Company: TDBCP
Filing Date: 2025-07-18
Form Type: 424B2
Source: 0001140361-25-026314
Chunk: 18

Company: TORONTO DOMINION BANK
Filing Date: 2025-07-18
Form: 424B2
Chunk 18
---
 is less than its Contingent Interest Barrier Value, we will not pay the Contingent Interest Payment on any of the corresponding Contingent Interest Payment Dates and the Notes will not be subject to an Issuer Call. Because the Final Value of each Reference Asset is greater than or equal to its Barrier Value and Contingent Interest Barrier Value, on the Maturity Date we will pay you a cash payment equal to $1,499.50 per Note, reflecting your Principal Amount plus the Contingent Interest Payment applicable to the Final Valuation Date and the previously unpaid Contingent Interest Payment(s) in respect of the prior Contingent Interest Observation Date(s), for a total return of 49.95% on the Notes.

| TD SECURITIES (USA) LLC | P-14 |

Example 3 — The Closing Value of at Least One Reference Asset Is Less Than Its Contingent Interest Barrier Value on Each Contingent Interest Observation Date Prior to the Final Valuation Date, TD Does NOT Elect to Call the Notes Prior to Maturity and the Final Value of at Least One Reference Asset Is Less Than Its Contingent Interest Barrier Value and Barrier Value.

| Date                            |     | Closing Values                                                                                              |     |                                       Payment (per Note) |
| First through Fifth Contingent  
 Interest Observation Date       |     | Reference Asset A: Various (allless thanits Contingent Interest Barrier Value)                              
 Reference Asset B: Various (allgreater than or equal toits Contingent Interest Barrier Value)               
 Reference Asset C: Various (allgreater than or equal toits Contingent Interest Barrier Value)               |     |                                                    $0.00 |
| Sixth through Thirty-Fifth      
 Contingent Interest Observation 
 Date                            |     | Reference Asset A: Various (allgreater than or equal toits Contingent Interest Barrier Value)               
 Reference Asset B: Various (allless thanits Contingent Interest Barrier Value)                              
 Reference Asset C: Various (allgreater than or equal toits Contingent Interest Barrier Value)               |     |                                                    $0.00 |
| Final Valuation Date            |     | Reference Asset A: $80.00 (less thanits Contingent Interest Barrier Value and Barrier Value)                
 Reference Asset B: $31.25 (greater than or equal toits Contingent Interest Barrier Value and Barrier Value) 
 Reference Asset C: $80.50 (greater than or equal toits Contingent Interest Barrier Value and Barrier Value)