Company: TDBCP
Filing Date: 2025-09-08
Form Type: 424B2
Source: 0001140361-25-034308
Chunk: 14

Company: TORONTO DOMINION BANK
Filing Date: 2025-09-08
Form: 424B2
Chunk 14
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annually, with a projected payment at maturity of $1,061.21 based on an investment of $1,000. Based on this comparable yield, if you are an initial holder that holds a Note until maturity and you calculate your taxes on a calendar year basis, we have determined that you would be required to report the following amounts as ordinary interest income from the Note, not taking into account any positive or negative adjustments you may be required to take into account based on actual payments on such Note:

| Accrual Period                            | Interest Deemed to Accrue During 
 Accrual Period (per $1,000 Note) |    Total Interest Deemed to Have 
 Accrued From Original Issue Date 
   (per $1,000 Note) as of End of 
                   Accrual Period |
| Issue Date through March 10, 2026         |                           $20.00 |                           $20.00 |
| March 10, 2026 through September 10, 2026 |                           $20.40 |                           $40.40 |
| September 10, 2026 through Maturity Date  |                           $20.81 |                           $61.21 |

A U.S. holder of the Notes is required to use our projected payment schedule to determine its interest accruals and adjustments, unless such holder determines that our projected payment schedule is unreasonable, in which case such holder must disclose its own projected payment schedule in connection with its U.S. federal income tax return and the reason(s) why it is not using our projected payment schedule. Neither the comparable yield nor the projected payment schedule constitutes a representation by us regarding the actual contingent amount that we will pay on a Note.

| TD SECURITIES (USA) LLC | P-12 |

If the actual amount of the contingent payment at maturity is different from the amount reflected in the projected payment schedule, a U.S. holder is required to make adjustments in its OID accruals under the noncontingent bond method described above when that amount is paid. An adjustment arising from the contingent payment made at maturity that is greater than the assumed amount of such payment is referred to as a “positive adjustment”; an adjustment arising from the contingent payment at maturity that is less than the assumed amount of such payment is referred to as a “negative adjustment”. Any positive adjustment for a taxable year is treated as additional OID income of the U.S. holder. Any net negative adjustment reduces any OID on a Note for the taxable year that would otherwise accr