Company: TDBCP
Filing Date: 2025-09-10
Form Type: 424B2
Source: 0001140361-25-034551
Chunk: 20

Company: TORONTO DOMINION BANK
Filing Date: 2025-09-10
Form: 424B2
Chunk 20
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 to publish the SX5E, and may discontinue publication of the SX5E at any time. The SX5E is determined, comprised and calculated by STOXX Limited without regard to this instrument. As discussed more fully in the underlier supplement under the heading “Indices —The EURO STOXX 50 ®Index”, the SX5E covers 50 stocks of market sector leaders mainly from 11 Eurozone countries: Austria, Belgium, Finland, France, Germany, Ireland, Italy, Luxembourg, the Netherlands, Portugal and Spain. Select information regarding top constituents and industry and/or sector weightings may be made available by the Index Sponsor on its website. P-17 Historical Information The graph below shows the daily historical Closing Levels of the Reference Asset from September 8, 2015 through September 8, 2025. The dotted line represents the Threshold Level of 4,826.529, which is equal to 90.00% of the Closing Level of the Reference Asset on September 8, 2025. EURO STOXX 50 ®Index (SX5E) PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. P-18 Material U.S. Federal Income Tax Consequences The U.S. federal income tax consequences of your investment in the Notes are uncertain. No statutory, regulatory, judicial or administrative authority directly discusses how the Notes should be treated for U.S. federal income tax purposes. Some of these tax consequences are summarized below, but we urge you to read the more detailed discussion under “Material U.S. Federal Income Tax Consequences” in the product supplement and discuss the tax consequences of your particular situation with your tax advisor. This discussion is based upon the U.S. Internal Revenue Code of 1986, as amended (the “Code”), final, temporary and proposed U.S. Department of the Treasury (the “Treasury”) regulations, rulings and decisions, in each case, as available and in effect as of the date hereof, all of which are subject to change, possibly with retroactive effect. Tax consequences under state, local and non-U.S. laws are not addressed herein. No ruling from the U.S. Internal Revenue Service (the “IRS”) has been sought as to the U.S. federal income tax consequences of your investment in the Notes, and the following discussion is not binding on the IRS. U.S. Tax Treatment.Pursuant to the terms of the Notes, TD and you agree, in the absence of a statutory or regulatory change or an