2027 TD Investing Campaign for TD Direct Investing and TD Easy Trade^TM (the “Offer”)

To be eligible for the Offer, you must meet all the following requirements at the time of participation, including when the Reward (as defined below) is paid:

• You are a new or existing TD Direct Investing client, which includes clients of TD Active Trader, TD Direct Investing, and TD Easy Trade.
• Your account(s) are in good standing when you participate in the Offer.
• You are the legal age of majority in your province or territory by April 30, 2027.
• You are a legal resident of Canada.
• You meet all requirements in these Terms and Conditions.

You must complete each step below to qualify for the cash back reward.

Once you register, all your eligible TD Direct Investing and TD Easy Trade accounts will be included in the Offer.

• Registration Period: November 2, 2026 – April 30, 2027
• Registration Deadline: April 30, 2027
• Funding Period: November 2, 2026 – May 31, 2027
• First Transfer Completion Deadline: 60 days after registration date or May 31, 2027 – whichever comes first.
• Transfer Deadline: May 31, 2027
• Qualifying assets must remain in your eligible account(s) until May 31, 2028
• Reward Payment: by June 30, 2028

Your reward is based on your Total Funding Amount, or TFA. TFA is the value of eligible assets transferred from outside TD Bank Group into your eligible account(s) under this Offer, less withdrawals that reduce your qualifying amount.

• Eligible assets initially transferred into an eligible registered account can qualify for 2% cash back.
• Eligible assets initially transferred into an eligible non-registered account can qualify for 1% cash back.
• The maximum total cash back reward is $15,000.
• If you transfer eligible assets into more than one eligible account, TD will combine the asset values to calculate your TFA.
• The cash back rate is determined by the first eligible account the assets are transferred into under this Offer. Moving assets between eligible accounts after initial deposit will not change the cash back rate that applies to those assets.
• Only eligible assets transferred by May 31, 2027 will count toward your TFA.
• The reward will be calculated using the TFA maintained in your eligible account(s) as of May 31, 2028.

• The market value of eligible assets at the time of deposit will be used to determine the value transferred into your eligible account(s).
• Canadian-dollar and U.S.-dollar assets will be combined to determine your TFA. U.S.-dollar balances will be converted to Canadian dollars using the exchange rate on the date of deposit.
• Interest and dividends are not included in your TFA. However, if you withdraw interest or dividends, that withdrawal will reduce your TFA.
• Withdrawals made between November 2, 2026 and May 31, 2028 from any eligible account will reduce your TFA. This includes withdrawals of assets that were already in the account before the Offer began, regardless of when you registered.
• Withdrawals from non-eligible accounts, including RIF, LIF, RESP, RDSP and non-personal accounts other than Corporate Accounts, will not reduce your TFA.
• Market fluctuations and account fees will not be used to determine whether your account qualifies for the reward.
• If withdrawals reduce your TFA below $10,000 as of May 31, 2028, you will no longer qualify for the reward.

• If eligible assets are transferred into a joint account, any cash back reward for that account will be paid only to the primary account holder.
• Withdrawals from a joint account will reduce the primary account holder’s TFA, regardless of which account holder makes the withdrawal.
• TD Direct Investing is not responsible for how the reward is managed or shared after it is paid.

• The reward will be paid by June 30, 2028.
• If you have transferred eligible assets into one eligible account, the full reward will be paid into that account.
• If you transferred eligible assets into more than one eligible account, the reward will be divided proportionately among those accounts based on the amount of eligible assets transferred into each account.
• The reward will be paid in Canadian dollars to the Canadian-dollar component of the eligible account(s).
• The maximum reward under this Offer is $15,000 across all TD Direct Investing accounts.

• This Offer can be combined with the 2026 TD Direct Investing and TD Easy Trade Easy Cash Offer, subject to the terms below.
• Assets deposited, transferred or otherwise funded into an eligible account on or before November 30, 2026 will continue to be governed by the terms and conditions of the 2026 TD Direct Investing and TD Easy Trade Easy Cash Offer.
• Assets deposited, transferred or otherwise funded into an eligible account from December 1, 2026 to May 31, 2027 will be governed by these Terms and Conditions, including the requirement to hold the assets until May 31, 2028.
• This Offer may be combined with other TD Direct Investing and TD Easy Trade offers. Please review the terms and conditions of each offer to confirm eligibility.
• Recurring fund transfers made through Monthly Contribution Plan (MCP) or Pre-Authorization Debit (PAD) will not count toward your TFA for this Offer.
• Assets that have already qualified for or received rewards under a prior promotional offer will not be included in your TFA under this Offer. This includes assets transferred out and then transferred back in.

