Company: TDBCP
Filing Date: 2025-03-04
Form Type: 424B2
Source: 0001140361-25-006879
Chunk: 3

Company: TORONTO DOMINION BANK
Filing Date: 2025-03-04
Form: 424B2
Chunk 3
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ations

You may wish to consider an investment in the notes if:

| ■ | You anticipate that the Index will either increase moderately from the Starting Value to the Ending Value or decrease from the Starting Value to an Ending Value that is equal to or 
 greater than the Threshold Value.                                                                                                                                                    |

| ■ | You are willing to risk a substantial loss of principal if the Index decreases from the Starting Value to an Ending Value that is below the Threshold Value. |

| ■ | You accept that the return on the notes will be capped. |

| ■ | You are willing to forgo interest payments that are paid on conventional interest-bearing debt securities. |

| ■ | You are willing to forgo dividends and other distributions on, and other benefits of owning, the stocks included in the Index. |

| ■ | You are willing to accept that a limited market or no market exists for sales of the notes prior to maturity, and understand that the market price for the notes in any secondary market                        
 may be adversely affected by various factors, including, but not limited to, our actual and perceived creditworthiness, our internal funding rate and fees and charges on the notes, as described on page TS-2. |

| ■ | 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 Index will decrease from the Starting Value to an Ending Value that is below the Threshold Value or that it will not increase sufficiently over the term of the 
 notes to provide you with your desired return.                                                                                                                                       |

| ■ | You seek 100% principal repayment or preservation of capital. |

| ■ | You seek an uncapped return on your investment. |

| ■ | 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.

| Capped Notes with Absolute Return Buffer | TS-3 |

| Capped Notes with Absolute Return Buffer        
 Linked to the S&P 500®Index due September, 2026 |