Company: TDBCP
Filing Date: 2025-10-20
Form Type: 424B2
Source: 0001140361-25-038595
Chunk: 5

Company: TORONTO DOMINION BANK
Filing Date: 2025-10-20
Form: 424B2
Chunk 5
---
 accept the risk of losing their entire investment in the securities and also the risk of not receiving any contingent quarterly coupons during the term of the securities. In addition, investors will not participate in any appreciation of the underlying indices and will not realize a return beyond the returns represented by the contingent quarterly coupons received, if any, during the term of the securities.

| October 2025 | Page3 |

| $4,255,000 Contingent Income Auto-Callable Securities with Daily Coupon Observation due October 21, 2027 |
| Based on the Worst Performing of the Nasdaq-100 Index®, the Russell 2000®Index and the S&P 500®Index     
 Principal at Risk Securities                                                                             |

Key Investment Rationale The securities offer the opportunity for investors to earn a contingent quarterly coupon, which is an amount equal to $29.05 (equivalent to 11.62% per annum of the stated principal amount) per security, on a contingent coupon payment date if the index closing value of eachunderlying index on each trading dayduring the applicable quarterly observation period is greater than or equal to75% of its respective initial index value, which we refer to as its coupon threshold level. If the index closing value of anyunderlying index is less than its coupon threshold level on any trading dayduring the applicable quarterly observation period, investors will not receive any contingent quarterly coupon with respect to the applicable quarterly observation period. The securities may be redeemed prior to maturity at a price equal to the early redemption payment, which will be (i) the stated principal amount per security plus(ii) any contingent quarterly coupon otherwise payable with respect to the applicable quarterly observation period. The payment at maturity will vary depending on the final index values, as follows:

|   | Scenario 1                                                                                                                                                                                  |                                                                                                                                                                                              | On any of the observation period end-dates other than the final observation period end-date, the index closing values of all of the underlying                                                                                                   
 indices are greater than or equal to their respective call threshold levels.                                                                                                                                                                     |                                                                                                                                                                                                                                                                                      |
|   |                                                                                                                                                                                             |                                                                                                                                                                                              | ◾                                                                                                                                                                                                                                                | The securities will be automatically redeemed for an amount per security equal to the early redemption payment, which will be (i) the stated principal amountplus(ii) any contingent quarterly coupon otherwise payable with respect to the applicable quarterly observation period. |
| ◾ | Investors will not participate in any appreciation of the underlying indices from their respective initial index values and will not realize a return beyond the returns represented by the 
 contingent quarterly coupons