Company: TDBCP
Filing Date: 2025-12-03
Form Type: 424B2
Source: 0001140361-25-044144
Chunk: 0

Company: TORONTO DOMINION BANK
Filing Date: 2025-12-03
Form: 424B2
Chunk 0
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Filed Pursuant to Rule 424(b)(2) Registration Statement No. 333-283969

| The Toronto-Dominion Bank                            
 $17,075,000                                          
 Digital S&P 500®Index-Linked Notes due April 5, 2028 |

The notes do not bear interest.The amount that you will be paid on your notes on the maturity date (April 5, 2028) is based on the performance of the S&P 500 ®Index as measured from the pricing date (December 1, 2025)to and including the valuation date (April 3, 2028). If the final level on the valuation date is greater than or equal to the threshold level of 85.00% of the initial level of 6,812.63, you will receive the threshold settlement amount of $1,195.20 for each $1,000 principal amount of your notes. If the final level on the valuation date is less than the threshold level of 85.00% of the initial level, your payment, if any, will be less than the principal amount and you will have a loss equal to the percentage decrease below the threshold level times the downside multiplier of approximately 1.1765. Specifically, if the final level declines by more than 15.00% from the initial level, you will lose approximately 1.1765% of the principal amount of your notes for every 1% that the final level has declined below the threshold level of 85.00% of the initial level. Despite the inclusion of the threshold level, due to the downside multiplier you may lose your entire principal amount. To determine your payment at maturity, we will calculate the percentage change of the S&P 500 ®Index, which is the percentage increase or decrease in the final level from the initial level. At maturity, for each $1,000 principal amount of your notes, you will receive an amount in cash, if anything, equal to:

| ● | if the percentage change is greater than or equal to -15.00% (the final level is greater than or equal to 85.00% of the initial level), the threshold settlement amount; or |

| ● | if the percentage change is negative and is below -15.00% (the final level is less than the initial level by more than 15.00%), the sum of (i) $1,000 plus (ii) the product of (a) $1,000 times (b