Ms. Elizabeth Goldenshtein reports

TD BANK GROUP ANNOUNCES ELECTION OF DIRECTORS

Toronto-Dominion Bank's nominees listed in the management proxy circular dated Feb. 20, 2024, have been elected as directors of TD. The detailed results of the vote for the election of directors held at its annual and special meeting of common shareholders earlier today are set out herein.

Each of the 15 nominees proposed by management was elected as a director of TD.

Final voting results on all matters voted on at the annual and special 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 27.5 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; U.S. retail, including TD Bank, America's Most Convenient Bank, TD Auto Finance U.S. and TD Wealth (U.S.) and an investment in The Charles Schwab Corp.; 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 service firms, with more than 17 million active on-line and mobile customers. TD had $1.91-trillion in assets on Jan. 31, 2024. TD trades under the symbol TD on the Toronto and New York stock exchanges.