Company: TDBCP
Filing Date: 2025-07-29
Form Type: 424B2
Source: 0001140361-25-027726
Chunk: 27

Company: TORONTO DOMINION BANK
Filing Date: 2025-07-29
Form: 424B2
Chunk 27
---
 in Law Event Affecting, an Equity Security” and “— Anti-Dilution Adjustments” in the
    product supplement are replaced in its entirety with the below discussion.

Delisting or Suspension of Trading in an Equity Security

If a Reference Asset is delisted or trading of the Reference Asset is suspended on the primary exchange for such Reference Asset, and such Reference Asset is
    immediately re-listed or approved for trading on a successor exchange which is a major U.S. securities exchange registered under the Exchange Act, as determined by the Calculation Agent (a “successor exchange”), then such Reference Asset will continue
    to be deemed the Reference Asset. If the Reference Asset is not initially listed on a major U.S. securities exchange registered under the Exchange Act as determined by the Calculation Agent, the applicable pricing supplement will specify the applicable
    definition of a “successor exchange”.

If a Reference Asset is delisted or trading of such Reference Asset is suspended on the primary exchange for such Reference Asset, and such Reference Asset is not
    immediately re-listed or approved for trading on a successor exchange, then the Calculation Agent will deem the Closing Price of the applicable Reference Asset on the Trading Day immediately prior to its delisting or suspension to be the Closing Price
    of the applicable Reference Asset on each remaining Trading Day to, and including, the Observation Dates or the Final Valuation Date, as applicable.

Notwithstanding these alternative arrangements, any delisting or suspension of trading in an equity security may adversely affect the market value of, and return
    on, the Notes.**

#### Anti-Dilution Adjustments
The Initial Price, Contingent Coupon Barrier Price, Principal Barrier Price, Share Delivery Amount and/or any other relevant term, as applicable (the “Applicable
    Price”), may be adjusted by the Calculation Agent if any of the dilution events described below occurs with respect to such Reference Asset after the applicable Pricing Date.

The Calculation Agent will adjust the Applicable Price for the affected Reference Asset as described below, but only if an event below under this section occurs
    with respect to such Reference Asset and the relevant event occurs during the period described under the applicable subsection. The Applicable Price for the affected Reference Asset may each be subject to the adjustments described below, independently
    and separately, with respect to the dilution events that affect the Reference Asset.

No such adjustments will be required unless such adjustments would result in a change of at least 0.1% to the Applicable Price.

If more