Company: TDBCP
Filing Date: 2025-03-14
Form Type: 424B3
Source: 0001140361-25-008756
Chunk: 3

Company: TORONTO DOMINION BANK
Filing Date: 2025-03-14
Form: 424B3
Chunk 3
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 | By purchasing the Notes, you agree, in the absence of a statutory or regulatory change or an administrative determination or judicial ruling to the contrary, to treat the Notes, for U.S.                                                   
 federal income tax purposes, as prepaid derivative contracts with respect to the Reference Assets. Based on certain factual representations received from us, our special U.S. tax counsel, Fried, Frank, Harris, Shriver & Jacobson LLP, is 
 of the opinion that it would be reasonable to treat the Notes in the manner described above. However, because there is no authority that specifically addresses the tax treatment of the Notes, it is possible that your Notes could         
 alternatively be treated for tax purposes as a single contingent payment debt instrument, or pursuant to some other characterization, such that the timing and character of your income from the Notes could differ materially and adversely 
 from the treatment described above, as described further under “Material U.S. Federal Income Tax Consequences” herein and in the product supplement.                                                                                         |
| Canadian Tax        
 Treatment:          | Please see the discussion in the prospectus under “Tax Consequences — Canadian Taxation” and in the product supplement under “Supplemental Discussion of Canadian Tax Consequences”, which applies to the Notes.                             
 We will not pay any additional amounts as a result of any withholding required by reason of the rules governing hybrid mismatch arrangements contained in section 18.4 of the Canadian Tax Act (as defined in the prospectus).               |

| TD SECURITIES (USA) LLC | P-4 |

| Record Date:         | The Business Day preceding the applicable Call Payment Date.                                                                     |
| Calculation Agent:   | TD                                                                                                                               |
| Listing:             | The Notes will not be listed or displayed on any securities exchange or electronic communications network.                       |
| Canadian Bail-in:    | The Notes are not bail-inable debt securities (as defined in the prospectus) under the Canada Deposit Insurance Corporation Act. |
| Change in Law Event: | Not applicable, notwithstanding anything to the contrary in the product supplement.                                              |

| TD SECURITIES (USA) LLC | P-5 |

Additional Terms of Your Notes You should read this pricing supplement together with the prospectus, as supplemented by the product supplement MLN-EI-1 (the “product supplement”)and the underlier supplement (the “underlier supplement”), relating to our Senior Debt Securities, Series H, of which these Notes are a part. Capitalized terms used but not defined in this pricing supplement will have the meanings given