Company: TDBCP
Filing Date: 2025-09-30
Form Type: 424B2
Source: 0001140361-25-036758
Chunk: 11

Company: TORONTO DOMINION BANK
Filing Date: 2025-09-30
Form: 424B2
Chunk 11
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ingent Income Auto-Callable Securities with 6-Month Initial Non-Call Period due September 29, 2028 |
| Based on the Worst Performing of the Nasdaq-100 Index®, the Russell 2000®Index and the S&P 500®Index               
 Principal at Risk Securities                                                                                       |

Risk Factors The securities involve risks not associated with an investment in conventional debt securities. This section describes the most significant risks relating to the terms of the securities. For additional information as to these and other risks, please see “Additional Risk Factors Specific to the Notes” in the product supplement and “Risk Factors” in the prospectus. Investors should consult their investment, legal, tax, accounting and other advisors as to the risks entailed by an investment in the securities and the suitability of the securities in light of their particular circumstances. Risks Relating to Return Characteristics

| ◾ | Risk of significant loss at maturity.The securities differ from ordinary debt securities in that TD will not necessarily repay the stated principal amount of the securities at maturity. If the                                                                          
 securities are not redeemed prior to maturity, TD will repay you the stated principal amount of your securities in cash only if the final index values ofallof the underlying indices are greater                                                                         
 than or equal to their respective downside threshold levels and will only make such payment at maturity. If the securities are not redeemed prior to maturity and the final index value of any underlying index is less than its downside                                 
 threshold level, you will receive a cash payment per security that will be less than the stated principal amount and you will be exposed on a 1-to-1 basis to the decline of the worst performing underlying index.You may lose your entire investment in the securities. |

| ◾ | Contingent repayment of stated principal amount only at maturity.If your securities are not redeemed prior to maturity, you should be willing to hold your securities to maturity. If you are able                                     
 to sell your securities prior to maturity in the secondary market, you may have to sell them at a loss relative to your investment even if the then-current levels of all of the underlying indices are greater than or equal to their 
 respective downside threshold levels.                                                                                                                                                                                                  |

| ◾ | You may not receive any contingent quarterly coupons.TD will not necessarily make periodic payments on the securities. If the index closing value ofanyof                                                                                        
 the underlying indices on any determination date is less than its coupon threshold level, TD will not pay you the contingent quarterly coupon applicable to such determination date. If the index closing value of