Company: TDBCP
Filing Date: 2025-11-18
Form Type: 424B2
Source: 0001140361-25-042587
Chunk: 9

Company: TORONTO DOMINION BANK
Filing Date: 2025-11-18
Form: 424B2
Chunk 9
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 or equal to their respective downside threshold prices and coupon threshold prices, at maturity you receive the stated principal amount plus the contingent quarterly coupon with respect to the final determination date. Your 
 payment at maturity is calculated as follows:                                                                                                                                                                                                |

$1,000.00 + $30.05 = $1,030.05 In this example, you receive the stated principal amount per security plus the contingent quarterly coupon, equal to a total payment of $1,030.05 per security at maturity. Your total payment per security in this example is $1,030.05 (a total return of 3.005% on the securities).

| ■ | InExample 4, the closing price ofat least oneof the underlying stocks on each determination date throughout the term of the securities is less than its                                                                                          
 coupon threshold price and call threshold price. As a result, you do not receive any contingent quarterly coupon during the term of the securities and the securities are not automatically redeemed prior to maturity. Furthermore, because the 
 final share price ofat least oneof the underlying stocks is less than its downside threshold price, you receive a cash payment at maturity calculated as follows:                                                                                |

$1,000.00+ ($1,000.00 × underlying return of the worst performing underlying stock) = $1,000.00 + ($1,000.00 × -60.00%) = $400.00 In this example, your payment at maturity is significantly less than the stated principal amount and you will receive a total cash payment per security at maturity equal to $400.00 (a loss of 60.00% on the securities). We make no representation or warranty as to which of the underlying stocks will be the worst performing underlying stock for the purposes of calculating your actual payment at maturity. Investing in the securities involves significant risks. The securities differ from ordinary debt securities in that TD is not necessarily obligated to repay the full amount of your investment in the securities. If the securities are not redeemed prior to maturity and the final share price of any underlying stock is less than its downside threshold price, TD will pay you a cash payment per security that will be less than the stated principal amount, if anything, resulting in a percentage loss on your stated principal amount that is equal to the underlying return of the worst performing underlying stock. In such circumstances, the amount you receive at maturity will be less than 60.00% of the stated principal amount and you may lose your entire investment in the securities. The securities will not pay a contingent