Company: TDBCP
Filing Date: 2025-06-17
Form Type: 424B2
Source: 0001140361-25-022795
Chunk: 3

Company: TORONTO DOMINION BANK
Filing Date: 2025-06-17
Form: 424B2
Chunk 3
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 | You are willing to assume our credit risk, as issuer of the notes, for all payments under the notes, including the Redemption Amount. |

The notes may not be an appropriate investment for you if:

| ■ | You believe that the level of the Index will decrease from the Starting Value to the Ending Value. |

| ■ | You seek principal repayment or preservation of capital. |

| ■ | You seek interest payments or other current income on your investment. |

| ■ | You want to receive dividends or other distributions paid on the stocks included in the Index. |

| ■ | You seek an investment for which there will be a liquid secondary market. |

| ■ | You are unwilling or are unable to take market risk on the notes or to accept the credit risk of TD as issuer of the notes. |

We urge you to consult your investment, legal, tax, accounting, and other advisors concerning an investment in the notes.

| Market-Linked Step Up Notes | TS-3 |

| Market-Linked Step Up NotesLinked to the EURO STOXX 50®Index due August , 2026 |

Hypothetical Payout Profile The graph below is based on hypotheticalnumbers and values. Market-Linked Step Up Notes This graph reflects the returns on the notes, based on the Threshold Value of 100.00% of the Starting Value, a hypothetical Step Up Payment of $0.90 per unit (the midpoint of the Step Up Payment range of [$0.70 to $1.10] per unit) and a hypothetical Step Up Value of 109.00% of the Starting Value (the midpoint of the Step Up Value range of [107.00% to 111.00%]). The green line reflects the returns on the notes, while the dotted gray line reflects the returns of a direct investment in the stocks included in the Index, excluding dividends. This graph has been prepared for purposes of illustration only. See the below table for a further illustration of the range of hypothetical payments at maturity.

Hypothetical Payments at Maturity The following table and examples are for purposes of illustration only. They are based on hypotheticalvalues and show hypotheticalreturns on the notes. They illustrate the calculation of the Redemption Amount and total rate of return based on a hypothetical Starting Value of 100.00, a hypothetical Threshold Value of 100.00, a hypothetical Step Up Value of 109.00, a hypothetical Step Up Payment of $0.90 per unit and a range of hypothetical Ending Values. The actual amount you receive