Company: TDBCP
Filing Date: 2025-08-19
Form Type: 424B2
Source: 0001140361-25-031886
Chunk: 15

Company: TORONTO DOMINION BANK
Filing Date: 2025-08-19
Form: 424B2
Chunk 15
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 at which the agent may initially buy or sell the Buffered PLUS in the secondary market (if the agent makes a market in the Buffered PLUS, which it is not obligated to do) may exceed the 
 estimated value of the Buffered PLUS on the pricing date, as well as the secondary market value of the Buffered PLUS, for a temporary period after the original issue date of the Buffered PLUS, as discussed further under “Additional     
 Information About the Buffered PLUS — Additional information regarding the estimated value of the Buffered PLUS”. The price at which the agent may initially buy or sell the Buffered PLUS in the secondary market may not be indicative of 
 future prices of your Buffered PLUS.                                                                                                                                                                                                        |

| ◾ | The underwriting discount, offering expenses and certain hedging costs are likely to adversely affect secondary market prices.Assuming no changes in market conditions or any other relevant                                                    
 factors, the price, if any, at which you may be able to sell the Buffered PLUS will likely be less than the public offering price. The public offering price includes, and any price quoted to you is likely to exclude, any underwriting       
 discount paid in connection with the initial distribution, offering expenses as well as the cost of hedging our obligations under the Buffered PLUS. In addition, any such price is also likely to reflect dealer discounts, mark-ups and other 
 transaction costs, such as a discount to account for costs associated with establishing or unwinding any related hedge transaction.                                                                                                             |

| ◾ | There may not be an active trading market for the Buffered PLUS — sales in the secondary market may result in significant losses.There may be little or no secondary market for the Buffered PLUS. 
 The Buffered                                                                                                                                                                                       |

| August 2025 | Page10 |

| $18,866,000.00 Dual Directional Buffered PLUS Based on the Value of the S&P 500®Index due September 3, 2027 
 Buffered Performance Leveraged Upside SecuritiesSM                                                          
 Principal at Risk Securities                                                                                |

PLUS will not be listed or displayed on any Buffered PLUS exchange or electronic communications network. The agent or another one of our affiliates may make a market for the Buffered PLUS; however, it is not required to do so and may stop any market-making activities at any time. Even if a secondary market for the Buffered PLUS develops, it may not provide significant liquidity or trade at prices advantageous to you. We expect that transaction costs in any secondary market would be high. As a result, the difference between bid and ask prices for your Buffered PLUS in any secondary market could be substantial