Company: TDBCP
Filing Date: 2025-07-16
Form Type: 424B2
Source: 0001140361-25-025992
Chunk: 16

Company: TORONTO DOMINION BANK
Filing Date: 2025-07-16
Form: 424B2
Chunk 16
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 a comparatively greater extent than the after-tax return on the Reference Asset. P-13 Hypothetical Payment on the Call Payment Date If your Notes are automatically called on the Call Valuation Date(i.e., on the Call Valuation Date the Closing Price of the Reference Asset is greater than or equal to the Call Threshold Price), the amount that we would pay for each $1,000 Principal Amount of your Notes on the Call Payment Date would be equal to the sumof (i) $1,000 plus(ii) the product of$1,000 timesthe Call Premium Percentage. If, for example, the Closing Price of the Reference Asset on the Call Valuation Date were determined to be 130.000% of the Initial Price, your Notes would be automatically called and the amount that we would pay on your Notes on the Call Payment Date would be 112.100% of the Principal Amount of your Notes or $1,121.00 for each $1,000 Principal Amount of your Notes. Hypothetical Payment at Maturity If the Notes are not automatically called prior to the Final Valuation Date(i.e., on the Call Valuation Date the Closing Price of the Reference Asset is less than the Call Threshold Price), the amount we would pay for each $1,000 Principal Amount of your Notes on the Maturity Date will depend on the performance of the Reference Asset on the Final Valuation Date, as shown in the table below. The table below assumes that the Notes have notbeen automatically called on the Call Valuation Dateand reflects hypothetical amounts that you could receive on the Maturity Date. The prices in the left column of the table below represent hypothetical Final Prices and are expressed as percentages of the Initial Price. The amounts in the right column represent the hypothetical Payment at Maturity, based on the corresponding hypothetical Final Price, and are expressed as percentages of the Principal Amount of a Note (rounded to the nearest thousandth of a percent). Thus, a hypothetical Payment at Maturity of 100.000% means that the value of the cash payment that we would pay for each $1,000 of the outstanding Principal Amount of the offered Notes on the Maturity Date would equal 100.000% of the Principal Amount of a Note, based on the corresponding hypothetical Final Price and the assumptions noted above.

| The Notes HaveNotBeen Automatically Called |                                         |
| Hypothetical Final Price on the Final      
 Valuation Date                             
 (as Percentage of Initial Price)           | Hypothetical Payment at Maturity if the