Company: TDBCP
Filing Date: 2025-12-02
Form Type: 424B2
Source: 0001140361-25-043980
Chunk: 22

Company: TORONTO DOMINION BANK
Filing Date: 2025-12-02
Form: 424B2
Chunk 22
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 For additional information on the calculation agent’s role, see “General Terms of the 
 Notes — Role of Calculation Agent” in the product supplement.                                                                                                                                                                                   |

| ■ | The observation period end-dates and related payment dates are subject to market disruption events and postponements.Each observation period end-date (including the final observation period                                                  
 end-date) and related payment date (including the maturity date) is subject to postponement due to the occurrence of one of more market disruption events. For a description of what constitutes a market disruption event as well as the      
 consequences of that market disruption event, see “General Terms of the Notes — Market Disruption Events” in the product supplement. A market disruption event for a particular underlying index will not constitute a market disruption event 
 for any other underlying index.                                                                                                                                                                                                                |

| ■ | Trading and business activities by TD or its affiliates may adversely affect the market value of, and any amounts payable on, the securities. We, the agent and/or our other affiliates may hedge our                                         
 obligations under the securities by purchasing securities, futures, options or other derivative instruments with returns linked or related to changes in the value of an underlying index or one or more index constituent stocks, and we may 
 adjust these hedges by, among other things, purchasing or selling at any time any of the foregoing assets. It is possible that we or one or more of our affiliates could receive substantial returns from these hedging activities while the  
 market value of the securities declines. We or one or more of our affiliates may also issue or underwrite other securities or financial or derivative instruments with returns linked or related to changes in an underlying index or one or  
 more index constituent stocks.                                                                                                                                                                                                                |

| November 2025 | Page14 |

| $13,221,000 Callable Contingent Income Securities with Daily Coupon Observation and 6-Month Initial Non-Call Period due December 3, 2029 |
| Based on the Worst Performing of the Nasdaq-100 Index®, the Russell 2000®Index and the S&P 500®Index                                     
 Principal at Risk Securities                                                                                                             |

These trading activities may present a conflict between the holders’ interest in the securities and the interests we and our affiliates will have in our or their proprietary accounts, in facilitating transactions, including options and other derivatives transactions, for our or their customers’ accounts and in accounts under our or their management. These trading activities could be adverse to the interests of the holders of the securities. We, the agent and/or our other affiliates may