Ms. Kate Toy reports

TD BANK U.S. ANNOUNCES JILL GATEMAN AS HEAD OF COMMERCIAL BANK

Jill Gateman has been named head of U.S. commercial banking of Toronto-Dominion Bank's TD Bank U.S. Holding Company. TD is integrating its corporate, commercial, small business and regional banking segments under one leader to transform how the business operates -- strengthening execution, accelerating growth and delivering more connected solutions for clients.

In this role, Ms. Gateman will lead the end-to-end delivery of products, capabilities and client coverage across TD's integrated commercial banking platform, including corporate and regional commercial banking, small business, sponsor and specialty finance, treasury management, government banking, middle-market banking, asset-based lending, franchise finance, institutional commercial real estate, health care lending, municipal and not-for-profit banking, equipment finance, as well as commercial credit management and operations.

Ms. Gateman brings deep institutional knowledge, including extensive experience across TD's commercial banking franchise, where she has led efforts to enhance client solutions and offerings, strengthen core businesses, and invest in new AI-enabled tools and digital innovation.

She has also played a key role in strengthening collaboration across TD's U.S. platform, including deepening the partnership between commercial banking and TD Securities to deliver more coordinated, full-service solutions to clients.

"Jill is an exceptional leader who has been instrumental in advancing TD's commercial banking business," said Leo Salom, president and chief executive officer, TD Bank U.S. "She has consistently translated a strong strategic vision into results -- strengthening our platform, expanding our capabilities, improving how we serve clients and developing top teams. As head of commercial banking, Jill will take us into this next phase by bringing our teams and capabilities together to deliver a deeply integrated, high performing commercial franchise."

Under Ms. Gateman's leadership, this integrated approach will continue to build out sector expertise, expand sponsor and specialty finance capabilities, and enhance TD's offerings across regional and small business banking.

"Our clients are at the centre of everything we do and I'm proud of the strong foundation we've built across our commercial banking businesses," said Ms. Gateman. "What sets TD apart is our ability to combine deep expertise with a relationship-driven approach. We are well positioned to help our clients grow, navigate change and succeed over the long term. I'm excited to build on our momentum and lead this next chapter."

About TD Bank U.S. Holding Company

TD Bank U.S. Holding Company and its subsidiaries, including TD Bank N.A., are collectively known as TD Bank U.S. As the U.S. banking business of TD Bank, a leading North American financial services firm, TD Bank U.S. serves more than 10 million clients and has a network of approximately 1,050 locations throughout the Northeast, Midatlantic, Carolinas and Florida. TD Bank U.S. support its clients and communities with a full range of retail, small business and commercial banking products and services. It also offers customized private banking and wealth management services, a comprehensive suite of credit card products for consumers and businesses, and automotive vehicle financing and dealer commercial services. TD Bank U.S. is one of the largest banks in the United States by assets and is headquartered in Mount Laurel, N.J.