Company: TDBCP
Filing Date: 2025-11-07
Form Type: 424B2
Source: 0001140361-25-041110
Chunk: 20

Company: TORONTO DOMINION BANK
Filing Date: 2025-11-07
Form: 424B2
Chunk 20
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: Various (allgreater than or equal toits Call Threshold Value)                 
 Reference Asset C: Various (allless thanits Call Threshold Value)                                |     |                                                          $0.00 |
| Final Valuation Date                           |     | Reference Asset A: 1,250.00 (less thanits Call Threshold Value and Barrier Value)                
 Reference Asset B: 7,650.00 (greater than or equal toits Call Threshold Value and Barrier Value) 
 Reference Asset C: $290.00 (greater than or equal toits Call Threshold Value and Barrier Value)  |     | = $1,000.00 + ($1,000.00 × Least Performing Percentage Change) 
                            = $1,000.00 + ($1,000.00 × –50.00%) 
                                = $500.00 (Payment at Maturity) |

Because the Closing Valueof at least one Reference Asset is less than itsCall Threshold Value on each Call Observation Date (including the Final Valuation Date) , the Notes will not be subject to an automatic call and the Final Value of at least one Reference Asset is less than its Barrier Value. In this scenario, we will pay you a cash payment per Note that is less than the Principal Amount, if anything, equal to the Principal Amount plus the product of the Principal Amount and the Least Performing Percentage Change on the Maturity Date, for a total of $500.00 per Note, a loss of 50.00% 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, you 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 your entire Principal Amount. Any payments on the Notes are subject to our credit risk.

| TD SECURITIES (USA) LLC | P-15 |

Information Regarding the Reference Assets All disclosures contained in this document regarding the Reference Assets, including, without limitation, their make-up, methods of calculation, and changes in any Reference Asset Constituents, have been derived from publicly available sources. We have not undertaken an independent review or due diligence of any publicly available information with respect to any Reference Asset. Such information reflects the policies of, and is subject to change by, its Index Sponsor or Investment Adviser, as applicable. The Index Sponsor or Investment Adviser, as applicable, owns the copyright and all other rights