Company: TDBCP
Filing Date: 2025-03-19
Form Type: 424B2
Source: 0001140361-25-009412
Chunk: 17

Company: TORONTO DOMINION BANK
Filing Date: 2025-03-19
Form: 424B2
Chunk 17
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.8494% per Note.

| TD SECURITIES (USA) LLC | P-12 |

| Example 3 — | TD Does Not Elect to Call the Notes Prior to Maturity and the Final Value of the Least Performing Reference Asset is Less Than its Barrier Value. |

| Date                               |     | Closing Values                                                          |     |                            Payment (per Note) |
| First through Seventeenth Interest 
 Payment Date                       |     | Reference Asset A: Various (allless thanits Barrier Value)              
 Reference Asset B: Various (allless thanits Barrier Value)              |     |                                      $111.911 |
| Final Valuation Date               |     | Reference Asset A: 7,600.00 (less thanits Barrier Value)                
 Reference Asset B: 4,000.00 (greater than or equal toits Barrier Value) |     | = $1,000.00 + ($1,000.00 × Percentage Change) 
           = $1,000.00 + ($1,000.00 × –60.00%) 
                                     = $400.00 
                                     +  $6.583 
     $406.583 (Total Payment on Maturity Date) |
|                                    |     | Total Payment:                                                          |     |                      $518.494 (48.1506% loss) |

Because TD does not elect to call the Notes prior to maturity and the Closing Valueof at least one Reference Asset on the Final Valuation Date is less than its Barrier Value, on the Maturity Date, we will pay you a cash payment that is less than the Principal Amount, if anything, equal to $406.583 per Note, reflecting the applicable Interest Payment plus the sum of the Principal Amount plus the product of the Principal Amount and the Least Performing Percentage Change. When added to the Interest Payments of $111.911 paid in respect of the prior Interest Payment Dates, TD will have paid you a total of $518.494 per Note, a loss of 48.1506% per Note. In this scenario, investors will suffer a percentage loss on their initial investment that is equal to the Least Performing Percentage Change. Specifically, investors will lose 1% of the Principal Amount of the Notes for each 1% that the Final Value of the Least Performing Reference Asset is less than its Initial Value, and may lose the entire Principal Amount. Any payments on the Notes are subject to our credit risk.

| TD SECURITIES (USA) LLC | P-13 |

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