Company: TDBCP
Filing Date: 2025-09-11
Form Type: 424B2
Source: 0001140361-25-034649
Chunk: 21

Company: TORONTO DOMINION BANK
Filing Date: 2025-09-11
Form: 424B2
Chunk 21
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 Securities—Auto-Callable with Contingent Coupon with Memory Feature and Contingent Downside Principal at Risk Securities Linked to the Lowest Performing of the common stock of Arista Networks, Inc. and the common stock of Constellation Energy Corporation due September 14, 2028 solely on the stock closing price of the lowest performing Underlying Stock on the relevant calculation day. The performance of a better performing Underlying Stock is not relevant to your return on the securities. Example 3. The stock closing price of the lowest performing Underlying Stock on hypothetical calculation day #3 is greater than or equal to its starting price. As a result, the securities are automatically called on the applicable contingent coupon payment date for the face amount plus a final contingent coupon payment and the previously unpaid contingent coupon payment.

|                                                                                         |    The common stock 
 of Arista Networks, 
                Inc. |   The common stock 
   of Constellation 
 Energy Corporation |
| Hypothetical starting price:                                                            |             $100.00 |            $100.00 |
| Hypothetical stock closing price on hypothetical calculation day #3:                    |             $105.00 |            $130.00 |
| Hypothetical coupon threshold price:                                                    |              $70.00 |             $70.00 |
| Performance factor (stock closing price on calculation day #3divided bystarting price): |             105.00% |            130.00% |

Step 1: Determine which Underlying Stock is the lowest performing Underlying Stock on hypothetical calculation day #3. In this example, the common stock of Arista Networks, Inc. has the lowest performance factor and is, therefore, the lowest performing Underlying Stock on hypothetical calculation day #3. Step 2: Determine whether a contingent coupon payment will be paid and whether the securities will be automatically called on the applicable contingent coupon payment date. Since the hypothetical stock closing price of the lowest performing Underlying Stock on hypothetical calculation day #3 is greater than or equal to its starting price, the securities would be automatically called and you would receive the face amount plus a final contingent coupon payment and the previously unpaid contingent coupon payment on the applicable contingent coupon payment date, which is also referred to as the call settlement date. Because no contingent coupon payment was received in connection with hypothetical calculation day #2, investors in the securities would also receive the previously unpaid contingent coupon payment on the call settlement date, for a total of $1,097.50 per security. You will not receive any further