Company: TDBCP
Filing Date: 2025-04-17
Form Type: 424B3
Source: 0001193125-25-084359
Chunk: 12

Company: TORONTO DOMINION BANK
Filing Date: 2025-04-17
Form: 424B3
Chunk 12
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The following is a summary of certain considerations associated with the acquisition of common shares acquired pursuant to the Plan by (a)
“employee benefit plans” (within the meaning of Section 3(3) of the U.S. Employee Retirement Income Security Act of 1974, as amended (“ERISA”)) that are subject to Title I of ERISA; (b) plans (including individual
retirement accounts (“IRAs”)) and other arrangements that are subject to Section 4975 of the Code or provisions under any other U.S. or non-U.S. federal, state, local or other laws or
regulations that are similar to such provisions of ERISA or the Code (collectively, “Similar Laws”); and (c) entities whose underlying assets are considered to include the assets of any of the foregoing described in clauses
(a) and (b), pursuant to ERISA or other applicable law (each of the foregoing described in clauses (a), (b) and (c), collectively, referred to herein as a “Plan Investor”).

The following summary regarding certain aspects of ERISA and the Code is based on ERISA and the Code, judicial decisions and United States
Department of Labor and IRS regulations and rulings that are in existence on the date of this prospectus. This summary is general in nature and does not address every issue pertaining to ERISA or the Code that may be applicable to the Bank, the Plan
or a particular investor. Accordingly, each prospective investor should consult with his, her or its own legal advisors in order to understand the issues relating to ERISA and the Code that affect or may affect the investor with respect to this
investment.

ERISA and the Code impose certain requirements on Plan Investors that are Benefit Plan Investors (defined below), and on
those persons who are “fiduciaries” as defined in Section 3(21) of ERISA and Section 4975 of the Code with respect to Benefit Plan Investors. The term “benefit plan investor” (“Benefit Plan Investor”) is
generally defined to include “employee benefit plans” (within the meaning of Section 3(3) of ERISA) which are subject to Title I of ERISA, “plans” defined in and subject to Section 4975 of the Code (including
“Keogh” plans and IRAs), as well as any entity whose underlying assets are considered to include “plan assets” by reason of such an employee benefit plan’s or plan’s investment in such entity (e