Company: TDBCP
Filing Date: 2025-09-11
Form Type: 424B2
Source: 0001140361-25-034657
Chunk: 21

Company: TORONTO DOMINION BANK
Filing Date: 2025-09-11
Form: 424B2
Chunk 21
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 Russell 2000® 
         Index |
| Hypothetical starting level:                               |     100.00 |      100.00 |        100.00 |
| Hypothetical ending level:                                 |     145.00 |      135.00 |        125.00 |
| Hypothetical coupon threshold level:                       |      75.00 |       75.00 |         75.00 |
| Hypothetical downside threshold level:                     |      75.00 |       75.00 |         75.00 |
| Performance factor (ending leveldivided bystarting level): |    145.00% |     135.00% |       125.00% |

Step 1: Determine which Index is the lowest performing Index on the final calculation day. In this example, the Russell 2000 ®Index has the lowest performance factor and is, therefore, the lowest performing Index on the final calculation day. Step 2: Determine the maturity payment amount based on the ending level of the lowest performing Index on the final calculation day. Since the hypothetical ending level of the lowest performing Index on the final calculation day is greater than its hypothetical downside threshold level, the maturity payment amount would equal the face amount. Although the hypothetical ending level of the lowest performing Index on the final calculation day is significantly greater than its hypothetical starting level in this scenario, the maturity payment amount will not exceed the face amount. In addition to any contingent coupon payments received during the term of the securities, on the stated maturity date you would receive $1,000 per security. In addition, because the hypothetical ending level of the lowest performing Index on the final calculation day is greater than its coupon threshold level, you would receive a final contingent coupon payment on the stated maturity date.

P-18

Example 2. The ending level of the lowest performing Index on the final calculation day is less than its starting level but greater than its downside threshold level and its coupon threshold level, the maturity payment amount is equal to the face amount of your securities at maturity and you receive a final contingent coupon payment:

|                                                            | Nasdaq-100 
     Index® | Nikkei 225® 
       Index | Russell 2000® 
         Index |
| Hypothetical starting level:                               |     100.00 |      100.00 |        100.00 |
| Hypothetical ending level:                                 |      80.00 |      115.00 |