Company: TDBCP
Filing Date: 2025-11-07
Form Type: 424B2
Source: 0001140361-25-041110
Chunk: 0

Company: TORONTO DOMINION BANK
Filing Date: 2025-11-07
Form: 424B2
Chunk 0
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| Filed Pursuant to Rule 424(b)(2)      
 Registration Statement No. 333-283969 |

Pricing Supplement dated November 6, 2025to the Product Supplement MLN-EI-1 dated February 26, 2025, Product Supplement MLN-ES-ETF-1 dated February 26, 2025, Underlier Supplement dated February 26, 2025 and Prospectus dated February 26, 2025

| The Toronto-Dominion Bank                                                                                        
 $1,730,000                                                                                                       
 Step Down Autocallable Barrier Notes Linked to the Least Performing of the Russell 2000®Index, the S&P 500®Index 
 and the shares of the Technology Select Sector SPDR®Fund Due November 12, 2030                                   |

The Toronto-Dominion Bank (“TD” or “we”) has offered the Step Down Autocallable Barrier Notes (the “Notes”) linked to the least performing of the Russell 2000 ®Index, the S&P 500 ®Index and the shares of the Technology Select Sector SPDR ®Fund (each, a “Reference Asset” and together, the “Reference Assets”). We also refer to an exchange-traded fund as an “ETF”, a Reference Asset that is a share of an ETF as an “Equity Reference Asset” and a Reference Asset that is an index as an “Index Reference Asset”. The Notes will be automatically called on the Call Payment Date (including the Maturity Date) if, on the applicable Call Observation Date (including the Final Valuation Date), the Closing Value of each Reference Asset is greater than or equal to its Call Threshold Value, which is equal to 100.00% of its Initial Value on each Call Observation Date prior to the Final Valuation Date and decreases to 70.00% of its Initial Value (its “Barrier Value”) on the Final Valuation Date. If the Notes are automatically called, on the Call Payment Date we will pay a cash payment per Note equal to the Call Price corresponding to the applicable Call Observation Date, which is the Principal Amount plus a return equal to the Call Premium corresponding to the applicable Call Observation Date. Following an automatic call, no further amounts will be owed under the Notes. The applicable Call Premium (and therefore the applicable Call Price) increases the longer the Notes are outstanding and is based on a per annum rate of 11.40% (the “Call Rate”). If the Notes are not automatically called (meaning that the Closing