Company: TDBCP
Filing Date: 2025-04-28
Form Type: 424B2
Source: 0001140361-25-016068
Chunk: 1

Company: TORONTO DOMINION BANK
Filing Date: 2025-04-28
Form: 424B2
Chunk 1
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 Price of the Market Measure multiplied by the Price Multiplier on each calculation day occurring during the 
 Maturity Valuation Period. The scheduled calculation days are subject to postponement in the event of Market Disruption Events, as described beginning on page PS-25 of product supplement EQUITY ARN-1. |
| Price Multiplier:  |     |                                                                   1, subject to adjustment for certain corporate events relating to the Underlying Fund, as described beginning on page PS-28 of product 
                                                                                                                                                                                 supplement EQUITY ARN-1. |
| Participation      
 Rate:              |     |                                                                                                                                                                                                  300.00% |
| Capped Value:      |     |                                                                                                                         $11.491 per unit, which represents a return of 14.91% over the principal amount. |
| Maturity Valuation 
 Period:            |     |                                                                                                                             June 16, 2026, June 17, 2026, June 18, 2026, June 22, 2026 and June 23, 2026 |
| Fees and           
 Charges:           |     |                                                                      The underwriting discount of $0.175 per unit listed on the cover page and the hedging related charge of $0.05 per unit described in 
                                                                                                                                                                   “Structuring the Notes” on page TS-12. |
| Calculation        
 Agents:            |     |                                                                                                                                                  BofA Securities, Inc. (“BofAS”) and TD, acting jointly. |

Redemption Amount Determination On the maturity date, you will receive a cash payment per unit determined as follows:

| Accelerated Return Notes® | TS-2 |

The terms and risks of the notes are contained in this term sheet and in the following:

| ■ | Product supplement EQUITY ARN-1 dated March 3, 2025:http://www.sec.gov/Archives/edgar/data/947263/000114036125006811/ef20044441_424b3.htm |

| ■ | Prospectus dated February 26, 2025:http://www.sec.gov/Archives/edgar/data/947263/000119312525036639/d931193d424b5.htm |

These documents, including this term sheet (together, the “Note Prospectus”), have been filed as part of a registration statement with the SEC and may, without cost, be accessed on the SEC website as indicated above or obtained from Merrill Lynch, Pierce, Fenner & Smith Incorporated (“