Company: TDBCP
Filing Date: 2025-07-29
Form Type: 424B2
Source: 0001140361-25-027726
Chunk: 18

Company: TORONTO DOMINION BANK
Filing Date: 2025-07-29
Form: 424B2
Chunk 18
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 read carefully the section entitled “Material U.S.
    Federal Income Tax Consequences” herein and in the product supplement.

For a discussion of the Canadian federal income tax consequences of investing in the Notes, please see the discussion in the prospectus under “Tax Consequences — Canadian Taxation” and in the product
    supplement under “Supplemental Discussion of Canadian Tax Consequences” and the further discussion herein under “Summary”.

If you are not a Non-resident Holder (as that term is defined in the prospectus) for Canadian federal income tax purposes or if you acquire the Notes in the secondary market, you should consult your tax
    advisors as to the consequences of acquiring, holding and disposing of the Notes and receiving the payments that might be due under the Notes.**

#### General Risk Factors
**We May Sell an Additional Aggregate Principal Amount of the Notes at a Different Public Offering Price.

At our sole option, we may decide to sell an additional aggregate Principal Amount of the Notes subsequent to the date of this pricing supplement. The public offering price of the Notes in the subsequent
    sale may differ substantially (higher or lower) from the original public offering price you paid as provided on the cover of this pricing supplement**

| TD SECURITIES (USA) LLC | P-11 |

Hypothetical Returns

The following examples set out below are included for illustration purposes only. They should not be taken as an indication or prediction of future investment results and merely are intended to
    illustrate the impact that the various hypothetical prices of the Reference Asset on any Observation Date (including the Final Valuation Date) could have on the return on the Notes assuming all other variables remain constant.

The examples below are based on a range of Closing Prices that are entirely hypothetical; the Closing Price of the Reference Asset on any day throughout the term of the Notes, including on any
    Observation Date, or the Final Price on the Final Valuation Date, cannot be predicted. The Reference Asset has been highly volatile in the past — meaning that the price of the Reference Asset has changed considerably in relatively short periods — and
    its performance cannot be predicted for any future period.

The information in the following examples reflects hypothetical rates of return on the Notes assuming that they are purchased on the Issue Date at the Principal Amount and held to the
    Maturity Date. If you sell your Notes in a secondary market prior to the Maturity Date, your return will depend upon the market value of your Notes at the time of sale, which may be affected by a