Company: TDBCP
Filing Date: 2025-12-03
Form Type: 424B2
Source: 0001140361-25-044158
Chunk: 5

Company: TORONTO DOMINION BANK
Filing Date: 2025-12-03
Form: 424B2
Chunk 5
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   |                                                                                                                                                                                         |     | ◾                                                                                                                                                   | The payment due at maturity will be equal to (i) the stated principal amountplus(ii) the stated principal amounttimesthe underlying return of the worst performing underlying index.                                                                                                |
| ◾ | Investors will lose a significant portion, and may lose all, of their investment in the securities in this scenario.                                                                    |     |                                                                                                                                                     |                                                                                                                                                                                                                                                                                     |

Investing in the securities involves significant risks. You may lose a significant portion, and may lose all, of your investment in the securities. Any payment on the securities, including payments in respect of an optional early redemption, contingent quarterly coupon or any repayment of principal provided at maturity, is dependent on TD’s ability to pay all amounts due on the securities and, therefore, investors are subject to the credit risk of TD. If TD becomes unable to meet its financial obligations as they become due, investors may not receive any amounts due under the terms of the securities. The securities will not pay a contingent quarterly coupon on a contingent coupon payment date (including the maturity date) if the index closing value of any underlying index on the applicable determination date is less than its coupon threshold level. If TD does not elect to redeem the securities prior to maturity and the final index value of any underlying index is less than its downside threshold level, you will lose a significant portion, and may lose all, of your investment in the securities.

| December 2025 | Page4 |

| $9,685,000 Callable Contingent Income Securities due December 6, 2027                                 |
| Based on the Worst Performing of the S&P MidCap 400®Index, the Nasdaq-100 Index®and the S&P 500®Index 
 Principal at Risk Securities                                                                          |

Investor Suitability The securities may be suitable for you if:

| ■ | You fully understand and are willing to accept the risks of an investment in the securities, including the risk that you may lose up to 100% of your investment in the securities |

| ■ | You can tolerate a loss of a significant portion or all of your investment and are willing to make an investment that may have the same downside market risk as a hypothetical direct investment in the worst performing underlying index or 
 the stocks comprising such underlying index (the “index constituent stocks”)                                                                                                                                                                 |

| ■ | You understand and accept that the securities are not linked to a basket of the underlying indices and that you will be exposed to the market risk of each underlying index on each determination date |