On April 5, 2024, The Toronto-Dominion Bank announced that it has received shareholder proposals from Jacques Paquet requesting that the Board i) Annex to Annual Report on All Out-of-court Settlements, ii) Committee of 5 Persons to Consider All Out-of-court Settlements. In addition, the Company urged the shareholders to vote against the proposals at its annual general meeting of shareholders scheduled to be held on April 18, 2024.