Company: TDBCP
Filing Date: 2025-08-28
Form Type: 424B2
Source: 0001140361-25-033193
Chunk: 4

Company: TORONTO DOMINION BANK
Filing Date: 2025-08-28
Form: 424B2
Chunk 4
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 the Agents may initially buy or sell the securities in the secondary market, if any, may exceed our estimated value on the pricing date for a temporary period expected to be approximately three months after the issue date because, in our discretion, we may elect to effectively reimburse to investors a portion of the estimated cost of hedging our obligations under the securities and other costs in connection with the securities which we will no longer expect to incur over the term of the securities. We made such discretionary election and determined this temporary reimbursement period on the basis of a number of factors, including the tenor of the securities and any agreement we may have with the distributors of the securities. The amount of our estimated costs which we effectively reimburse to investors in this way may not be allocated ratably throughout the reimbursement period, and we may discontinue such reimbursement at any time or revise the duration of the reimbursement period after the issue date of the securities based on changes in market conditions and other factors that cannot be predicted. We urge you to read the “Selected Risk Considerations” in this pricing supplement. P-6 Market Linked Securities—Auto-Callable with Contingent Coupon and Contingent Downside Principal at Risk Securities Linked to the Lowest Performing of the common stock of Advanced Micro Devices, Inc., the common stock of Broadcom Inc., the common stock of CrowdStrike Holdings, Inc. and the common stock of Meta Platforms, Inc. due September 16, 2027

| Investor Considerations |

The securities are not appropriate for all investors. The securities may be an appropriate investment for investors who:

| ■ | seek an investment with contingent coupon payments at a rate of at least 25.60% per annum (to be determined on the pricing date) until the earlier of stated maturity or automatic call, if,and only if, 
 the stock closing price of the lowest performing Underlying Stock on the applicable calculation day is greater than or equal to 65% of its starting price;                                               |

| ■ | understand that if the ending price of the lowest performing Underlying Stock on the final calculation day has declined by more than 35% from its starting price, they will be fully exposed to the decline in the lowest performing 
 Underlying Stock from its starting price and will lose more than 35%, and possibly all, of the face amount at stated maturity;                                                                                                       |

| ■ | are willing to accept the risk that they may receive few or no contingent coupon payments over the term of the securities; |

| ■ | understand that the securities may be automatically called prior