Company: TDBCP
Filing Date: 2025-09-05
Form Type: 424B2
Source: 0001140361-25-034165
Chunk: 15

Company: TORONTO DOMINION BANK
Filing Date: 2025-09-05
Form: 424B2
Chunk 15
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 in the Notes, please see the discussion in the prospectus under “Tax Consequences — Canadian Taxation” and in the product supplement under “Supplemental Discussion of Canadian Tax Consequences” and the further discussion herein under “Summary”. If you are not a Non-resident Holder (as that term is defined in the prospectus) for Canadian federal income tax purposes or if you acquire the Notes in the secondary market, you should consult your tax advisors as to the consequences of acquiring, holding and disposing of the Notes and receiving the payments that might be due under the Notes.

| TD SECURITIES (USA) LLC | P-11 |

Hypothetical Returns The examples and table set out below are included for illustration purposes only and are hypothetical examples only; amounts below may have been rounded for ease of analysis. The hypothetical Percentage Changes of the Reference Asset used to illustrate the calculation of the Payment at Maturity are not estimates or forecasts of the performance of the Reference Asset or the value of the Reference Asset on any Trading Day prior to the Maturity Date. All examples assume a Buffer Value of 85.00% of the Initial Value, a Buffer Amount of 15.00%, a Leverage Factor of 125.00% a Maximum Redemption Amount of $1,640.00, that a holder purchased Notes with a Principal Amount of $1,000 and that no market disruption event occurs on the Valuation Date. The actual terms of the Notes are set forth elsewhere in this pricing supplement.

| Example 1 — | Calculation of the Payment at Maturity where the Final Value is greater than the Initial Value and the Payment at Maturity is not subject to the Maximum Redemption Amount.                                                                        |                                                                                                                                                                                        |
|             | Percentage Change:                                                                                                                                                                                                                                 | 5.00%                                                                                                                                                                                  |
|             | Payment at Maturity:                                                                                                                                                                                                                               | = Thelesser of(i) $1,000.00 + ($1,000.00 × 5.00% × 125.00%) and (ii) $1,640.00                                                                                                         
 = $1,000.00 + $62.50                                                                                                                                                                   
 = $1,062.50                                                                                                                                                                            |
|             | On a $1,000.00 investment, a Percentage Change of 5.00% results in a Payment at Maturity of $1,062.50, a return of 6.25% on the Notes.                                                                                                             |                                                                                                                                                                                        |
| Example 2 — | Calculation of the Payment