Company: TDBCP
Filing Date: 2025-06-02
Form Type: 424B2
Source: 0001140361-25-021126
Chunk: 13

Company: TORONTO DOMINION BANK
Filing Date: 2025-06-02
Form: 424B2
Chunk 13
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 the close of business on the second to last calculation day of March, June, September and December using the following procedures: (1) The rebalancing   
 reference date is two business days prior to the last calculation day of each quarter; and (2) With prices reflected on the rebalancing reference date, and membership, shares outstanding, additional weight factor (capping factor) and 
 investable weight factors (as described in the section “Computation of the S&P 500 Index®” below) as of the rebalancing effective date, each company is weighted using the modified market capitalization methodology.                    
 Modifications are made as defined below.                                                                                                                                                                                                  |

| Capped Leveraged Index Return Notes® | TS-9 |

| i. | The indices are first evaluated to ensure none of the indices breach the maximum allowable limits defined in rules (ii) and (v) below. If any of the allowable limits are breached, the component stocks are reweighted based on their 
 float-adjusted market capitalization weights.                                                                                                                                                                                          |

| ii. | If any component stock has a weight greater than 24%, that component stock has its float-adjusted market capitalization weight capped at 23%. The 23% weight cap creates a 2% buffer to ensure that no component stock exceeds 25% as of the 
 quarter-end diversification requirement date.                                                                                                                                                                                                |

| iii. | All excess weight is equally redistributed to all uncapped component stocks within the relevant Select Sector Index. |

| iv. | After this redistribution, if the float-adjusted market capitalization weight of any other component stock(s) then breaches 23%, the process is repeated iteratively until no component stock breaches the 23% weight cap. |

| v. | The sum of the component stocks with weight greater than 4.8% cannot exceed 50% of the total index weight. These caps are set to allow for a buffer below the 5% limit. |

| vi. | If the rule in step (v) is breached, all the component stocks are ranked in descending order of their float-adjusted market capitalization weights and the first component stock that causes the 50% limit to be breached has its weight 
 reduced to 4.6%.                                                                                                                                                                                                                         |

| vii. | This excess weight is equally redistributed to all component stocks with weights below 4.6%. This process is repeated iteratively until step (v) is satisfied. |

| viii. | Index share amounts are assigned to each