Ms. Jillian Tanouye reports

TD ASSET MANAGEMENT INC. ANNOUNCES RISK RATING CHANGES FOR CERTAIN TD ETFS

TD Asset Management Inc. (TDAM), the manager of the TD exchange-traded funds (ETFs) listed below, has made the following risk rating changes, effective on or about Oct. 29, 2026.

There are no changes to the investment objectives, strategies or management of TD Global Technology Leaders Index ETF (U.S. dollars), TD Active U.S. Enhanced Dividend CAD Hedged ETF and TD Select U.S. Short Term Corporate Bond Ladder ETF associated with the new risk ratings.

The risk rating changes will be reflected in the TD exchange-traded funds prospectus and ETF facts that will be filed on or about Oct. 29, 2026.

TDAM is required to conduct an annual review to determine the risk level of publicly offered investment funds. The risk rating change is based on the standardized risk classification methodology mandated by the Canadian Securities Administrators (CSA) and the related annual review conducted by TDAM to determine the risk level of its publicly offered investment funds.

A summary of the CSA's risk classification methodology as well as the investment objectives and strategies of TD Global Technology Leaders Index ETF (U.S. dollars), TD Active U.S. Enhanced Dividend CAD Hedged ETF and TD Select U.S. Short Term Corporate Bond Ladder ETF can be found in the TD exchange-traded funds prospectus, available on TDAM's website or on SEDAR+.