Company: TDBCP
Filing Date: 2025-10-21
Form Type: 424B2
Source: 0001140361-25-038795
Chunk: 0

Company: TORONTO DOMINION BANK
Filing Date: 2025-10-21
Form: 424B2
Chunk 0
---
| Pricing Supplement dated October 20, 2025 to the     
 Product Supplement MLN-EI-1 dated February 26, 2025, 
 Underlier Supplement dated February 26, 2025 and     
 Prospectus Dated February 26, 2025                   | Filed Pursuant to Rule 424(b)(2)      
 Registration Statement No. 333-283969 |

| The Toronto-Dominion Bank                           
 $857,000                                            
 Capped Buffer Notes                                 
 Linked to the Nasdaq-100 Index®Due January 22, 2026 
 Senior Debt Securities, Series H                    |

General

| • | The Notes are designed for investors who (i) seek unleveraged exposure to a limited range of the percentage increase of the Nasdaq-100 Index®(the“Reference Asset”) from the Initial Level (as defined below and which was determined by the Calculation Agent on the Strike Date and is not equal to the actual Closing Level of the Reference 
 Asset on the Strike Date) to the Closing Level of the Reference Asset on the Valuation Date (the “Final Level”), (ii) are willing to accept the risk of losing some or all of their Principal Amount and (iii) are willing to forgo interest and                                                                                                
 dividend payments.                                                                                                                                                                                                                                                                                                                              |

| • | Investors will receive their Principal Amount at maturity if the Final Level is equal to or less than the Initial Level by up to 7.00%. If the Final Level is less than the Initial Level by more                              
 than 7.00%, investors will lose approximately 1.0753% of the Principal Amount of the Notes for each 1% decrease from the Initial Level to the Final Level of more than 7.00% and may lose some or all of the Principal Amount. |

| • | Any payments on the Notes, including any repayment of principal, are subject to our credit risk. |

Key Terms

| Issuer:                   | The Toronto-Dominion Bank (“TD”)                                                                                                                                                    |
| Reference Asset:          | The Nasdaq-100 Index®(Bloomberg ticker: “NDX”)                                                                                                                                      |
| Principal Amount:         | $1,000 per Note, subject to a minimum investment of $10,000 and integral multiples of $1,000 in excess thereof.                                                                     |
| Term:                     | Approximately 3 months.                                                                                                                                                             |
| Strike Date:              | October 17, 2025                                                                                                                                                                    |
| Pricing Date:             | October 20, 202