Ms. Alicia Skrinjar reports

TD ASSET MANAGEMENT ANNOUNCES THE FINAL VALUATION OF MATURING ETFS

TD Asset Management Inc. (TDAM), the manager of the TD Target Maturity Bond ETFs, today declared the final valuation of the maturing ETFs (exchange-traded funds) that are being terminated today.

As announced on Sept. 10, 2025, the following maturing ETFs were voluntarily delisted from the Toronto Stock Exchange as of the market close on Nov. 19, 2025, and are terminated effective at the close of business today. The final net asset value (NAV) per unit of the maturing ETFs is as shown in the attached table.

The net assets of the maturing ETFs will be distributed today pro rata among the remaining unitholders. No action is required by unitholders to receive the final payment.

About TD Asset Management Inc.

TD Asset Management, a member of TD Bank Group, is a North American investment management firm. TDAM offers investment solutions to corporations, pension funds, endowments, foundations and individual investors. Additionally, TDAM manages assets on behalf of almost two million retail investors and offers a broadly diversified suite of investment solutions including mutual funds, professionally managed portfolios and corporate class funds. Asset management businesses at TD manage $527-billion in assets. Aggregate statistics are as of Sept. 30, 2025, for TDAM and Epoch Investment Partners Inc. TDAM operates in Canada and Epoch Investment Partners operates in the United States. Both entities are affiliates and are wholly owned subsidiaries of The Toronto-Dominion Bank.