Company: TDBCP
Filing Date: 2025-07-18
Form Type: 424B2
Source: 0001140361-25-026353
Chunk: 5

Company: TORONTO DOMINION BANK
Filing Date: 2025-07-18
Form: 424B2
Chunk 5
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. Risks Relating to Return Characteristics Principal at Risk. If the Notes are not automatically called, investors in the Notes could lose their entire Principal Amount if there is a decline in the price of the Reference Asset. If the Final Price is less than the Initial Price, for each $1,000 Principal Amount you will lose an amount equal to the productof (i) $1,000 times(ii) the Percentage Change. Specifically, you will lose 1% of the Principal Amount of each of your Notes for every 1% that the Final Price is less than the Initial Price and you may lose your entire Principal Amount. The Notes Do Not Pay Interest and Your Return on the Notes May Be Less Than the Return on Conventional Debt Securities of Comparable Maturity. There will be no periodic interest payments on the Notes as there would be on a conventional fixed-rate or floating-rate debt security having the same term. The return that you will receive on the Notes, which could be negative, may be less than the return you could earn on other investments. Even if your return is positive, your return may be less than the return you would earn if you bought a conventional senior interest bearing debt security of TD. The Amount You Will Receive on the Call Payment Date Will Be Capped. Regardless of the Closing Price of the Reference Asset on the Call Valuation Date the amount you may receive on the Call Payment Date, if any, is capped. Even if the Closing Price of the Reference Asset on the Call Valuation Date is greater than or equal to the Call Threshold Price, causing the Notes to be automatically called, the amount you will receive on the Call Payment Date will be capped, and you will not benefit from any increase in the Closing Price of the Reference Asset on such date above the Call Threshold Price. If your Notes are automatically called on the Call Valuation Date, the maximum return you will receive for each $1,000 Principal Amount of your Notes will equal the Call Premium Percentage. The Notes May Be Automatically Called Prior to the Maturity Date And Are Subject to Reinvestment Risk. If your Notes are automatically called, no further payments will be owed to you under the Notes after the Call Payment Date. Therefore, because the Notes could be called as early as the Call Payment Date, your holding period could be limited. There is no guarantee that you would be able to reinvest the proceeds from an investment in the Notes at a comparable return for a similar level of risk in the event the Notes are automatically called prior to the Maturity Date.