Company: TDBCP
Filing Date: 2025-11-12
Form Type: 424B2
Source: 0001140361-25-041484
Chunk: 0

Company: TORONTO DOMINION BANK
Filing Date: 2025-11-12
Form: 424B2
Chunk 0
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| Filed Pursuant to Rule 424(b)(2)      
 Registration Statement No. 333-283969 |

Pricing Supplement dated November 7, 2025to the Product Supplement MLN-ES-ETF-1 dated February 26, 2025 and Prospectus dated February 26, 2025

| The Toronto-Dominion Bank                                                                                           
 $1,200,000                                                                                                          
 Step Down Autocallable Contingent Interest Barrier Notes with Memory Interest Linked to the Least Performing of the 
 shares of the iShares®Russell 2000 ETF, the shares of the Invesco QQQ TrustSM, Series 1 and the shares of the SPDR® 
 S&P 500®ETF TrustDue November 12, 2027                                                                              |

The Toronto-Dominion Bank (“TD” or “we”) has offered the Step Down Autocallable Contingent Interest Barrier Notes with Memory Interest (the “Notes”) linked to the least performing of the shares of the iShares ®Russell 2000 ETF, the shares of the Invesco QQQ Trust SM, Series 1 and the shares of the SPDR ®S&P 500 ®ETF Trust(each, a “Reference Asset” and together, the “Reference Assets”). We also refer to an exchange-traded fund as an “ETF”. The Notes will pay a Contingent Interest Payment, plus any previously unpaid Contingent Interest Payment(s) with respect to any previous Contingent Interest Observation Date(s) pursuant to the Memory Interest Feature, on a Contingent Interest Payment Date (including the Maturity Date) at a per annum rate of 9.00%(the “Contingent Interest Rate” )only if, on the related Contingent Interest Observation Date, the Closing Value of each Reference Asset is greater than or equal to its Contingent Interest Barrier Value, which is equal to 70.00% of its Initial Value. If, however, the Closing Value of any Reference Asset is less than its Contingent Interest Barrier Value on a Contingent Interest Observation Date, no Contingent Interest Payment will be payable on the related Contingent Interest Payment Date. The Notes will be automatically called if, on any Call Observation Date, the Closing Value of each Reference Asset is greater than or equal to its Call Threshold Value, which is equal to 100.00% of its Initial Value as of the first Call Observation Date and decreases as of each subsequent Call Observation Date.