Company: TDBCP
Filing Date: 2025-05-05
Form Type: 424B2
Source: 0001140361-25-017254
Chunk: 12

Company: TORONTO DOMINION BANK
Filing Date: 2025-05-05
Form: 424B2
Chunk 12
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1 and as further amended and partially superseded by an executive order issued in June 2021 (collectively, the “Executive Order”), U.S. persons are prohibited from engaging in transactions in publicly traded securities of certain companies that are determined to be linked to the People’s Republic of China (the “PRC”) military, intelligence and security apparatus. The prohibition also covers any securities that are derivative of, or are designed to provide investment exposure to, such securities. If the issuer of any of the component securities of the FTSE ®China 50 Index is in the future designated as such a prohibited company, the value of such company may be adversely affected, perhaps significantly, which would adversely affect the performance of the FTSE ®China 50 Index. In addition, under these circumstances, FTSE Russell has publicly indicated that they expect to remove the securities of any such prohibited company from the FTSE ®China 50 Index. Any changes to the composition of the FTSE ®China 50 Index in response to the Executive Order could adversely affect the performance of the FTSE ®China 50 Index and, therefore, the market value of, and return on, the notes. It is impossible to predict whether the securities of any particular company will become subject to the Executive Order or any similar executive action or other legal restrictions. There is also no assurance that FTSE Russell would ultimately remove prohibited securities from the FTSE ®China 50 Index. Although neither TD nor BofAS believe the notes to be subject to the Executive Order at this time, it is possible that the Executive Order could be expanded or modified such that holding the notes or engaging in transactions relating to the notes could become restricted or prohibited. Any such restrictions or prohibitions may also cause the value of the notes to be materially and adversely affected. You may suffer significant losses if you are forced to sell the notes prior to scheduled maturity or if you wish to sell the notes prior to scheduled maturity and are prohibited by law from doing so. Other Terms of the Notes Market Measure Business Day The following definition shall supersedeand replace the definition of a “Market Measure Business Day” set forth in product supplement EQUITY LIRN-1: A “Market Measure Business Day” means a day on which:

| (A) | each of the Eurex (as to the EURO STOXX 50®Index), the London Stock Exchange (as to the FTSE®100 Index), the Tokyo Stock Exchange (as to the Nikkei Stock Average Index), the SIX Swiss Exchange