Company: TDBCP
Filing Date: 2025-11-06
Form Type: 424B2
Source: 0001140361-25-040760
Chunk: 16

Company: TORONTO DOMINION BANK
Filing Date: 2025-11-06
Form: 424B2
Chunk 16
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 fractional share and the Final Value), the value of which, as of the Final Valuation Date, would be worth $400.00 per Note, a loss of 60.00% per Note. In this scenario, investors will suffer a percentage loss on their initial investment that, based on the Final Value, will be equal to the Percentage Change. Specifically, if the Notes are not automatically called and the Final Value is less than the Barrier Value, investors will receive a number of shares (and/or cash in lieu of any fractional shares) per Note of the Reference Asset equal to the Physical Delivery Amount, the value of which is expected to be worth significantly less than the Principal Amount and may even be worthless. Investors should note that, because we will deliver the Physical Delivery Amount instead of paying an amount in cash at maturity, the actual value of the Physical Delivery Amount you receive will be determined on the Maturity Date and such value may be less than the payment that you would have received at maturity had we instead paid an amount in cash, as a result of any decrease in the market value of the Reference Asset during the period between the Final Valuation Date and the Maturity Date. Any payments on or deliveries in respect of the Notes are subject to our credit risk.

| TD SECURITIES (USA) LLC | P-13 |

Information Regarding the Reference Asset The Reference Asset is registered under the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Companies with securities registered under the Exchange Act are required to file periodically certain financial and other information specified by the SEC. Information provided to or filed with the SEC can be inspected and copied at the public reference facilities maintained by the SEC or through the SEC’s website at www.sec.gov. In addition, information regarding the Reference Asset may be obtained from other sources including, but not limited to, press releases, newspaper articles and other publicly disseminated documents. We have not undertaken an independent review or due diligence of any publicly available information with respect to the Reference Asset. The graph below sets forth the information relating to the historical performance of the Reference Asset for the period specified. We obtained the information regarding the historical performance of the Reference Asset in the graph below from Bloomberg Professional ®service (“Bloomberg”). The Closing Values for the Reference Asset may be adjusted by Bloomberg for corporate actions such as stock splits, public offerings, mergers and acquisitions, spin-offs, delistings and bankruptcy. We have not independently verified the accuracy or completeness of the information obtained from Bloomberg. The historical performance of the