Company: TDBCP
Filing Date: 2025-12-02
Form Type: 424B2
Source: 0001140361-25-043985
Chunk: 7

Company: TORONTO DOMINION BANK
Filing Date: 2025-12-02
Form: 424B2
Chunk 7
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 be exposed to the market risk of each underlying stock on each determination date |

| ■ | You believe that the closing price ofeachunderlying stock on each determination date will begreater than or equal toits coupon threshold price |

| ■ | You believe that the final share price ofeachunderlying stock will begreater than or equal toits downside threshold price |

| ■ | You understand and accept that (i) you will not participate in any appreciation in the price of any underlying stock and that any potential positive return is limited to the contingent monthly coupons specified on the cover hereof and 
 (ii) you may receive few or no contingent monthly coupons during the term of the securities                                                                                                                                                |

| ■ | You can tolerate fluctuations in the market prices of the securities prior to maturity that may be similar to or exceed the fluctuations in the prices of the underlying stocks |

| ■ | You are willing to forgo any dividends paid on the underlying stocks and you do not seek guaranteed current income from this investment |

| ■ | You are willing to invest in securities that may be redeemed prior to the maturity date, you are otherwise willing to hold such securities to maturity, a term of approximately 3 years, and you accept that there may be little or no 
 secondary market for the securities                                                                                                                                                                                                    |

| ■ | You understand and are willing to accept the risks associated with the underlying stocks |

| ■ | You are willing to assume the credit risk of TD for all payments under the securities, and you understand that if TD defaults on its obligations you may not receive any amounts due to you including any repayment of principal |

**The securities may not be suitable for you if:**

| ■ | You do not fully understand or are unwilling to accept the risks of an investment in the securities, including the risk that you may lose up to 100.00% of your investment in the securities |

| ■ | You require an investment designed to provide a full or at least partial return of principal at maturity |

| ■ | You cannot tolerate a loss of a significant portion or all of your investment, or you are not willing to make an investment that may have the same downside market risk as a direct investment in the worst performing underlying stock |

| ■ | You do not understand or cannot accept that the securities are not linked to a basket of the underlying stocks and that you will be exposed to the market risk of each underlying stock on each determination date |

| ■ | You believe that the closing price ofanyunderlying stock on each determination date is likely to beless thanits