Company: TDBCP
Filing Date: 2025-02-26
Form Type: 424B5
Source: 0001193125-25-036947
Chunk: 18

Company: TORONTO DOMINION BANK
Filing Date: 2025-02-26
Form: 424B5
Chunk 18
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 SOFR, or timing related to the publication of SOFR. In addition, SOFR is published
by the FRBNY based on data received from a variety of sources, and we have no control over the methods of calculation, publication schedule, rate revision practices or availability of SOFR or the SOFR index. If the manner in which SOFR is calculated
is changed, that change may result in a reduction of the amount of interest payable on the notes, which may adversely affect the trading prices of the notes. The administrator of SOFR may withdraw, modify, amend, suspend or discontinue the
calculation or dissemination of SOFR in its sole discretion and without notice (in which case a fallback method of determining the interest rate on the notes as further described under “Description of the Notes We May Offer—Interest
Rates—SOFR Notes” will apply) and has no obligation to consider the interests of investors in the notes in calculating, withdrawing, modifying, amending, suspending or discontinuing SOFR. For purposes of the formula used to calculate
interest with respect to a series of notes, SOFR in respect of a particular date will not be adjusted for any modifications or amendments to SOFR data that the administrator of SOFR may publish after the interest rate on notes for that day has been
determined in accordance with the terms and provisions set forth in this prospectus supplement and the applicable pricing supplement.

If
we or our designee determines that a Benchmark Transition Event and its related Benchmark Replacement Date have occurred in respect of SOFR, then the interest rate on the notes will no longer be determined by reference to SOFR, but instead will be
determined by reference to a different rate, which will be a different benchmark than SOFR, plus a spread adjustment, which we refer to as a “Benchmark Replacement,” as further described under “Description of the Notes We May
Offer—Interest Rates—SOFR Notes.”

S-12

If a particular Benchmark Replacement or Benchmark Replacement Adjustment (as defined
herein) cannot be determined, then the next-available Benchmark Replacement or Benchmark Replacement Adjustment will apply. These replacement rates and adjustments may be selected, recommended or formulated by (i) the Relevant Governmental Body
(as defined herein) (such as the ARRC), (ii) International Swaps and Derivatives Association, Inc. (“ISDA”) or (iii) in certain circumstances, us or our designee. In addition, the terms of the notes expressly authorize us or our
designee to