Company: TDBCP
Filing Date: 2025-11-03
Form Type: 424B2
Source: 0001140361-25-040106
Chunk: 5

Company: TORONTO DOMINION BANK
Filing Date: 2025-11-03
Form: 424B2
Chunk 5
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 will be (i) the stated principal amountplus(ii) any contingent quarterly coupon otherwise payable with respect to the                                                                                                                                             
 final quarterly observation period.                                                                                                                                                                                                                                                           |                                                                                                                                                    |
| ◾ | Investors will not participate in any appreciation of the underlying indices from their respective initial index values and will not realize a return beyond the returns represented by the 
 contingent quarterly coupons received, if any, during the term of the securities.                                                                                                           |                                                                                                                                                                                                                                                                                               |                                                                                                                                                    |
|   | Scenario 3                                                                                                                                                                                  |                                                                                                                                                                                                                                                                                               | TD does not elect to redeem the securities prior to maturity and the final index value of any underlying index is less than its downside threshold 
 level and coupon threshold level.                                                                                                                  |
|   | ◾                                                                                                                                                                                           | The payment due at maturity will be equal to (i) the stated principal amountplus(ii) the stated principal amounttimesthe underlying return of the worst performing underlying index.                                                                                                          |                                                                                                                                                    |
| ◾ | Investors will lose a significant portion, and may lose all, of their investment in the securities in this scenario.                                                                        |                                                                                                                                                                                                                                                                                               |                                                                                                                                                    |

Investing in the securities involves significant risks. You may lose a significant portion, and may lose all, of your investment in the securities. Any payment on the securities, including payments in respect of an optional early redemption, contingent quarterly coupon or any repayment of principal provided at maturity, is dependent on TD’s ability to pay all amounts due on the securities and, therefore, investors are subject to the credit risk of TD. If TD becomes unable to meet its financial obligations as they become due, investors may not receive any amounts due under the terms of the securities. The securities will not pay a contingent quarterly coupon on a contingent coupon payment date (including the maturity date) if the index closing value of any underlying index on any trading day during the applicable quarterly observation period is less than its coupon threshold level. If TD does not elect to redeem the securities prior to maturity and the final index value of any underlying index is less than its downside threshold level, you will lose a significant portion, and may lose all, of your investment in the securities.

| October 2025 | Page4 |

| $3,210,000 Callable Contingent Income Securities with Daily Coupon Observation and 6-Month Initial Non-Call 
 Period due November 2, 2028                                                                                 |
| Based on the Worst Performing of the Nikkei 225®Index, the Russell 2000®Index and the S&P 500