Company: TDBCP
Filing Date: 2025-09-30
Form Type: 424B2
Source: 0001140361-25-036758
Chunk: 15

Company: TORONTO DOMINION BANK
Filing Date: 2025-09-30
Form: 424B2
Chunk 15
---
 final determination date) or the final index value, as applicable, ofanyunderlying index is less than its coupon threshold level or downside threshold level is even greater.                                                    |

Risks Relating to Characteristics of the Underlying Indices

| ◾ | The level of each underlying index will be affected by various factors that interact in complex and unpredictable ways.The return on the securities, which may be negative, is linked to the                                                   
 performance of each underlying index and indirectly linked to the value of the index constituent stocks. The level of each underlying index can rise or fall sharply due to factors specific to such underlying index or its index constituent 
 stocks and their issuers (the “index constituent stock issuers”), such as stock or commodity price volatility, earnings, financial conditions, corporate, industry and regulatory developments, management changes and decisions and other     
 events, as well as general market factors, such as general stock market or commodity market volatility and levels, interest rates and economic and political conditions. You, as an investor in the securities, should make your own           
 investigation into the underlying indices and the index constituent stocks.                                                                                                                                                                    |

| ◾ | There can be no assurance that the investment view implicit in the securities will be successful.It is impossible to predict whether and the extent to which the levels of the underlying indices                                           
 will rise or fall and there can be no assurance that the index closing value ofeachunderlying index on any determination date will be greater than or equal to its coupon threshold level, or, if                                           
 the securities are not redeemed prior to maturity, that the final index value ofeachunderlying index on the final valuation date will be greater than or equal to its downside threshold level. The                                         
 levels of the underlying indices will be influenced by complex and interrelated political, economic, financial and other factors that affect the index constituent stock issuers. You should be willing to accept the risks associated with 
 the relevant markets tracked by each underlying index in general and each index’s index constituent stocks in particular, and the risk of losing a significant portion or all of your investment in the securities.                         |

| September 2025 | Page13 |

| $13,259,000 Contingent Income Auto-Callable Securities with 6-Month Initial Non-Call Period due September 29, 2028 |
| Based on the Worst Performing of the Nasdaq-100 Index®, the Russell 2000®Index and the S&P 500®Index               
 Principal at Risk Securities                                                                                       |

| ◾ | The securities are