Company: TDBCP
Filing Date: 2025-10-20
Form Type: 424B2
Source: 0001140361-25-038590
Chunk: 4

Company: TORONTO DOMINION BANK
Filing Date: 2025-10-20
Form: 424B2
Chunk 4
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 ◾ | You are willing to risk a loss of principal and return if the notes are not automatically called and the Index decreases from the Starting Value to the Ending Value. |

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

| ◾ | You are willing to forgo dividends or other benefits of owning the stocks included in the Index. |

| ◾ | You are willing to accept a limited or no market for sales prior to maturity, and understand that the market prices for the notes, if any, will be affected by various factors, including our actual and perceived creditworthiness, 
 our internal funding rate and fees and charges on the notes.                                                                                                                                                                         |

| ◾ | You are willing to assume our credit risk, as issuer of the notes, for all payments under the notes, including the Call Amount or the Redemption Amount. |

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

| ◾ | You wish to make an investment that cannot be automatically called. |

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

| ◾ | You anticipate that the Observation Level will be less than the Call Level on each Observation Date. |

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

| ◾ | 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.

| Autocallable Strategic Accelerated Redemption Securities® | TS-4 |

Examples of Hypothetical Payments The following examples are for purposes of illustration only. They are based on hypotheticalvalues and show hypotheticalreturns on the notes. They illustrate the calculation of the Call Amount or Redemption Amount, as applicable, based on the hypothetical terms set forth below. The actual amount you receive and the resulting return will depend on the actual Starting Value, Threshold Value, Call Level, Observation Levels, and term of your investment. The following examples do not take