Company: TDBCP
Filing Date: 2025-08-04
Form Type: 424B2
Source: 0001140361-25-028635
Chunk: 6

Company: TORONTO DOMINION BANK
Filing Date: 2025-08-04
Form: 424B2
Chunk 6
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 willing to accept the risks associated with the underlying index |

| ■ | You are not willing to assume the credit risk of TD for all payments under the Buffered PLUS, including any repayment of principal |

| July 2025 | Page5 |

| $2,991,000 Dual Directional Buffered PLUS Based on the Value of the Russell 2000®Index due August 4, 2027 
 Buffered Performance Leveraged Upside SecuritiesSM                                                        
 Principal at Risk Securities                                                                              |

How the Dual Directional Buffered PLUS Work Hypothetical Examples The below examples are based on the following terms and are purely hypothetical (the actual terms of your Buffered PLUS are specified on the cover hereof). Investors will not be entitled to receive any dividends paid with respect to the index constituent stocks or any periodic interest. You should carefully consider whether an investment that does not provide for any dividends or periodic interest is appropriate for you. All payments on the Buffered PLUS are subject to our credit risk.

| Stated principal amount:          |                     $1,000.00 per Buffered PLUS |
| Leverage factor:                  |                                            150% |
| Buffer amount:                    |                                          15.00% |
| Hypothetical initial index value: |                                          100.00 |
| Maximum payment at maturity:      |                     $1,184.50 per Buffered PLUS |
| Maximum gain:                     |                                          18.45% |
| Minimum payment at maturity:      | $150.00 (15.00% of the stated principal amount) |

EXAMPLE 1: The value of the underlying index increases over the term of the Buffered PLUS.

| Final index value   |                                                                            103.00 |
| Underlying return   |                                                (103.00 – 100.00) / 100.00 = 3.00% |
| Payment at maturity | = $1,000.00 + leveraged upside payment,subject to the maximum payment at maturity |
|                     |    = $1,000.00 + ($1,000.00 × leverage factor × underlying return),subject to the 
                                                       maximum payment at maturity |
|                     |        = $1,000.00 + ($1,000.00 × 150% × 3.00%),subject to the maximum payment at 
                                                                          maturity |
|                     |                                                                       = $1,045.00 |

In Example 1, the final index value is greater than the initial index value and the underlying return is 3.00%. Accordingly, investors receive the