Company: TDBCP
Filing Date: 2025-11-03
Form Type: 424B2
Source: 0001140361-25-040214
Chunk: 4

Company: TORONTO DOMINION BANK
Filing Date: 2025-11-03
Form: 424B2
Chunk 4
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 term of the securities may be as short as approximately six months; |

| ■ | understand that the return on the securities will depend solely on the performance of the Underlying Stock that is the lowest performing Underlying Stock on each calculation day and that they will not benefit in any way from the 
 performance of a better performing Underlying Stock;                                                                                                                                                                                 |

| ■ | understand that the securities are riskier than alternative investments linked to only one of the Underlying Stocks or linked to a basket composed of each Underlying Stock; |

| ■ | understand and are willing to accept the full downside risks of each Underlying Stock; |

| ■ | are willing to forgo participation in any appreciation of any Underlying Stock and dividends on any Underlying Stock; and |

| ■ | are willing to hold the securities until maturity. |

The securities may not be an appropriate investment for investors who:

| ■ | seek a liquid investment or are unable or unwilling to hold the securities to maturity; |

| ■ | require full payment of the face amount of the securities at stated maturity; |

| ■ | seek a security with a fixed term; |

| ■ | are unwilling to purchase securities with an estimated value as of the pricing date that is lower than the original offering price and that may be as low as the lower estimated value set forth on the cover page; |

| ■ | are unwilling to accept the risk that the stock closing price of the lowest performing Underlying Stock on the final calculation day may decline by more than 50% from its starting price; |

| ■ | seek certainty of current income over the term of the securities; |

| ■ | seek exposure to the upside performance of any or each Underlying Stock; |

| ■ | seek exposure to a basket composed of each Underlying Stock or a similar investment in which the overall return is based on a blend of the performances of the Underlying Stocks, rather than solely on the lowest performing Underlying 
 Stock;                                                                                                                                                                                                                                   |

| ■ | are unwilling to accept the risk of exposure to the Underlying Stocks; |

| ■ | are unwilling to accept the credit risk of the Bank; or |

| ■ | prefer the lower risk of conventional fixed income investments with comparable maturities issued by companies with comparable credit ratings. |

The considerations identified above are not exhaustive. Whether or not the securities are anappropriate investment for you will depend on your individual circumstances, and you should reach an investment decision only after you and your investment, legal, tax, accounting and other advisors have carefully considered theappropri