Company: TDBCP
Filing Date: 2025-03-04
Form Type: 424B3
Source: 0001140361-25-006811
Chunk: 6

Company: TORONTO DOMINION BANK
Filing Date: 2025-03-04
Form: 424B3
Chunk 6
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 of the securities included in those Indices or Underlying Funds and do not take into consideration the value of dividends paid on those securities. Your ARNs will be paid in cash and you have no right to receive the Market Measure or any of its Underlying Constituents. If the Market Measure to which your ARNs are linked includes or holds equity securities traded on foreign exchanges, your return may be affected by factors affecting international securities markets.The value of securities traded outside of the U.S. may be adversely affected by a variety of factors relating to the relevant securities markets. Factors which could affect those markets, and therefore the return on your ARNs, include:

| • | Market Liquidity and Volatility.The relevant foreign securities markets may be less liquid and/or more volatile than U.S. or other securities markets and may be affected 
 by market developments in different ways than U.S. or other securities markets.                                                                                           |

| • | Political, Economic, and Other Factors.The prices and performance of securities of companies in foreign countries may be affected by political, economic, financial,                                                                             
 public health, social and other factors in those regions.  Direct or indirect government intervention to stabilize a particular securities market and cross-shareholdings in companies in the relevant foreign markets may affect prices and the 
 volume of trading in those markets.  In addition, recent or future changes in government, economic, and fiscal policies in the relevant jurisdictions, the possible imposition of, or changes in, currency exchange laws, or other laws or       
 restrictions, and possible fluctuations in the rate of exchange between currencies, are factors that could negatively affect the relevant securities markets.  The relevant foreign economies may differ from the U.S. economy in economic       
 factors such as growth of gross national product, rate of inflation, capital reinvestment, resources, and self-sufficiency.                                                                                                                      |

In particular, many emerging nations are undergoing rapid change, involving the restructuring of economic, political, financial and legal systems. Regulatory and tax environments may be subject to change without review or appeal, and many emerging markets suffer from underdevelopment of capital markets and tax systems. In addition, in some of these nations, issuers of the relevant securities face the threat of expropriation of their assets and/or nationalization of their businesses. The economic and financial data about some of these countries may be unreliable.

| • | Publicly Available Information.There is generally less publicly available information about foreign companies than about U.S. companies that are subject to the reporting                                                          
 requirements of the SEC.  In addition,