Company: TDBCP
Filing Date: 2025-07-18
Form Type: 424B2
Source: 0001140361-25-026353
Chunk: 18

Company: TORONTO DOMINION BANK
Filing Date: 2025-07-18
Form: 424B2
Chunk 18
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 the holder and one or more options entered into between the holder and us (with one or more implicit option premiums paid over time). The discussion in this paragraph does not modify or affect the terms of the Notes or the U.S. federal income tax treatment of the Notes, as described elsewhere in this pricing supplement.

| We cannot predict the actual Closing Price of the Reference Asset on the Call Valuation Date, the Final Price on the Final Valuation Date or                                                                                                  
 what the market value of your Notes will be on any particular Trading Day, nor can we predict the relationship between the priceof the Reference Asset and the market value of your Notes at any                                              
 time prior to the Maturity Date. The actual amount that you will receive, if any, on the Call Payment Date or the Maturity Date and the rate of return on the offered Notes will depend on whether the Notes are automatically called and the 
 actual Closing Price or Final Price, as applicable, which will be determined by the Calculation Agent as described above. Moreover, the assumptions on which the hypothetical returns are based may turn out to be inaccurate. Consequently,  
 the amount of cash to be paid in respect of your Notes, if any, on the Call Payment Date or the Maturity Date may be very different from the information reflected in the examples above.                                                     |

P-15 Information Regarding the Reference Asset The Reference Asset is registered with the SEC. Companies with securities registered with the SEC are required to file periodically certain financial and other information specified by the SEC. Information provided to or filed with the SEC can be inspected and copied at the public reference facilities maintained by the SEC or through the SEC’s website at www.sec.gov. In addition, information regarding the Reference Asset may be obtained from other sources including, but not limited to, press releases, newspaper articles and other publicly disseminated documents or any document incorporated herein by reference. We have derived all information contained herein regarding the Reference Asset from publicly available information. Information from outside sources is not incorporated by reference in, and should not be considered part of, this document or any document incorporated herein by reference. TD has not undertaken an independent review or due diligence of any publicly available information regarding the Reference Asset. The Closing Price for the Reference Asset may be adjusted by Bloomberg Professional ®(“Bloomberg”) for corporate actions such as stock splits, public offerings, mergers and acquisitions, spin-offs, delistings and bankruptcy. The graph below sets forth the information relating to the historical performance of the Reference Asset for the period specified. We obtained the