Company: TDBCP
Filing Date: 2025-09-16
Form Type: 424B2
Source: 0001140361-25-035084
Chunk: 10

Company: TORONTO DOMINION BANK
Filing Date: 2025-09-16
Form: 424B2
Chunk 10
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 market factors, such as general stock 
 market or commodity market volatility and values, interest rates and economic, political and other conditions. You, as an investor in the PLUS, should make your own investigation into the underlying index and the index constituent stocks.       |

| September 2025 | Page7 |

| ■ | There can be no assurance that the investment view implicit in the PLUS will be successful.It is impossible to predict whether and the extent to which the value of the underlying index will rise or                                                
 fall and there can be no assurance that the underlying return will be positive. The final index value (and therefore the underlying return) will be influenced by complex and interrelated political, economic, financial and other factors that     
 affect the index constituent stock issuers. You should be willing to accept the risks associated with the relevant markets tracked by the underlying index in general and each index constituent stock in particular, and the risk of losing some or 
 all of your investment in the PLUS.                                                                                                                                                                                                                  |

| ◾ | The underlying index reflects price return, not total return.The return on the PLUS is based on the performance of the underlying index, which reflects the changes in the market prices of the index                                              
 constituent stocks. It is not, however, linked to a “total return” index or strategy, which, in addition to reflecting those price returns, would also reflect any dividends paid on the index constituent stocks. The return on the PLUS will not 
 include such a total return feature or dividend component.                                                                                                                                                                                         |

| ◾ | Changes affecting the underlying index could have an adverse effect on the market value of, and any amount payable on, the PLUS.The policies of the index sponsor as specified under “Information About                                            
 the Underlying Index” (the “index sponsor”), concerning additions, deletions and substitutions of the index constituent stocks and the manner in which the index sponsor takes account of certain changes affecting those index constituent stocks 
 may adversely affect the value of the underlying index. The policies of the index sponsor with respect to the calculation of the underlying index could also adversely affect the value of the underlying index. The index sponsor may discontinue 
 or suspend calculation or dissemination of the underlying index. Any such actions could have an adverse effect on the market value of, and any amount payable on, the PLUS.                                                                        |

| ◾ | There is no affiliation between the index sponsor and TD, and TD is not responsible for any disclosure by such index sponsor.We or our affiliates may currently, or from time to time engage in business                                          
 with the