Company: TDBCP
Filing Date: 2025-09-12
Form Type: 424B5
Source: 0001193125-25-201820
Chunk: 73

Company: TORONTO DOMINION BANK
Filing Date: 2025-09-12
Form: 424B5
Chunk 73
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 any purchase obligation, sinking fund, retraction privilege or mandatory redemption provisions attaching to any series of preferred shares of the Bank, any other shares ranking prior to or on a parity with the Series 33 Shares; |

unless, in each case, all dividends on the Series 33 Shares up to and including those payable on the dividend payment date for the last completed period for which dividends shall be payable and in respect of which the rights of the holders thereof have not been extinguished or waived, and all dividends then accrued on all other shares ranking prior to or on a parity with the Series 33 Shares, have been declared and paid or set apart for payment. Issue of Additional Series of Class A First Preferred Shares The Bank may not, without the prior approval of the holders of the Class A First Preferred Shares (in addition to such approvals as may be required by the Bank Act or any other legal requirement), (a) create or issue any shares ranking in priority to the Class A First Preferred Shares, or (b) create or issue any additional series of Class A First Preferred Shares or any shares ranking pari passu with the Class A First Preferred Shares, unless at the date of such creation or issuance all cumulative dividends up to and including the last completed period for which such cumulative dividends shall be payable, shall have been declared and paid or set apart for payment in respect of each series of cumulative Class A First Preferred Shares then issued and outstanding and any declared and unpaid non-cumulativedividends shall have been paid or set apart for payment in respect of each series of non-cumulativeClass A First Preferred Shares then issued and outstanding. Currently, there are no outstanding Class A First Preferred Shares which carry the right to cumulative dividends. Conversion into Another Series of Class A First Preferred Shares or Subordinated Indebtedness The Bank may at any time that the Series 33 Shares are not held by the Limited Recourse Trust, subject to the written approval of the Superintendent, (i) give the holders of Series 33 Shares the right, at their option, to convert such Series 33 Shares into a new series of Bank Securities, or (ii) require the holders of Series 33 Shares to convert such Series 33 Shares into a new series of Bank Securities. “Bank Securities” means, at the option of the Bank, either (A) Class A First Preferred Shares, or (B) a perpetual debt instrument constituting subordinated indebtedness of the Bank which would qualify as “Additional Tier 1” capital (or its then