Company: TDBCP
Filing Date: 2025-11-04
Form Type: 424B2
Source: 0001140361-25-040290
Chunk: 21

Company: TORONTO DOMINION BANK
Filing Date: 2025-11-04
Form: 424B2
Chunk 21
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 |     $100.00 |
| Hypothetical ending price:                                 |     $120.00 |        $45.00 |        $90.00 |     $140.00 |
| Hypothetical coupon threshold price:                       |      $60.00 |        $60.00 |        $60.00 |      $60.00 |
| Hypothetical downside threshold price:                     |      $60.00 |        $60.00 |        $60.00 |      $60.00 |
| Performance factor (ending pricedivided bystarting price): |     120.00% |        45.00% |        90.00% |     140.00% |

Step 1: Determine which Underlying Stock is the lowest performing Underlying Stock on the final calculation day. In this example, the common stock of Broadcom Inc. has the lowest performance factor and is, therefore, the lowest performing Underlying Stock on the final calculation day. Step 2: Determine the maturity payment amount based on the ending price of the lowest performing Underlying Stock on the final calculation day. Since the hypothetical ending price of the lowest performing Underlying Stock on the final calculation day is less than its hypothetical starting price by more than 40%, you would lose a portion of the face amount of your securities and receive the maturity payment amount equal to $450.00 per security, calculated as follows: = $1,000 × performance factor of the lowest performing Underlying Stock on the final calculation day = $1,000 × 45.00% = $450.00 In addition to any contingent coupon payments received during the term of the securities, on the stated maturity date you would receive $450.00 per security. Because the hypothetical ending price of the lowest performing Underlying Stock on the final calculation day is less than its coupon threshold price, you would not receive a final contingent coupon payment on the stated maturity date or any previously unpaid contingent coupon payment(s). These examples illustrate that you will not participate in any appreciation of any Underlying Stock, but will be fully exposed to a decrease in the lowest performing Underlying Stock if the ending price of the lowest performing Underlying Stock on the final calculation day is less than its downside threshold price, even if the ending price of another Underlying Stock has appreciated or has not declined below its downside threshold price. To the extent that the starting price, coupon threshold price, downside threshold price and ending price of the lowest performing Underlying Stock differ from the