Company: TDBCP
Filing Date: 2025-12-01
Form Type: 424B2
Source: 0001140361-25-043737
Chunk: 21

Company: TORONTO DOMINION BANK
Filing Date: 2025-12-01
Form: 424B2
Chunk 21
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 In addition, because the hypothetical ending value of the lowest performing Underlying on the final calculation day is greater than its coupon threshold value, you would receive a final contingent coupon payment on the stated maturity date.

P-18

Example 2. The ending value of the lowest performing Underlying on the final calculation day is less than its starting value but greater than its downside threshold value and its coupon threshold 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:                                 |         80.00 |        115.00 |       $110.00 |
| 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): |        80.00% |       115.00% |       110.00% |

Step 1: Determine which Underlying is the lowest performing Underlying on the final calculation day. In this example, the S&P 500 ®Index 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 is less than its hypothetical starting value, but not by more than 25%, you would receive the face amount of your securities at maturity. 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. In addition, because the hypothetical ending value of the lowest performing Underlying on the final calculation day is greater than its coupon threshold value, you would receive a final contingent coupon payment on the stated maturity date. Example 3. The ending value of the lowest performing Underlying on the final calculation day is less than its coupon threshold value and its downside threshold value, the maturity payment amount is less than the face amount of your