Company: TDBCP
Filing Date: 2025-09-16
Form Type: 424B2
Source: 0001193125-25-205043
Chunk: 59

Company: TORONTO DOMINION BANK
Filing Date: 2025-09-16
Form: 424B2
Chunk 59
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 of the Notes shall be deemed to include all Additional Amounts, if any, payable in respect of such principal or interest, unless the context otherwise requires.

Redemption

Redemption at the Option of the Bank

The Bank may, at its option, with the prior written approval of the Superintendent, and without the consent of
the Noteholders, redeem the Notes in cash, in whole or in part, on not less than 10 days’ and not more than 60 days’ prior written notice to the registered Noteholders, on the Initial Reset Date and each Optional Redemption Date
thereafter, at a redemption price which is equal to the aggregate of (i) the principal amount of the Notes to be redeemed, and (ii) any accrued and unpaid interest on such Notesup to but excluding the date of redemption.

In cases of partial redemption, if the Notes to be redeemed are held in certificated form, the Notes will be selected by the Trustees by lot;
provided that any notes to be redeemed held through DTC shall be selected in accordance with the policies and procedures of DTC. The Trustees shall have no responsibility in determining or calculating the redemption price.

Redemption for Capital or Tax Reasons

The Bank may, at its option, with the prior written approval of the Superintendent and without the consent of the Noteholders, redeem all (but
not less than all) of the Notes at any time on not less than 10 days’ and not more than 60 days’ prior written notice following a Special Event Date. Any such redemption may not occur before the relevant Regulatory Event Date or Tax
Event Date, but may occur on or after such Regulatory Event Date or Tax Event Date, as the case may be; provided, in regard to a redemption pursuant to a Regulatory Event Date, the redemption must occur within 90 days following such Regulatory Event
Date.

A “Regulatory Event Date” means the date specified in a letter from the Superintendent to the Bank on which the Notes
will no longer be recognized in full as eligible “Additional Tier 1” capital or will no longer be eligible to be included in full as risk-based “Total Capital” on a consolidated basis, in each case under the CAR Guideline for
banks as interpreted by the Superintendent.

A “Tax Event Date” means the date on which the Bank has received an opinion of
independent counsel of a nationally recognized law firm in Canada experienced in such matters (who may be counsel to the Bank or the Limited Recourse Trust) to the effect that