29, 2027 | $[●]                       | $[●]                          |
| March 29, 2027 through September 29, 2027 | $[●]                       | $[●]                          |
| September 29, 2027 through March 29, 2028 | $[●]                       | $[●]                          |
| March 29, 2028 through Maturity Date      | $[●]                       | $[●]                          |

In general, a U.S. holder’s basis in a CPDI is increased by any interest income previously accrued (determined without regard to adjustments due to differences between projected and actual payments) and decreased by the projected amounts of any payments previously made on the CPDI (without regard to actual amounts paid). Gain on the taxable disposition (including cash settlement) of a CPDI generally is treated as ordinary income. Loss, on the other hand, is treated as ordinary loss only to the extent of the U.S. holder’s prior net OID inclusions (i.e., reduced by the total net negative adjustments previously allowed to the U.S. holder as an ordinary loss) and capital loss to the extent in excess thereof. However, the deductibility of a capital loss realized on the taxable disposition of a Note is subject to limitations. Under the rules governing CPDI, special rules would apply to a person who purchases Notes at a price other than the adjusted issue price as determined for tax purposes. A U.S. holder that purchases a Note for an amount other than the public offering price of the Note will be required to adjust its OID inclusions to account for the difference. These adjustments will affect the U.S. holder’s basis in the Note. Reports to U.S. holders may not include these adjustments. U.S.