Company: TDBCP
Filing Date: 2025-02-26
Form Type: F-3/A
Source: 0001193125-25-035964
Chunk: 59

Company: TORONTO DOMINION BANK
Filing Date: 2025-02-26
Form: F-3/A
Chunk 59
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 upon exercise, cancellation or expiration of the structured warrants other than in                      
 accordance with the antidilution provisions or other similar adjustment provisions included in the terms of the structured warrants; |

| • |     | change the exercise price of the structured warrants; |

| • |     | materially and adversely affect the rights of the holders of the structured warrants; or |

| • |     | reduce the percentage of outstanding structured warrants the consent of whose holders is required for the 
 modification of the structured warrant agreement.                                                         |

Merger, Consolidation, Sale, Lease or Conveyance. The structured warrant agreement provides that we will not merge or consolidate with any other person or sell, lease or convey all or substantially all of our assets to any other person, only if certain conditions, including the following, are met:

| • |     | we will be the continuing corporation or the successor corporation, or the person which acquires all or                                                                                                                                       
 substantially all of our assets shall either (1) be one or more direct or indirect affiliates which we control or which are under common control with us or (2) will expressly assume or guaranty all of our obligations under the structured 
 warrant agreement; and                                                                                                                                                                                                                        |

| • |     | immediately after such merger, consolidation, sale, lease or conveyance, we, or any such successor that has                                              
 assumed our obligations, will not be in default in the performance of the covenants and conditions of the structured warrant agreement applicable to us. |

Absence of Protections against All Potential Actions of the Bank. There are no covenants or other provisions in the structured warrant agreement that would afford holders of structured warrants additional protection in the event of a recapitalization transaction, a change of control of the Bank or a highly leveraged transaction. The merger covenants described above would apply only if the recapitalization transaction, change of control or highly leveraged transaction were structured to include a merger or consolidation of the Bank or a sale, lease or conveyance of all or substantially all of our assets. Enforceability of Rights of Holders.The structured warrant agent will act solely as our agent in connection with the structured warrant certificates and will not assume any obligation or relationship of agency or trust for or with any holders of structured warrant certificates or beneficial owners of structured warrants. Any holder of structured warrant certificates and any beneficial owner of structured warrants may, without the consent of any other person, enforce its right, and may institute any proceeding, on its own behalf, to exercise the structured warrants