You may also be able to combine this Offer with the following TD Banking Packages:

• TD New to Canada Banking Package
• TD Student Banking Package
• TD International Student Banking Package

• Your account(s) must remain open and in good standing until the reward is paid. Good standing means the account is not in a debit position or in a margin call. Debit positions on margin accounts are acceptable.
• TD Direct Investing does not guarantee eligibility if funding deadlines are missed because of processing delays.
• Employees of TD Bank Group are eligible for the Offer.
• The Offer may be changed, extended or withdrawn at any time without notice.
• The Offer is not transferable.
• Eligible assets do not include securities that are restricted, subject to a cease trade order, or non-listed without independent evidence of current value acceptable to TD Direct Investing.
• There may be tax implications associated with the cash back reward. You may wish to consult a personal tax advisor. For registered plans, the cash back reward is paid directly to the plan and is not considered a contribution.
• TD Direct Investing may refuse to provide any reward or benefit under this Offer if it determines that you have violated these Terms and Conditions.

Are TD Active Trader and TD Easy Trade included in TD Direct Investing for this Offer?

Yes. References to TD Direct Investing in these Terms and Conditions include TD Active Trader, TD Direct Investing, and TD Easy Trade unless otherwise stated. Eligibility, qualifying accounts and Offer requirements may vary by platform and account type. Please refer to the applicable sections of these Terms and Conditions for details.

What do you need to do to qualify for the Offer?

You must register for the Offer, use the applicable promo code if you open a new eligible account, transfer at least $10,000 in eligible assets from outside TD Bank Group into your eligible account(s), and keep the qualifying assets in your eligible account(s) until May 31, 2028.

Can you transfer assets from another TD account?

No. To qualify, your eligible assets must be transferred from a financial institution outside TD Bank Group directly into your eligible TD Direct Investing account(s).

Can you use more than one eligible account?

Yes. After you register, eligible asset transfers into all of your eligible TD Direct Investing accounts will be included when calculating your reward.

How is your cash back rate determined?

Your rate is based on the eligible account into which your assets are first transferred under this Offer. Eligible registered accounts can qualify for 2% cash back, and eligible non-registered accounts can qualify for 1% cash back.

What happens if you withdraw assets during the holding period?

Withdrawals from eligible accounts between November 2, 2026 and May 31, 2028 will reduce your Total Funding Amount and may reduce or eliminate your reward.

Do market changes affect your reward?

No. Market fluctuations alone will not be used to determine whether your account qualifies for the reward.

When will you receive your cash back?

If you qualify, your cash back reward will be paid by June 30, 2028 to the Canadian-dollar component of your eligible account(s).

Is the cash back reward considered a contribution to your registered plan?

No. For registered plans, the cash back reward is paid directly to the plan and is not considered a contribution. You may wish to consult a personal tax advisor about any tax implications.

¹Refers to the TD Waterhouse Self-Directed Retirement Savings Plan (RSP), TD Waterhouse Tax-Free Savings Account (TFSA), TD Waterhouse Self-Directed Locked-In Retirement Account (LIRA), TD Waterhouse Self-Directed Retirement Income Fund (RIF), TD Waterhouse Self-Directed Life Income Fund (LIF), TD Waterhouse Registered Disability Savings Plan (RDSP), and the TD Waterhouse Self-Directed First Home Savings Account (FHSA).

²Refers to the TD Securities Inc. Self-Directed Education Savings Plan (RESP)

³Refers to the TD Waterhouse Self-Directed LRSP (Locked-in Retirement Savings Account) under Federal pension legislation.

TD Direct Investing is a division of TD Waterhouse Canada Inc., a subsidiary of The Toronto-Dominion Bank.

TD Easy Trade™ is a service of TD Direct Investing, a division of TD Waterhouse Canada Inc., a subsidiary of The Toronto-Dominion Bank.

TD Bank Group means The Toronto-Dominion Bank and its affiliates, who provide deposit, investment, loan, securities, trust, insurance and other products or services.

®The TD logo and other TD trademarks are the property of The Toronto-Dominion Bank or its subsidiaries.