Company: TDBCP
Filing Date: 2025-10-03
Form Type: 424B2
Source: 0001140361-25-037191
Chunk: 17

Company: TORONTO DOMINION BANK
Filing Date: 2025-10-03
Form: 424B2
Chunk 17
---
Tax Consequences — Canadian Taxation” and in the product supplement under “Supplemental Discussion of Canadian Tax Consequences” and the further discussion herein under “Summary”. If you are not a Non-resident Holder (as that term is defined in the prospectus) for Canadian federal income tax purposes or if you acquire the Notes in the secondary market, you should consult your tax advisors as to the consequences of acquiring, holding and disposing of the Notes and receiving the payments that might be due under the Notes.

| TD SECURITIES (USA) LLC | P-11 |

Hypothetical Returns The examples and table set out below are included for illustration purposes only and are hypothetical examples only; amounts below may have been rounded for ease of analysis. The Closing Values andPercentage Changes of the Reference Assets used to illustrate the calculation of whether the Notes are automatically called and/or the Payment at Maturity are not estimates or forecasts of the Initial Value, the Closing Value on the Call Observation Date, the Final Value or the value of any Reference Asset. All examples assume, for Reference Asset A, Reference Asset B and Reference Asset C, respectively, Initial Values of 25,000.00, 2,500.00 and 5,500.00, Call Threshold Values of 22,500.00, 2,250.00 and 4,950.00 (each 90.00% of its Initial Value), Barrier Values of 17,500.00, 1,750.00 and 3,850.00 (each 70.00% of its Initial Value), a Leverage Factor of 150.00.00%, a Call Return of 19.55%, that a holder purchased Notes with a Principal Amount of $1,000 and that no market disruption event occurs on the Call Observation Date or the Final Valuation Date.The actual terms of the Notes will be set forth in the final pricing supplement.

| Example 1 — | The Closing Value of each Reference Asset on the Call Observation Date is greater than or equal to its Call Threshold Value and the Notes Are Automatically Called. |

| Date                  |     | Closing Values                                                                  |     | Payment (per Note)              |
| Call Observation Date |     | Reference Asset A: 23,500.00 (greater than or equal toits Call Threshold Value) 
 Reference Asset B: 2,800.00 (greater than or equal toits Call Threshold Value)  
 Reference Asset C: 5,000.00 (greater than