Company: TDBCP
Filing Date: 2025-01-28
Form Type: 424B2
Source: 0001140361-25-002222
Chunk: 20

Company: TORONTO DOMINION BANK
Filing Date: 2025-01-28
Form: 424B2
Chunk 20
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 further amounts will be owed under the Notes. Example 3 — The Closing Value of at Least One Reference Asset is Less Than its Call Threshold Value on Each Call Observation Date (including the Final Valuation Date), the Notes are NOT Automatically Called and the Final Value of Each Reference Asset is Greater Than or Equal to its Barrier Value.

| Date                                       |     | Closing Values                                                                   |     | Payment (per Note) |
| First through Second Call Observation Date |     | Reference Asset A: Various (allgreater than or equal toits Call Threshold Value) 
 Reference Asset B: Various (allless thanits Call Threshold Value)                
 Reference Asset C: Various (allgreater than or equal toits Call Threshold Value) |     |              $0.00 |

| TD SECURITIES (USA) LLC | P-14 |

| Final Valuation Date |     | Reference Asset A: $100.00 (greater than or equal toits Call Threshold Value and Barrier Value)         
 Reference Asset B: $42.00 (less thanits Call Threshold Value;greater than or equal toits Barrier Value) 
 Reference Asset C: $85.00 (greater than or equal toits Call Threshold Value and Barrier Value)          |     | $1,000.00 (Total Payment on Maturity Date) |
|                      |     | Total Payment:                                                                                          |     | $1,000.00 (0.00% total return)             |

Because the Closing Value of at least one Reference Asset is less than its Call Threshold Value on each Call Observation Date (including the Final Valuation Date), the Notes will not be automatically called. Because the Final Value of each Reference Asset is greater than or equal to its Barrier Value, on the Maturity Date we will pay you a cash payment equal to $1,000.00 per Note, reflecting your Principal Amount, for a total return of 0.00% on the Notes. Example 4 — The Closing Value of at Least One Reference Asset is Less Than its Call Threshold Value on Each Call Observation Date (including the Final Valuation Date), the Notes are NOT Automatically Called and the Final Value of At Least One Reference Asset is Less Than its Barrier Value.

| Date                                       |     | Closing Values                                                                                 |     |                                       Payment (per Note) |
| First through Second Call Observation Date |     | Reference Asset A: Various (allgreater than or equal toits Call Threshold Value)               
 Reference Asset B: Various (allless thanits Call Threshold Value)                              
 Reference Asset