Company: TDBCP
Filing Date: 2025-10-09
Form Type: 424B2
Source: 0001140361-25-037778
Chunk: 15

Company: TORONTO DOMINION BANK
Filing Date: 2025-10-09
Form: 424B2
Chunk 15
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 Payment (per Note) |
| First Call Observation 
 Date through Sixteenth 
 Call Observation Date  |     | Various (allless thanthe Call Threshold Value)                |     |                                         $0.00 |
| Final Valuation Date   |     | 1,000.00 (less thanthe Call Threshold Value and Buffer Value) |     | = $1,000.00 + [$1,000.00 × (Percentage Change 
  + Buffer Amount) × Downside Leverage Factor] 
 = $1,000.00 + [$1,000.00 × (-60.00% + 15.00%) 
                       × approximately 1.1765] 
    = $470.59 (Total Payment on Maturity Date) |

Because the Closing Valueof the Reference Asset is less than the Call Threshold Valueon each Call Observation Date (including the Final Valuation Date) , the Notes will not be automatically called. Because the Final Value is less than the Buffer Value, on the Maturity Date we will pay you a cash payment per Note that is less than the Principal Amount, if anything, equal to the Principal Amount plus the product of the Principal Amount multiplied by the sum of the Percentage Change plus the Buffer Value multiplied by the Downside Leverage Factor, for a total of $470.59 per Note, a loss of 52.941% per Note. In this scenario, investors will suffer a loss on their initial investment on a leveraged basis for each percentage decline of the Reference Asset from the Initial Value to the Final Value in excess of the Buffer Amount. Specifically, investors will lose approximately 1.1765% of the Principal Amount of the Notes for each 1% that the Final Value is less than the Initial Value in excess of the Buffer Amount, and may lose the entire Principal Amount. Any payments on the Notes are subject to our credit risk.

| TD SECURITIES (USA) LLC | P-13 |

Information Regarding the Reference Asset All disclosures contained in this document regarding the Reference Asset, including, without limitation, its make-up, method of calculation, and changes in any Reference Asset Constituents, have been derived from publicly available sources. We have not undertaken an independent review or due diligence of any publicly available information with respect to the Reference Asset. The information reflects the policies of, and is subject to change by, the Index Sponsor. The Index Sponsor, which owns the copyright and all other rights to the Reference Asset, has no obligation to continue to publish,