Company: TDBCP
Filing Date: 2025-06-09
Form Type: 424B2
Source: 0001140361-25-021886
Chunk: 5

Company: TORONTO DOMINION BANK
Filing Date: 2025-06-09
Form: 424B2
Chunk 5
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ailed by an investment in the Notes and the suitability of the Notes in light of their particular circumstances. Risks Relating to Return Characteristics Principal at Risk. You will lose some or all of your entire Principal Amount if the Final Level of the Reference Asset is less than the Initial Level. If the Final Level is less than the Initial Level by up to 20.00%, you will lose 1% of the Principal Amount of your Notes for every 1% that the Final Level is less than the Initial Level, up to a loss of 5% of the Principal Amount of your Notes. Further, in addition to the loss of 5% of the Principal Amount of your Notes, if the Final Level is less than the Initial Level by more than 20.00% you will lose an additional 1.1875% of the Principal Amount of your Notes for every 1% that the Final Level has declined below 80.00% of the Initial Level, and you may lose your entire Principal Amount. The Notes Do Not Pay Interest and Your Return on the Notes May Be Less Than the Return on Conventional Debt Securities of Comparable Maturity. There will be no periodic interest payments on the Notes as there would be on a conventional fixed-rate or floating-rate debt security having the same term. The return that you will receive on the Notes, which could be negative, may be less than the return you could earn on other investments. Even if your return is positive, your return may be less than the return you would earn if you bought a conventional senior interest bearing debt security of TD. Your Potential Return on the Notes Is Limited by the Maximum Payment Amount and May Be Less Than the Return on a Direct Investment In the Reference Asset. The opportunity to participate in the possible increases in the level of the Reference Asset through an investment in the Notes will be limited because the Payment at Maturity will not exceed the Maximum Payment Amount. Accordingly, your return on the Notes may be less than your return would be if you made an investment in a security directly linked to the performance of the Reference Asset. The Payment at Maturity Is Not Linked to the Level of the Reference Asset at Any Time Other than the Valuation Date. The Final Level will be the Closing Level of the Reference Asset on the Valuation Date (subject to adjustment as described elsewhere in this pricing supplement). Therefore, if the Closing Level of the Reference Asset dropped precipitously on the Valuation Date, the Payment at Maturity for your Notes may be significantly less than it would have