多伦多道明银行美股招股说明书(2026-07-07版)

•Market Index Target-Term Securities®(“MITTS”)are senior unsecured debt securities issued by The Toronto-Dominion Bank(“TD”).Any payments due on MITTS, including any repayment of principal, will be subject to the credit risk of TD.•MITTS may not guarantee the full return of principal at maturity, and we will not pay interest on MITTS.Instead, the return onMITTS will be based on the performance of an underlying “Market Measure,” which will be an equity index (an “Index”), anexchange traded fund (an “Underlying Fund”), or a basket of the foregoing.•If the value of the Market Measure increases from its Starting Value to its Ending Value (each as defined below), you will receive atmaturity a cash payment per unit (the “Redemption Amount”) that equals the principal amount plus a multiple (the “ParticipationRate”) of that increase. The Participation Rate will generally be greater than or equal to 100%. The Redemption Amount may alsobe subject to a specified cap (the “Capped Value”).•If the value of the Market Measure does not change or decreases from its Starting Value to its Ending Value, you will receive aRedemption Amount that is no less than the minimum redemption amount per unit (the “Minimum Redemption Amount”). TheMinimum Redemption Amount may be less than or equal to the principal amount. If the Minimum Redemption Amount is less thanthe principal amount, you may lose a portion of your investment in MITTS.•This product supplement describes the general terms of MITTS, the risk factors to consider before investing, the general manner inwhich they may be offered and sold, and other relevant information.•For each offering of MITTS, we will provide you with a pricing supplement (which we refer to as a “term sheet”) that will describethe specific terms of that offering, including the specific Market Measure, the Participation Rate, the Minimum Redemption Amount,and any applicable Capped Value and certain risk factors.The applicable term sheet will identify, if applicable, any additions orchanges to the terms specified in this product supplement.•MITTS will be issued in denominations of whole units.Unless otherwise set forth in the applicable term sheet, each unit will have aprincipal amount of $10. The applicable term sheet may also set forth a minimum number of units that you must purchase.•Unless otherwise specified in the applicable term sheet, MITTS will not be listed on a securities exchange or quotation system.•BofA Securities, Inc. (“BofAS”) and one or more of its affiliates and TD Securities (USA) LLC (“TDS”) may act as our agents to offerMITTS, and will act in a principal capacity in such role. MITTS are senior unsecured debt securities issued by TD, are not guaranteed or insured by the Canada Deposit InsuranceCorporation (the “CDIC”), the U.S. Federal Deposit Insurance Corporation (the “FDIC”) or any other governmental agency orinstrumentality of any jurisdiction, and are not, either directly or indirectly, an obligation of any third party.MITTS have complexfeatures and investing in MITTS involves risks not associated with an investment in conventional debt securities. Potentialpurchasers of MITTS should consider the information in “Risk Factors” beginning on page PS-7 of this product supplementand page 1 of the accompanying prospectus.None of the U.S. Securities and Exchange Commission (the “SEC”), any state securities commission, or any other regulatory body has approved or disapproved of these securities or passed upon the adequacy or accuracy of this product supplement or theaccompanying prospectus. Any representation to the contrary is a criminal offense. BofA Securities TABLE OF CONTENTS PageSUMMARYPS-3RISK FACTORSPS-7USE OF PROCEEDS AND HEDGINGPS-22DESCRIPTION OF MITTSPS-23SUPPLEMENTAL PLAN OF DISTRIBUTION (CONFLICTS OF INTEREST)PS-37SUPPLEMENTAL DISCUSSION OF CANADIAN TAX CONSEQUENCESPS-39MATERIAL U.S. FEDERAL INCOME TAX CONSEQUENCESPS-40ERISA CONSIDERATIONSPS-47 MITTS®and “Market Index Target-Term Securities®” are registered service marks of Bank of America Corporation,the parent corporation of BofAS. SUMMARY Key Terms: Table of Contents Table of Contents RedemptionAmount atMaturity:At maturity, you will receive a Redemption Amount that is greater than the principal amount if the value of theMarket Measure increases from the Starting Value to the Ending Value. However, in no event will theRedemption Amount exceed the Capped Value, if applicable. If the value of the Market Measure does notchange or decreases from the Starting Value to the Ending Value, you will receive at least the MinimumRedemption Amount,and if the Minimum Redemption Amount is less than the principal amount,yourinvestment may result in a loss. Any payments due on MITTS, including any repayment of principal, are subject to our credit risk asissuer of MITTS. The Redemption Amount, denominated in U.S. dollars, will be calculated as follows: The Redemption Amount will not be less than the Minimum Redemption Amount p