Company: TDBCP
Filing Date: 2025-12-01
Form Type: 424B2
Source: 0001140361-25-043737
Chunk: 20

Company: TORONTO DOMINION BANK
Filing Date: 2025-12-01
Form: 424B2
Chunk 20
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100.00 for each Underlying, as applicable, has been chosen for illustrative purposes only and does not represent the actual starting value for any Underlying. The actual starting value, coupon threshold value and downside threshold value for each Underlying are set forth under “Terms of the Securities” above. For historical data regarding the actual closing values of the Underlyings, see the historical information provided herein. These examples are for purposes of illustration only and the values used in the examples may have been rounded for ease of analysis. Example 1. The ending value of the lowest performing Underlying on the final calculation day is greater than its starting value, the maturity payment amount is equal to the face amount of your securities at maturity and you receive a final contingent coupon payment:

|                                                            | S&P 500®Index | Russell 2000® 
         Index |    Technology 
 Select Sector 
     SPDR®Fund |
| Hypothetical starting value:                               |        100.00 |        100.00 |       $100.00 |
| Hypothetical ending value:                                 |        145.00 |        135.00 |       $125.00 |
| Hypothetical coupon threshold value:                       |         75.00 |         75.00 |        $75.00 |
| Hypothetical downside threshold value:                     |         75.00 |         75.00 |        $75.00 |
| Performance factor (ending valuedivided bystarting value): |       145.00% |       135.00% |       125.00% |

Step 1: Determine which Underlying is the lowest performing Underlying on the final calculation day. In this example, the Technology Select Sector SPDR ®Fund has the lowest performance factor and is, therefore, the lowest performing Underlying on the final calculation day. Step 2: Determine the maturity payment amount based on the ending value of the lowest performing Underlying on the final calculation day. Since the hypothetical ending value of the lowest performing Underlying on the final calculation day is greater than its hypothetical downside threshold value, the maturity payment amount would equal the face amount. Although the hypothetical ending value of the lowest performing Underlying on the final calculation day is significantly greater than its hypothetical starting value in this scenario, the maturity payment amount will not exceed the face amount. In addition to any contingent coupon payments received during the term of the securities, on the stated maturity date you would receive $1,000 per security.