Company: TDBCP
Filing Date: 2025-01-14
Form Type: 424B2
Source: 0001140361-25-001019
Chunk: 9

Company: TORONTO DOMINION BANK
Filing Date: 2025-01-14
Form: 424B2
Chunk 9
---
 product supplement and, notwithstanding these adjustments, the market value of, and return on, the Notes may be adversely affected. Each Reference Asset Reflects Price Return, not Total Return. The return on your Notes is based on the performance of the Reference Assets, which each reflects the changes in the market prices of its Reference Asset Constituents. Each Reference Asset is not a “total return” index or strategy, which, in addition to reflecting those price returns, would also reflect any dividends paid on the Reference Asset Constituents. The return on the Notes will not include such a total return feature or dividend component. The Notes are Subject to Currency Exchange Risk. The Notes are subject to currency exchange risk because the Reference Asset Constituents of the TOPIX are quoted and traded in one or more non-U.S. currencies. Neither the level of such index nor the value of the Notes will be adjusted for exchange rate fluctuations between the U.S. dollar and the currencies in which such Reference Asset Constituents are based. Therefore, if the applicable currencies appreciate or depreciate relative to the U.S. dollar over the term of the Notes, you will not receive any additional payment or incur any reduction in your return on the Notes. The Notes are Subject to Risks Associated with Non-U.S. Securities Markets. The value of the Notes is linked to the TOPIX and its Reference Asset Constituents, which are traded in one or more non-U.S. securities markets. Investments linked to the value of non-U.S. equity securities involve particular risks. Any non-U.S. securities market may be less liquid, more volatile and affected by global or domestic market developments in a different way than are the U.S. securities market or other non-U.S. securities markets. Both government intervention in a non-U.S. securities market, either directly or indirectly, and cross-shareholdings in non-U.S. companies, may affect trading prices and volumes in that market. Also, there is generally less publicly available information about non-U.S. companies than about those U.S. companies that are subject to the reporting requirements of the SEC. Further, non-U.S. companies are likely subject to accounting, auditing and financial reporting standards and requirements that differ from those applicable to U.S. reporting companies. The prices of securities in a non-U.S. country are subject to political, economic, financial and social factors that are unique to such non-U.S. country's geographical region. These factors include: recent changes, or the possibility of future changes, in the applicable non