Company: TDBCP
Filing Date: 2025-10-03
Form Type: 424B2
Source: 0001140361-25-037191
Chunk: 19

Company: TORONTO DOMINION BANK
Filing Date: 2025-10-03
Form: 424B2
Chunk 19
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 Asset is less than its Barrier Value.                                                                                          |

| Date             |     | Closing Values                                                                 |     |                                       Payment (per Note) |
| Call Observation 
 Date             |     | Reference Asset A: 22,000.00 (less thanits Call Threshold Value)               
 Reference Asset B: 2,700.00 (greater than or equal toits Call Threshold Value) 
 Reference Asset C: 5,300.00 (greater than or equal toits Call Threshold Value) |     |                                                       $0 |
| Final Valuation  
 Date             |     | Reference Asset A: 21,250.00 (greater thanits Barrier Value)                   
 Reference Asset B: 1,000.00 (less thanits Barrier Value)                       
 Reference Asset C: 6,600.00 (greater thanits Barrier Value)                    |     | = $1,000 + ($1,000 × Least Performing Percentage Change) 
                            = $1,000 + ($1,000 × –60.00%) 
               = $400.00 (Total Payment on Maturity Date) |

Because the Closing Valueof at least one Reference Asset is less than itsCall Threshold Value on the Call Observation Date , the Notes will not be automatically called. Because the Final Value of any Reference Asset is less than its Barrier Value, on the Maturity Date we will pay you a cash payment that is less than the Principal Amount, if anything, equal to the Principal Amount plus the product of the Principal Amount and the Least Performing Percentage Change, for a total of $400.00 per Note, a loss of 60.00% per Note. In this scenario, investors will suffer a percentage loss on their initial investment that is equal to the Least Performing Percentage Change. Specifically, investors will lose 1% of the Principal Amount of the Notes for each 1% that the Final Value of the Least Performing Reference Asset is less than its Initial Value, and may lose the entire Principal Amount. Any payment on the Notes are subject to our credit risk.

| TD SECURITIES (USA) LLC | P-13 |

The following table illustrates the hypothetical return profile for the Notes on the Maturity Date (assuming that the Notes are not automatically called), based on the hypothetical terms set forth above and assuming that the investor purchased the Notes at the public offering price and held the Notes until the Maturity Date. The returns and losses illustrated in the following table are not estimates or forecasts of the Percentage Change of the Least Performing Reference Asset or