Company: TDBCP
Filing Date: 2025-03-12
Form Type: 424B2
Source: 0001140361-25-008434
Chunk: 7

Company: TORONTO DOMINION BANK
Filing Date: 2025-03-12
Form: 424B2
Chunk 7
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ents and the manner in which changes affecting those Reference Asset Constituents, such as stock dividends, reorganizations or mergers, may be reflected in the Reference Asset and could adversely affect the market value of, and return on, the Notes. The market value of, and return on, the Notes could also be affected if the Index Sponsor changes these policies, for example, by changing the manner in which it calculates the Reference Asset, or if the Index Sponsor discontinues or suspends calculation or publication of the Reference Asset. If a Change in Law Event (as defined in the product supplement) occurs and the Index Sponsor does not take actions to comply with such law(s), the Calculation Agent may select a successor index or take other actions as discussed in the product supplement and, notwithstanding these adjustments, the market value of, and return on, the Notes may be adversely affected. TOPIX ®Reflects Price Return, Not Total Return. The return on the Notes is based on the performance of TOPIX ®, which reflects the changes in the market prices of its Reference Asset Constituents. TOPIX ®is not a “total return” index or strategy, which, in addition to reflecting those price returns, would also reflect any dividends paid on the Reference Asset Constituents. The return on the Notes will not include such a total return feature or dividend component. The Notes are Subject to Currency Exchange Risk. The Notes are subject to currency exchange risk because the Reference Asset Constituents of TOPIX ®are quoted and traded in one or more non-U.S. currencies. Neither the level of such index nor the value of the Notes will be adjusted for exchange rate fluctuations between the U.S. dollar and the currencies in which such Reference Asset Constituents are based. Therefore, if the applicable currencies appreciate or depreciate relative to the U.S. dollar over the term of the Notes, you will not receive any additional payment or incur any reduction in your return on the Notes. The Notes are Subject to Risks Associated with Non-U.S. Securities Markets. The value of the Notes is linked to TOPIX ®and its Reference Asset Constituents, which are traded in one or more non-U.S. securities markets. Investments linked to the value of non-U.S. equity securities involve particular risks. Any non-U.S. securities market may be less liquid, more volatile and affected by global or domestic market developments in a different way than are the U.S. securities market or other non-U.S. securities markets. Both government intervention in a non-U.S