Company: TDBCP
Filing Date: 2025-08-04
Form Type: 424B2
Source: 0001140361-25-028635
Chunk: 17

Company: TORONTO DOMINION BANK
Filing Date: 2025-08-04
Form: 424B2
Chunk 17
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 and return on, the Buffered PLUS. Risks Relating to Canadian and U.S. Federal Income Taxation

| ◾ | Significant aspects of the tax treatment of the Buffered PLUS are uncertain.Significant aspects of the U.S. tax                                                                                                                      
 treatment of the Buffered PLUS are uncertain. You should read carefully the section entitled “Material U.S. federal income tax consequences” herein and in the product supplement. You should consult your tax advisor as to the tax 
 consequences of your investment in the Buffered PLUS.                                                                                                                                                                                |

For a discussion of the Canadian federal income tax consequences of investing in the Buffered PLUS, please see the discussion in the prospectus under “Tax Consequences – Canadian Taxation” and in the product supplement under “Supplemental Discussion of Canadian Tax Consequences” and the further discussion herein under “Additional Information About the Buffered PLUS”. If you are not a Non-resident Holder (as that term is defined in the prospectus) for Canadian federal income tax purposes or if you acquire the Buffered PLUS in the secondary market, you should consult your tax advisors as to the consequences of acquiring, holding and disposing of the Buffered PLUS and receiving the payment that might be due under the Buffered PLUS.

| July 2025 | Page12 |

| $2,991,000 Dual Directional Buffered PLUS Based on the Value of the Russell 2000®Index due August 4, 2027 
 Buffered Performance Leveraged Upside SecuritiesSM                                                        
 Principal at Risk Securities                                                                              |

Information About the Underlying Index All disclosures contained in this document regarding the underlying index are derived from publicly available information. TD has not conducted any independent review or due diligence of any publicly available information with respect to the underlying index. You should make your own investigation into the underlying index. Russell 2000 ®Index We have derived all information regarding the Russell 2000 ®Index (“RTY”) contained in this document, including, without limitation, its make-up, method of calculation and changes in its components, from publicly available information. Such information reflects the policies of, and is subject to change by the Frank Russell Company (its “Index Sponsor” or “FTSE Russell”). RTY is published by FTSE Russell, but FTSE Russell has no obligation to continue to publish RTY, and may discontinue publication of RTY at any time. RTY is determined, comprised and calculated by FTSE Russell without regard to this instrument. As discussed more fully in the underlier supplement under the heading “Indices – The Russell 2000 ®Index