Company: TDBCP
Filing Date: 2025-07-18
Form Type: 424B2
Source: 0001140361-25-026334
Chunk: 5

Company: TORONTO DOMINION BANK
Filing Date: 2025-07-18
Form: 424B2
Chunk 5
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 to reject such changes, in which case we may reject your offer to purchase. P-6 Additional Risk Factors The Notes involve risks not associated with an investment in conventional debt securities. This section describes the most significant risks relating to the terms of the Notes. For additional information as to these risks, please see “Additional Risk Factors Specific to the Notes” in the product supplement and “Risk Factors” in the prospectus. You should carefully consider whether the Notes are suited to your particular circumstances. Accordingly, investors should consult their investment, legal, tax, accounting and other advisors as to the risks entailed by an investment in the Notes and the suitability of the Notes in light of their particular circumstances. Risks Relating to Return Characteristics Principal at Risk. Investors in the Notes could lose their entire Principal Amount if there is a decline in the price of the Reference Asset by more than the Threshold Percentage. If the Final Price is less than the Initial Price by more than 20.00%, you will lose a portion of each $1,000 Principal Amount in an amount equal to the productof (i) the Downside Multiplier times(ii) the sumof the negative Percentage Change plusthe Threshold Percentage (iii) times$1,000 .Specifically, you will lose 1.25% of the Principal Amount of each of your Notes for every 1% that the Final Price is less than the Initial Price in excess of the Threshold Percentage and you may lose your entire Principal Amount. The Notes Do Not Pay Interest and Your Return on the Notes May Be Less Than the Return on Conventional Debt Securities of Comparable Maturity. There will be no periodic interest payments on the Notes as there would be on a conventional fixed-rate or floating-rate debt security having the same term. The return that you will receive on the Notes, which could be negative, may be less than the return you could earn on other investments. Even if your return is positive, your return may be less than the return you would earn if you bought a conventional senior interest bearing debt security of TD. Your Potential Payment at Maturity on the Notes Is Fixed and Limited to the Threshold Settlement Amount and You Will Not Participate in Any Appreciation in the Price of the Reference Asset. Your potential Payment at Maturity on the Notes is fixed as of the Strike Date and is limited to the Threshold Settlement Amount, which you will receive only if the Final Price is equal to or greater than the Threshold Price. The Notes do not provide for any participation in the positive performance of the Reference Asset