Company: TDBCP
Filing Date: 2025-06-06
Form Type: 424B2
Source: 0001140361-25-021682
Chunk: 13

Company: TORONTO DOMINION BANK
Filing Date: 2025-06-06
Form: 424B2
Chunk 13
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 where the Final Value of the Least Performing Reference Asset is equal to or less than its Initial Value and equal 
 to or greater than its Buffer Value.                                                                                                                      |                                                                                                                                                                               |
|             | Least Performing Percentage Change:                                                                                                                       | -5.00%                                                                                                                                                                        |
|             | Payment at Maturity:                                                                                                                                      | At maturity, if the Least Performing Percentage Change is negative BUT not by more than -the Buffer Percentage, then the Payment at Maturity will equal the Principal Amount. |
|             | On a $1,000.00 investment, a Least Performing Percentage Change of -5.00% results in a Payment at Maturity of $1,000.00, a return of 0.00% on the Notes.  |                                                                                                                                                                               |

| Example 4 — | Calculation of the Payment at Maturity where the Final Value of the Least Performing Reference Asset is less than its Buffer Value. |

| Least Performing Percentage Change:                                                                                                                                                                                                           | -70.00%                                        |
| Payment at Maturity:                                                                                                                                                                                                                          | = $1,000.00 + [$1,000.00 × (-70.00% + 10.00%)] 
 = $1,000.00 - $600.00                          
 = $400.00                                      |
| On a $1,000.00 investment, a Least Performing Percentage Change of -70.00% results in a Payment at Maturity of $400.00, a loss of -60.00% on the Notes.                                                                                       
 In this scenario, investors will receive less than the Principal Amount of the Notes at maturity and may lose almost all of their investment. Specifically, investors will                                                                    
 lose 1% of the Principal Amount of the Notes for each 1% that the Final Value of the Least Performing Reference Asset is less than its Initial Value in excess of the Buffer Percentage, and may lose up to 90.00% of the Principal Amount of 
 the Notes. Any payment on the Notes are subject to our credit risk.                                                                                                                                                                           |                                                |

| TD SECURITIES (USA) LLC | P-10 |

The following table shows the hypothetical return profile for the Notes on the Maturity Date, based on the hypothetical terms set forth above and assuming that the investor purchased the Notes at the public offering price and held the Notes until the Maturity Date. The hypothetical returns on the Notes illustrated in the following table are not estimates or forecasts of the Percentage Change of the Least Performing Reference Asset or the return or loss on the