Company: TDBCP
Filing Date: 2025-10-03
Form Type: 424B2
Source: 0001140361-25-037196
Chunk: 5

Company: TORONTO DOMINION BANK
Filing Date: 2025-10-03
Form: 424B2
Chunk 5
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 change in the ending price of the lowest performing Underlying Stock relative to its starting price and the other terms of the securities. Because the prices of the Underlying Stocks will be subject to market fluctuations, the maturity payment amount may be more or less, and possibly significantly less, than the face amount of your securities. If the ending price of the lowest performing Underlying Stock is less than its threshold price, the maturity payment amount will be less than the face amount and you will have 1-to-1 downside exposure to the decrease in the price of the lowest performing Underlying Stock in excess of the buffer amount, resulting in a loss of 1% of the face amount for every 1% decline from its starting price in excess of the buffer amount. The threshold price for each Underlying Stock is 60% of its starting price. As a result, if the ending price of the lowest performing Underlying Stock is less than its threshold price, you will lose some, and possibly up to 60%, of the face amount per security at maturity. This is the case even if the price of the lowest performing Underlying Stock is greater than or equal to its starting price or its threshold price at certain times during the term of the securities. Even if the ending price of the lowest performing Underlying Stock is greater than or equal to its starting price, the maturity payment amount will only be greater than the face amount by the contingent fixed return, and your yield on the securities may be less than the yield you would earn if you bought a traditional interest-bearing debt security of the Bank or another issuer with a similar credit rating with the same stated maturity date. The Potential Return On The Securities Is Limited To The Contingent Fixed Return And May Be Lower Than The Return On A Hypothetical Direct Investment In The Lowest Performing Underlying Stock. The potential return on the securities is limited to the contingent fixed return, regardless of how significantly the ending price of the lowest performing Underlying Stock exceeds its starting price. The lowest performing Underlying Stock could appreciate from the pricing date through the calculation day by significantly more than the percentage represented by the contingent fixed return, in which case an investment in the securities will underperform a hypothetical alternative investment providing a 1-to-1 return based on the performance of the lowest performing Underlying Stock. In addition, you will not receive the value of dividends or other distributions paid with respect to the lowest performing Underlying Stock. No Periodic Interest Will Be Paid On The Securities. No periodic payments of interest will be made on the