Company: TDBCP
Filing Date: 2025-11-25
Form Type: 424B2
Source: 0001140361-25-043319
Chunk: 13

Company: TORONTO DOMINION BANK
Filing Date: 2025-11-25
Form: 424B2
Chunk 13
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 each trading day during any quarterly observation period will be greater than or equal                                           
 to their coupon threshold levels, or, if the securities are not redeemed prior to maturity, that the final index value ofallof the underlying indices on the final valuation date will be greater than                                           
 or equal to their downside threshold levels. The levels of the underlying indices will be influenced by complex and interrelated political, economic, financial and other factors that affect the index constituent stock issuers. You should be 
 willing to accept the risks associated with the relevant markets tracked by each underlying index in general and each index’s index constituent stocks in particular, and the risk of losing a significant portion or all of your investment in  
 the securities.                                                                                                                                                                                                                                  |

| ■ | The securities will not be adjusted for changes in exchange rates related to the U.S. dollar.Although the index constituent stocks of the EURO STOXX 50®Index are traded in euros, the                                                           
 securities are denominated in U.S. dollars. The calculation of the amount payable on the securities at maturity will not be adjusted for changes in the exchange rates between the U.S. dollar and the euro. Changes in exchange rates, however, 
 may reflect changes in various non-U.S. economies that in turn may affect the value of the EURO STOXX 50®Index and, accordingly, the market value of, and return on, on the securities. You will not benefit from any appreciation of            
 the euro relative to the U.S. dollar, which you would have had you owned the index constituent stocks of the EURO STOXX 50®Index directly.                                                                                                       |

| ■ | The securities are subject to non-U.S. securities market risk.The securities are subject to risks associated with non-U.S. securities markets, specifically that of the eurozone because the EURO                                                
 STOXX 50®Index is comprised of stocks of companies in the eurozone. An investment in securities linked directly or indirectly to the value of securities issued by non-U.S. companies involves particular risks. Generally, non-U.S.             
 securities markets may be more volatile than U.S. securities markets, and market developments may affect non-U.S. markets differently from U.S. securities markets. Direct or indirect government intervention to stabilize these non-U.S.       
 markets, as well as cross shareholdings in non-U.S. companies, may affect trading prices and volumes in those markets. There is generally less publicly available information about non-U.S. companies than about those U.S. companies that are