Company: TDBCP
Filing Date: 2025-07-29
Form Type: 424B2
Source: 0001140361-25-027734
Chunk: 13

Company: TORONTO DOMINION BANK
Filing Date: 2025-07-29
Form: 424B2
Chunk 13
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| TD SECURITIES (USA) LLC | P-10 |

Example 3 — The Closing Value of the Reference Asset is Less Than the Initial Value on Each Call Observation Date, the Notes are NOT Automatically Called and the Final Value is Greater than or Equal to the Barrier Value.

| Call Observation Date                                                                   |     | Closing Value                                        |     | Payment (per Note)                         |
| First through Third Call Observation Dates (First through Third Interest Payment Dates) |     | Various (allless thanthe Call Threshold Value)       |     | $60.00 (Aggregate Interest Payments)       |
| Final Valuation Date (Fourth Interest Payment Date)                                     |     | 6,000.00 (greater than or equal tothe Barrier Value) |     | $1,000 (Principal Amount)                  
 + $20.00(Interest Payment)                 
 $1,020.00 (Total Payment on Maturity Date) |
|                                                                                         |     | Total Payment:                                       |     | $1,080.00 (8.00% Total Return)             |

Because the Closing Value of the Reference Asset on each Call Observation Date prior to the Final Valuation Date is less than the Call Threshold Value, we will pay the Interest Payment on each Interest Payment Date and the Notes will not be subject to an automatic call. B ecause the Final Value is greater than the Barrier Value, on the Maturity Date we will pay you a cash payment equal to $1,020.00 per Note, reflecting the Principal Amount plus the Interest Payment.When ad ded to the Interest Payments of $60.00 paid in respect of the prior Interest Payment Dates, TD will have paid you a total of $1,080.00 per Note, for a total return of 8.00% on the Notes. Example 4 — The Closing Value of the Reference Asset is Less Than the Initial Value on Each Call Observation Date, the Notes are NOT Automatically Called and the Final Value is Less Than the Barrier Value.

| Call Observation Date                                                                   |     | Closing Value                                  |     | Payment (per Note)                      |
| First through Third Call Observation Dates (First through Third Interest Payment Dates) |     | Various (allless thanthe Call Threshold Value) |     | $60.00 (Aggregate Interest Payments)    |
| Final Valuation Date (Fourth Interest Payment Date)                                     |     | 2,600.00 (less thanthe Barrier Value)          |     | $1,000 + ($1,000 × Percentage