Company: TDBCP
Filing Date: 2025-08-19
Form Type: 424B2
Source: 0001140361-25-031886
Chunk: 12

Company: TORONTO DOMINION BANK
Filing Date: 2025-08-19
Form: 424B2
Chunk 12
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 some and up to 90.00% of your investment in the Buffered PLUS.                                                                                                |

| ■ | The underlying index reflects price return, not total return.The return on the Buffered 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 
 Buffered 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 Buffered 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 Buffered 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 index sponsor. However, we and our affiliates are not affiliated with the index sponsor and have no ability to control or predict its actions. You, as an investor in the Buffered PLUS, should conduct your own independent 
 investigation of the index sponsor and the underlying index. The index sponsor is not involved in the Buffered PLUS offered hereby in any way and has no obligation of any sort with respect to your Buffered PLUS. The index sponsor has no   
 obligation to take your interests into consideration for any reason, including when taking any actions that might affect the value of, and any amounts payable on, your Buffered PLUS.                                                         |

Risks Relating to Estimated Value and Liquidity

| ◾ | The estimated value of your Buffered PLUS is less than the public offering price of your Buffered PLUS.The estimated value of your Buffered PLUS is less than the public offering price of your                                              
 Buffered PLUS. The