Company: TDBCP
Filing Date: 2025-08-04
Form Type: 424B2
Source: 0001140361-25-028635
Chunk: 7

Company: TORONTO DOMINION BANK
Filing Date: 2025-08-04
Form: 424B2
Chunk 7
---
 stated principal amount at maturity plus a return equal to 150% times the underlying return, resulting in a payment at maturity of $1,045.00 per Buffered PLUS (a total return of 4.50%). EXAMPLE 2: The value of the underlying index increases over the term of the Buffered PLUS such that the payment at maturity is equal to the maximum payment at maturity.

| Final index value   |                                                                             150.00 |
| Underlying return   |                                                (150.00 – 100.00) / 100.00 = 50.00% |
| Payment at maturity | = $1,000.00 + leveraged upside payment, subject to the maximum payment at maturity |
|                     |     = $1,000.00 + ($1,000.00 × leverage factor × underlying return),subject to the 
                                                        maximum payment at maturity |
|                     |                       = maximum payment at maturity of $1,184.50 per Buffered PLUS |

In Example 2, the final index value is greater than the initial index value and the underlying return is 50.00%. Under the terms of the Buffered PLUS, investors will realize the maximum payment at maturity if the underlying return is 12.30% or higher. Therefore, in this example, investors receive the maximum payment at maturity of $1,184.50 per stated principal amount, even though the underlying index has appreciated by an amount significantly greater than the return represented by the maximum payment at maturity.

| July 2025 | Page6 |

| $2,991,000 Dual Directional Buffered PLUS Based on the Value of the Russell 2000®Index due August 4, 2027 
 Buffered Performance Leveraged Upside SecuritiesSM                                                        
 Principal at Risk Securities                                                                              |

EXAMPLE 3: The final index value is less than the initial index value, but not by more than the buffer amount.

| Final index value   |                                                  95.00 |
| Underlying return   |                     (95.00 – 100.00) / 100.00 = -5.00% |
| Payment at maturity | = $1,000.00 + ($1,000.00 × absolute underlying return) |
|                     |                   = $1,000.00 + ($1,000.00 × |-5.00%|) |
|                     |                                            = $1,050.00 |

In Example 3, the final index value is less than the initial index value and the underlying return is -