Company: TDBCP
Filing Date: 2025-03-19
Form Type: 424B2
Source: 0001140361-25-009323
Chunk: 10

Company: TORONTO DOMINION BANK
Filing Date: 2025-03-19
Form: 424B2
Chunk 10
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 all of your investment.                                                                                                                                                                                           |

Tax-Related Risks

| ◾ | The U.S. federal income tax consequences of the notes are uncertain and, because of this uncertainty, there is a risk that the U.S. federal income tax consequences of the notes could differ materially and adversely from the treatment 
 described below in “Supplemental Discussion of U.S. Federal Income Tax Consequences”, as described further in product supplement EQUITY STR-1 under “Material U.S. Federal Income Tax Consequences — Alternative Treatments”. You should  
 consult your tax advisor as to the tax consequences of an investment in the notes and the potential alternative treatments.                                                                                                               |

| ◾ | For a discussion of the Canadian federal income tax consequences of investing in the notes, please see the discussion in product supplement EQUITY STR-1 under “Supplemental Discussion of Canadian Tax Consequences” and the further       
 discussion herein under “Summary of Canadian Federal Income Tax Consequences”. If you are not a Non-resident Holder (as that term is defined in the prospectus) for Canadian federal income tax purposes or if you acquire the notes in the 
 secondary market, you should consult your tax advisors as to the consequences of acquiring, holding and disposing of the notes and receiving the payments that might be due under the notes.                                                |

| Autocallable Strategic Accelerated Redemption Securities® | TS-8 |

| Autocallable Strategic Accelerated Redemption Securities®      
 Linked to the Invesco S&P 500®Equal Weight ETF due April, 2031 |

The Underlying Fund All disclosures contained in this term sheet regarding the Underlying Fund, including, without limitation, its make-up, method of calculation, and changes in its components, have been derived from publicly available sources. The information reflects the policies of, and is subject to change by, Invesco Capital Management LLC, the advisor to the Underlying Fund (the “sponsor” or “Invesco”). The sponsor has no obligation to continue to publish, and may discontinue publication of, the Underlying Fund. The consequences of the sponsor discontinuing publication of the Underlying Fund are discussed in the section entitled “Description of the Notes —Anti-Dilution and Discontinuance Adjustments Relating to Underlying Funds — Discontinuance of or Material Change to an Underlying Fund” beginning on page PS-34 of product supplement EQUITY STR-1. None of us, our affiliates, the calculation agents, MLPF&S or B