Company: TDBCP
Filing Date: 2025-10-21
Form Type: 424B2
Source: 0001140361-25-038801
Chunk: 5

Company: TORONTO DOMINION BANK
Filing Date: 2025-10-21
Form: 424B2
Chunk 5
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 the third business day after the related determination date, except that the contingent coupon payment date for the final determination date will be the maturity date. It is possible that the closing prices of one or more of the underlying stocks could remain less than their respective coupon threshold prices for extended periods of time or even throughout the term of the securities such that you may receive few or no contingent quarterly coupons. If the closing prices of allof the underlying stocks on any determination date other than the final determination date are greater than or equal totheir respective call threshold prices, the securities will be automatically redeemed for an amount per security equal to the early redemption payment, which will be (i) the stated principal amount plus(ii) the contingent quarterly coupon otherwise payable with respect to the applicable determination date and any previously unpaid contingent quarterly coupons with respect to any previous determination dates pursuant to the memory coupon feature. If the securities have not previously been redeemed and the final share prices of allof the underlying stocks are greater than or equal totheir respective coupon threshold prices and 70.00% of their respective initial share prices, which we refer to as the downside threshold prices, the payment due at maturity will be (i) the stated principal amount plus(ii) the contingent quarterly coupon otherwise payable with respect to the final determination date and any previously unpaid contingent quarterly coupons with respect to any previous determination dates pursuant to the memory coupon feature. If, however, the securities are not redeemed prior to maturity and the final share price of anyunderlying stock is less thanits downside threshold price, investors will receive per security a number of shares of the worst performing underlying stock equal to the exchange ratio of the worst performing underlying stock, which will be equal to the quotient, observed to 4 decimal places, of (i) the stated principal amount dividedby (ii) its initial share price. The value of such shares is expected to be worth significantly less than the stated principal amount and could be as low as zero, resulting in the loss of the investor’s entire investment in the securities. Any fractional share included in the exchange ratio of the worst performing underlying stock will be paid in cash at an amount equal to the product of the fractional share amount and its final share price. Investors in the securities must be willing to accept the risk of not receiving any contingent quarterly coupons during the term of the securities and the risk of receiving shares of the worst performing underlying stock that are expected to be worth significantly less than the principal amount and could be as low as zero, resulting in the loss of an investor’s entire investment. In