Company: TDBCP
Filing Date: 2025-09-29
Form Type: 424B2
Source: 0001140361-25-036529
Chunk: 7

Company: TORONTO DOMINION BANK
Filing Date: 2025-09-29
Form: 424B2
Chunk 7
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 Value by more than 10.00% will result in a loss, rather than a positive return, 
 on the notes. In contrast, for example, a short position in the Basket Components (or the stocks included in the Basket Components) would allow you to receive the full benefit of any decrease in the level of the Basket Components (or the   
 stocks included in the Basket Components).                                                                                                                                                                                                      |

| ■ | Your return on the notes may be less than the yield you could earn by owning a conventional fixed or floating rate debt security of comparable maturity |

Market Measure-Related Risks

| ■ | Changes in the level of one or more of the Basket Components may be offset by changes in the levels of one or more of the other Basket Components. Due to the different initial Component Weights (as defined in “The Basket” section below), 
 changes in the levels of some Basket Components will have a more substantial impact on the value of the Basket than similar changes in the levels of the other Basket Components.                                                             |

| ■ | An Index sponsor (as defined below) may adjust the relevant Basket Component in a way that may adversely affect its level and your interests, and has no obligation to consider your interests. |

| ■ | You will have no rights of a holder of the securities included in the Basket Components and you will not be entitled to receive securities or dividends or other distributions by the issuers of the securities included in the Basket 
 Components.                                                                                                                                                                                                                            |

| ■ | While we, MLPF&S, BofAS, or our or their respective affiliates may from time to time own securities of companies included in the Basket Components, none of us, MLPF&S, BofAS, or our or their respective affiliates control any 
 company included in the Basket Components, and have not verified any disclosure made by any such company.                                                                                                                        |

| ■ | Your return on the notes may be affected by factors affecting the international securities markets, specifically changes in the countries represented by the Basket Components. In addition, you will not obtain the benefit of any increase     
 in the value of the currencies in which the securities in the Basket Components trade against the U.S. dollar which you would have received if you had owned the securities in the Basket Components during the term of your notes, although the 
 value of the Basket may be adversely affected by the general exchange rate movements in the market.                                                                                                                                              |

Valuation and Market-Related Risks

| ■ | The initial estimated value of your notes on the pricing date is less than their public