Company: TDBCP
Filing Date: 2025-02-26
Form Type: 424B5
Source: 0001193125-25-036947
Chunk: 42

Company: TORONTO DOMINION BANK
Filing Date: 2025-02-26
Form: 424B5
Chunk 42
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OR will be determined on the basis of the rates, at approximately 11:00 A.M., Brussels time, on the relevant                                                                                                                                        
 EURIBOR interest determination date, at which deposits of the following kind are offered to prime banks in the euro-zone interbank market by the principal euro-zone office of each of four major banks in that market selected by the calculation       
 agent: euro deposits having the relevant index maturity specified in the applicable pricing supplement, beginning on the relevant interest reset date, and in a representative amount. The calculation agent will request the principal euro-zone office 
 of each of these banks to provide a quotation of its rate. If at least two quotations are provided, EURIBOR for the relevant EURIBOR interest determination date will be the arithmetic mean of the quotations.                                          |

| • |     | If fewer than two quotations are provided as described above, EURIBOR for the relevant EURIBOR interest 
 determination date will be the arithmetic mean of the rates for loans of the                            |

S-29

| following kind to leading euro-zone banks quoted, at approximately 11:00 A.M., Brussels time on that EURIBOR interest determination date, by three major banks, one of which may be TD or an                                                    
 affiliate, in the euro-zone selected by the calculation agent: loans of euros having the relevant index maturity specified in the applicable pricing supplement, beginning on the relevant interest reset date, and in a representative amount. |

| • |     | If fewer than three banks selected by the calculation agent are quoting as described above, EURIBOR for the new                                                                                                        
 interest period will be EURIBOR 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. |

| • |     | Notwithstanding the foregoing, if (i) EURIBOR has been permanently or indefinitely discontinued or                                                                                                                                                        
 (ii) the applicable regulatory supervisor makes an announcement that EURIBOR is no longer representative or as of a certain date will no longer be representative, then the calculation agent will, as directed by TD, use as a substitute for            
 EURIBOR and for each future EURIBOR interest determination date, the Alternative Rate selected by the central bank, reserve bank, monetary authority or any similar institution (including any committee or working group thereof) that is consistent     
 with accepted market practice. As part of such substitution, the calculation agent will, as directed by TD, make such adjustments, in each case