Company: TDBCP
Filing Date: 2025-07-30
Form Type: 424B2
Source: 0001140361-25-028062
Chunk: 14

Company: TORONTO DOMINION BANK
Filing Date: 2025-07-30
Form: 424B2
Chunk 14
---
 will not be subject to an automatic call. Because the Final Value is less than the Barrier Value, on the Maturity Date we will pay you a cash payment that is less than the Principal Amount, equal to the Principal Amount plus the product of the Principal Amount and the Percentage Change, in addition to the Interest Payment in respect of the final Interest Payment Date, for a total of $420.00 per Note. When added to the Interest Payments of $60.00 paid in respect of the prior Interest Payment Dates, we will have paid you a total of $480.00 per Note, a loss of 52.00% on the Notes. In this scenario, investors will suffer a percentage loss on the Principal Amount that is equal to the Percentage Change. Specifically, investors will lose 1% of the Principal Amount of the Notes for each 1% that the Final Value is less than the Initial Value, and may lose the entire Principal Amount. Any payments on the Notes are subject to our credit risk.

| TD SECURITIES (USA) LLC | P-11 |

Information Regarding the Reference Asset All disclosures contained in this document regarding the Reference Asset, including, without limitation, its make-up, method of calculation, and changes in any Reference Asset Constituents, have been derived from publicly available sources. We have not undertaken an independent review or due diligence of any publicly available information with respect to the Reference Asset. The information reflects the policies of, and is subject to change by, the Index Sponsor. The Index Sponsor, which owns the copyright and all other rights to the Reference Asset, has no obligation to continue to publish, and may discontinue publication of, the Reference Asset. None of the websites referenced in the Reference Asset description below, or any materials included in those websites, are incorporated by reference into this document or any document incorporated herein by reference. The graph below sets forth the information relating to the historical performance of the Reference Asset for the period specified. We obtained the information regarding the historical performance of the Reference Asset in the graph below from Bloomberg. We have not independently verified the accuracy or completeness of the information obtained from Bloomberg. The historical performance of the Reference Asset should not be taken as an indication of its future performance, and no assurance can be given as to the Final Value. We cannot give you any assurance that the performance of the Reference Asset will result in a positive return on your initial investment.

| S&P 500®Index |

We have derived all information regarding the S&P 500 ®Index (“SPX”)