Ms. Elizabeth Goldenshtein reports

TD BANK GROUP ANNOUNCES ELECTION OF DIRECTORS

Each of the director nominees listed in the management proxy circular dated Feb. 10, 2025, were elected as directors of Toronto-Dominion Bank. The detailed results of the vote for the election of directors held at the annual meeting of common shareholders earlier today are set out in the attached table. Each of the 14 nominees proposed by management was elected as a director of TD, as shown in the attached table.

TD's board composition includes a mix of returning and new directors. As previously disclosed by TD, Frank Pearn is expected to join the board of directors on or about Aug. 25, 2025, and TD looks forward to welcoming him later this year.

Final voting results on all matters voted on at the annual meeting of common shareholders held earlier today will be published shortly on the TD website, and filed with the Canadian and U.S. securities regulators.

About Toronto-Dominion Bank

TD and its subsidiaries are collectively known as TD Bank Group. TD is the sixth-largest bank in North America by assets and serves over 27.9 million customers in four key businesses operating in a number of locations in financial centres around the globe: Canadian personal and commercial banking, including TD Canada Trust and TD Auto Finance Canada; United States retail, including TD Bank, America's Most Convenient Bank, TD Auto Finance U.S. and TD Wealth (U.S.); wealth management and insurance, including TD Wealth (Canada), TD Direct Investing and TD Insurance; and wholesale banking, including TD Securities and TD Cowen. TD also ranks among the world's leading on-line financial services firms, with more than 17 million active on-line and mobile customers. TD had $2.09-trillion in assets on Jan. 31, 2025. TD trades under the symbol TD on the Toronto Stock Exchange and New York Stock Exchange.