Company: TDBCP
Filing Date: 2025-02-26
Form Type: 424B5
Source: 0001193125-25-036947
Chunk: 52

Company: TORONTO DOMINION BANK
Filing Date: 2025-02-26
Form: 424B5
Chunk 52
---
 of these reference dealers and will disregard the highest quotation—or, if there is equality,    
 one of the highest quotations—and the lowest quotation—or, if there is equality, one of the lowest quotations. Treasury notes are direct, non-callable, fixed rate obligations of the U.S. government.                                               |

| • |     | If three or four of these reference dealers are quoting as described in the prior paragraph, then the CMT rate                                                                                      
 for the relevant interest determination date will be based on the arithmetic mean of the offered rates so obtained, and neither the highest nor the lowest of those quotations will be disregarded. |

| • |     | If the calculation agent is unable to obtain three treasury note quotations, the CMT rate will be the yield to                                                                                                                                           
 maturity of the arithmetic mean of the following secondary market offered rates for treasury notes with an original maturity of the number of years that is the next highest to the index maturity and a remaining term to maturity closest to the index 
 maturity and in a representative amount: the offered rates, as of approximately 3:30 P.M., New York City time, on the relevant interest determination date, of three reference dealers selected by the calculation agent.                                |

| • |     | If two treasury notes with an original maturity as described in the preceding sentence have remaining terms to                                                                                                                                  
 maturity that are equally close to the designated CMT index maturity, the calculation agent will obtain from three reference dealers selected as described above quotations for the treasury notes with the shorter remaining term to maturity. |

| • |     | If two or fewer primary dealers selected by the calculation agent are quoting as described above, the CMT rate in                                                                                                                              
 effect for the new interest period will be the CMT rate in effect for the prior interest period. If the initial interest rate has been in effect for the prior interest period, however, it will remain in effect for the new interest period. |

CMS Rate Notes If you purchase a CMS rate note, your note will bear interest at an interest rate equal to the CMS rate and adjusted by the spread or spread multiplier, if any, indicated in the applicable pricing supplement. Unless we specify otherwise in the applicable pricing supplement, the CMS rate will be the rate for U.S. dollar swaps with a maturity for a specified number of years, expressed as a percentage in the applicable pricing supplement, which appears on the Reuters or Bloomberg screen page specified in the applicable pricing supplement as of 11:00 a.m., New York City time, on the interest determination date. The