Company: TDBCP
Filing Date: 2025-10-14
Form Type: 424B2
Source: 0001140361-25-038077
Chunk: 0

Company: TORONTO DOMINION BANK
Filing Date: 2025-10-14
Form: 424B2
Chunk 0
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Structuring the Notes” on page TS-10 of this term sheet for additional information. The actual value of your notes at any time will reflect many factors and cannot be predicted with accuracy. None of the U.S. Securities and Exchange Commission (the “SEC”), any state securities commission, or any other regulatory body has approved or disapproved of these notes or passed upon the adequacy or accuracy of this document, product supplement STEPS-1 or the prospectus. Any representation to the contrary is a criminal offense.

|                                  |  Per Unit |         Total |
| Public offering price(1)         |  $  10.00 | $7,400,420.00 |
| Underwriting discount            | $    0.15 |   $111,006.30 |
| Proceeds, before expenses, to TD | $    9.85 | $7,289,413.70 |

| (1) | Plus accrued interest from the scheduled settlement date, if settlement occurs after that date. |

The notes:

| Are Not FDIC Insured | Are Not Bank Guaranteed | May Lose Value |

BofA Securities October 9, 2025

Summary The STEPIncome Securities ®Linked to the Common Stock of Chipotle Mexican Grill, Inc. due October 23, 2026 (the “notes”) are our senior unsecured debt securities, Series H. The notes are not guaranteed or insured by the CDIC, the FDIC or any other governmental agency and are not, either directly or indirectly, an obligation of any third party.The notes are not bail-inable debt securities (as defined in the prospectus) under the CDIC Act. The notes will rank equally with all of our other senior unsecured debt. Any payments due on the notes, including any repayment of principal, will be subject to the credit risk of TD.The notes provide quarterly interest payments. Additionally, if the Ending Value of the Underlying Stock, which is the common stock of Chipotle Mexican Grill, Inc., is at or above the Step Level, the notes will also provide a payment of $0.877 per unit at maturity. If the Ending Value is less than the Step Level, the Redemption Amount will not be greater than your principal amount. If the Ending Value is less than the Threshold Value, the Redemption Amount will be less than the principal amount of your notes, and may be as low as zero. Payments on the notes, including the amount you receive at maturity, will be calculated based on the $