Company: TDBCP
Filing Date: 2025-09-30
Form Type: 424B2
Source: 0001140361-25-036798
Chunk: 4

Company: TORONTO DOMINION BANK
Filing Date: 2025-09-30
Form: 424B2
Chunk 4
---
. For additional information as to these and other risks, please see “Additional Risk Factors Specific to the Notes” in the product supplement and “Risk Factors” in the prospectus. Investors should consult their investment, legal, tax, accounting and other advisors as to the risks entailed by an investment in the Notes and the suitability of the Notes in light of their particular circumstances. Risks Relating to Return Characteristics Your Investment in the Notes May Result in a Loss. The Notes do not guarantee the return of the Principal Amount and investors may lose up to their entire investment in the Notes. Specifically, if the Notes are not automatically called, then the Final Value of at least one Reference Asset is less than its Barrier Value and investors will lose 1% of the Principal Amount of the Notes for each 1% that the Final Value of the Least Performing Reference Asset is less than its Initial Value, and may lose the entire Principal Amount. The Notes Do Not Pay Interest and You Will Lose a Significant Portion or All of Your Investment If the Notes Are Not Automatically Called. There will be no periodic interest payments on the Notes. You will receive a positive return on the Notes only if they are automatically called, meaning that the Closing Value of each Reference Asset must be greater than or equal to its Call Threshold Value on a Call Observation Date. For each Reference Asset, its Call Threshold Value is equal to 100.00% of its Initial Value on each Call Observation Date prior to the Final Valuation Date and decreases on the Final Valuation Date. If the Notes are not automatically called, then the Final Value of at least one Reference Asset is less than its Barrier Value, you will not receive a positive return on your investment and, instead, you will lose 1% of the Principal Amount of the Notes for each 1% that the Final Value of the Least Performing Reference Asset is less than its Initial Value. If the Notes are not automatically called you will not receive a positive return on the Notes and you will instead lose a significant portion or all of your Principal Amount. Your Return on the Notes May Change Significantly Despite Only a Small Difference in the Least Performing Percentage Change. Your return on the Notes may change significantly despite only a small percentage change in the Least Performing Percentage Change. For example, if the Final Value of the Least Performing Reference Asset is equal to its Call Threshold Value on the Final Valuation Date (which is equal to Barrier Value), you would receive a positive return on your Notes that is equal to the Call Price, whereas a Final Value