Company: TDBCP
Filing Date: 2025-10-09
Form Type: 424B3
Source: 0001140361-25-037791
Chunk: 7

Company: TORONTO DOMINION BANK
Filing Date: 2025-10-09
Form: 424B3
Chunk 7
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 received the dividends paid or other distributions made in connection with them. Your LIRNs will be paid in cash and you have no right to receive any shares of any Underlying Stock. PS-8 If shares of an Underlying Company are also listed on a foreign exchange, your return may be affected by factors affecting international securities markets.The value of securities traded outside of the U.S. may be adversely affected by a variety of factors relating to the relevant securities markets. Factors which could affect those markets, and therefore the return on your LIRNs, include:

| ● | Market Liquidity and Volatility.The relevant foreign securities markets may be less liquid and/or more volatile than U.S. or other securities markets and may be affected 
 by market developments in different ways than U.S. or other securities markets.                                                                                           |

| ● | Political, Economic, and Other Factors.The prices and performance of securities of companies in foreign countries may be affected by political, economic, financial, public                                                                     
 health, natural disasters, acts of terrorism or war, social and other factors in those regions. Direct or indirect government intervention to stabilize a particular securities market and cross-shareholdings in companies in the relevant     
 foreign markets may affect prices and the volume of trading in those markets. In addition, recent or future changes in government, economic, and fiscal policies in the relevant jurisdictions, the possible imposition of, or changes in,      
 currency exchange laws, or other laws or restrictions, and possible fluctuations in the rate of exchange between currencies, are factors that could adversely affect the relevant securities markets. The relevant foreign economies may differ 
 from the U.S. economy in economic factors such as growth of gross national product, rate of inflation, capital reinvestment, resources, and self-sufficiency.                                                                                   |

In particular, many emerging nations are undergoing rapid change, involving the restructuring of economic, political, financial and legal systems. Regulatory and tax environments may be subject to change without review or appeal, and many emerging markets suffer from underdevelopment of capital markets and tax systems. In addition, in some of these nations, issuers of the relevant securities face the threat of expropriation of their assets and/or nationalization of their businesses. The economic and financial data about some of these countries may be unreliable.

| ● | Publicly Available Information.There is generally less publicly available information about foreign companies than about U.S. companies that are subject to the reporting                                                 
 requirements of the SEC. In addition, accounting, auditing, and financial reporting standards and requirements applicable to companies in