Company: TDBCP
Filing Date: 2025-09-03
Form Type: 424B2
Source: 0001140361-25-033680
Chunk: 4

Company: TORONTO DOMINION BANK
Filing Date: 2025-09-03
Form: 424B2
Chunk 4
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 the ending price of the lowest performing Fund may decrease from its starting price by more than the buffer amount; |

| ■ | require full payment of the face amount of the securities at stated maturity; |

| ■ | are unwilling to purchase securities with an estimated value as of the pricing date that is lower than the original offering price; |

| ■ | seek current income over the term of the securities; |

| ■ | seek exposure to a basket composed of each Fund or a similar investment in which the overall return is based on a blend of the performances of the Funds, rather than solely on the lowest performing Fund |

| ■ | are unwilling to accept the risk of exposure to the Funds; |

| ■ | seek exposure to the Funds but are unwilling to accept the risk/return trade-offs inherent in the maturity payment amount for the securities; |

| ■ | are unwilling to accept the credit risk of the Bank; or |

| ■ | prefer the lower risk of conventional fixed income investments with comparable maturities issued by companies with comparable credit ratings. |

The considerations identified above are not exhaustive. Whether or not the securities are anappropriate investment for you will depend on your individual circumstances, and you should reach an investment decision only after you and your investment, legal, tax, accounting and other advisors have carefully considered theappropriateness of an investment in the securities in light of your particular circumstances. You should also review carefully the “Selected Risk Considerations” herein and the “Risk Factors” in the accompanying product supplement for risks related to an investment in the securities. For more information about the Funds, please see the section titled “Information Regardingthe Market Measures ” below.

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| Determining Payment at Stated Maturity |

On the stated maturity date, you will receive a cash payment per security (the maturity payment amount) calculated as follows: securities have not been automatically called then, at maturity, you will receive a cash payment per security (the maturity payment amount) calculated as follows:

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| Selected Risk Considerations |

The securities have complex features and investing in the securities will involve risks not associated with an investment in conventional debt securities. Some of the risks that apply to an investment in the securities are summarized below, but we urge you to read the more detailed explanation of the risks relating to the securities generally in the “Risk Factors” section of the accompanying product supplement. You should reach an investment decision only after you have carefully considered with your advisors the appropriateness of an investment in the securities in light of your particular circumstances