Company: TDBCP
Filing Date: 2025-12-11
Form Type: 424B2
Source: 0001140361-25-045212
Chunk: 2

Company: TORONTO DOMINION BANK
Filing Date: 2025-12-11
Form: 424B2
Chunk 2
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 Corporation or any other governmental agency or instrumentality of Canada or the United States. The Notes will not be listed or displayed on any securities exchange or electronic communications network.

The Notes have complex features and investing in the Notes involves a number of risks. See “Additional Risk Factors” beginning on page P-7 of this pricing supplement, “Additional Risk Factors Specific to the Notes” beginning on page PS-7 of the product supplement MLN-ES-ETF-1 dated February 26, 2025 (the “product supplement”) and “Risk Factors” on page 1 of the prospectus dated February 26, 2025 (the “prospectus”).

Neither the Securities and Exchange Commission (the “SEC”) nor any state securities commission has approved or disapproved of these Notes or determined that this
    pricing supplement, the product supplement or the prospectus is truthful or complete. Any representation to the contrary is a criminal offense.

We will deliver the Notes in book-entry only form through the facilities of The Depository Trust Company on the Issue Date against payment in immediately available funds.

The estimated value of your Notes on the Pricing Date was $990.20 per Note, as discussed further under “Additional Risk Factors — Risks Relating to Estimated Value and Liquidity”
    beginning on page P-10 and “Additional Information Regarding the Estimated Value of the Notes” on page P-24 of this pricing supplement. The estimated value is less than the public offering price of the Notes.**

|          | Public Offering Price1 | Underwriting Discount1 2 | Proceeds to TD2 |
| Per Note |              $1,000.00 |                    $5.00 |         $995.00 |
| Total    |            $500,000.00 |                $2,500.00 |     $497,500.00 |

| 1 | Certain dealers who purchase the Notes for sale to certain fee-based advisory accounts may have agreed to forgo some or all of their selling concessions, fees or 
 commissions. The public offering price for investors purchasing the Notes in these accounts may have been as low as $995.00 (99.50%) per Note.                    |

| 2 | TD Securities (USA) LLC (“TDS”) will receive a commission of $5.00 (0.50%) per Note and will use all of that commission to allow selling concessions to other dealers in                                                                    
 connection with the distribution of the Notes. Such other dealers may resell the Notes to other securities dealers