Toronto-Dominion Bank management responsibilities

The Report was prepared by the management of the Bank, who are responsible for the collection and preparation of the subject matter in the Report and the criteria used in determining that the information is appropriate for the purpose of disclosure in the Report. In addition, management is responsible for maintaining adequate records and internal controls that are designed to support the reporting process. There are currently no legislative or regulatory requirements requiring the Bank to prepare, publish or have verified a corporate responsibility report.

Level of assurance

Our procedures were designed to obtain a limited level of assurance on which to base our conclusions. The procedures conducted do not provide all the evidence that would be required in a reasonable assurance engagement and, accordingly, we do not express a reasonable level of assurance. While we considered the effectiveness of management’s internal controls when determining the nature and extent of our procedures, our assurance engagements were not designed to provide assurance on internal controls and, accordingly, we express no conclusions thereon.

Work performed

In order for us to express a conclusion in relation to the above subject matters, we have considered the following questions:

Completeness ► Has the Bank fairly presented the subject matter with respect to the organizational and operational boundaries and time period defined in the Report?

► Has the Bank accurately collated corporate data relating to the subject matter from all material entities in its defined boundary?

► Has the Bank collated corporate data relating to the subject matter from all relevant operations level data?

Accuracy ► Is the subject matter accurate and sufficiently detailed for stakeholders to assess the Bank’s performance?

The procedures we undertook to form our conclusions included, but were not limited to:

► Interviewing selected personnel to understand the key corporate responsibility issues related to the data and processes for the collection and accurate reporting of the subject matter

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