Company: TDBCP
Filing Date: 2025-08-04
Form Type: 424B2
Source: 0001140361-25-028635
Chunk: 9

Company: TORONTO DOMINION BANK
Filing Date: 2025-08-04
Form: 424B2
Chunk 9
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 return on the Buffered PLUS in these two scenarios is significantly different despite only a small relative difference in the underlying return.                         |

| ■ | Your potential return on the Buffered PLUS is limited to the maximum gain.The return potential of the Buffered PLUS                                                                                                                             
 is limited to the maximum gain. Therefore, you will not benefit from any positive underlying return in excess of an amount that, when multiplied by the leverage factor, exceeds the maximum gain. Your return on the Buffered PLUS may be less 
 than that of a hypothetical direct investment in the underlying index or the index constituent stocks.                                                                                                                                          |

| ■ | You will not receive any interest payments.TD will not pay any interest with respect to the Buffered PLUS. |

| ■ | The amount payable on the Buffered PLUS is not linked                                                                                                                                                                                          
 to the value of the underlying index at any time other than the valuation date.The final index value will be based on the index closing value on the valuation date, subject to postponement for non-trading days and                          
 certain market disruption events. If the value of the underlying index falls on the valuation date, the payment at maturity may be significantly less than it would have been had the payment at maturity been linked to the value of the      
 underlying index at any time prior to such drop. Although the index closing value on the maturity date or at other times during the term of the Buffered PLUS may be more favorable to you than the index closing value on the valuation date, 
 the payment at maturity will be based solely on the index closing value on the valuation date.                                                                                                                                                 |

| ■ | Owning the Buffered PLUS is not the same as owning the index constituent stocks.The return on your Buffered PLUS may                                                                                                                             
 not reflect the return you would realize if you actually owned the index constituent stocks. For instance, you will not benefit from any positive underlying return in excess of an amount that, when multiplied by the leverage factor, exceeds 
 the maximum gain. Furthermore, you will not receive or be entitled to receive any dividend payments or other distributions paid on the index constituent stocks, and any such dividends or distributions will not be factored into the           
 calculation of the payment at maturity on your Buffered PLUS. In addition, as an owner of the Buffered PLUS, you will not have voting rights or any other rights that a holder of the index constituent stocks may have.                         |

| July 2025 | Page8 |

| $2,991,000 Dual Directional Buffered PLUS Based on the Value of the Russell 2000®Index due August 4,