Company: TDBCP
Filing Date: 2025-10-14
Form Type: 424B2
Source: 0001140361-25-038064
Chunk: 10

Company: TORONTO DOMINION BANK
Filing Date: 2025-10-14
Form: 424B2
Chunk 10
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 an investment linked to companies that operate in multiple sectors. An investment in the notes is subject to risks associated with investing in stocks in the information technology sector. As noted above, the Basket Stocks are issued by companies whose primary business is directly associated with the information technology sector. The profitability of technology companies can be significantly affected by many factors that interact in complex and unpredictable ways, including intense competition and rapid product obsolescence. Technology companies may also have limited product lines, markets, financial resources or personnel. In addition, technology companies are heavily dependent on intellectual property rights, and the loss or impairment of those rights could adversely affect the prices of the Basket Stocks and increase the volatility of the Market Measure. Adverse

| Accelerated Return Notes® | TS-7 |

| Accelerated Return Notes®Linked to a Basket of Four Technology Sector Stocks due December  , 2026 |

developments in the technology sector generally and/or with respect to the issuers of the Basket Stocks specifically may have a significant adverse effect on the value of the notes. CRDO has limited actual historical information. CRDO has commenced trading recently. Because CRDO has limited actual historical performance data, your investment in the notes may involve a greater risk than investing in notes linked to Underlying Companies with a more established record of performance.

| Accelerated Return Notes® | TS-8 |

| Accelerated Return Notes®Linked to a Basket of Four Technology Sector Stocks due December  , 2026 |

The Basket The Basket is designed to allow investors to participate in the percentage changes in the prices of the Basket Stocks from the Starting Value to the Ending Value. The Basket Stocks are described in the section “The Basket Stocks” below. Each Basket Stock will be assigned an initial weight on the pricing date, as set forth in the table below. For more information on the calculation of the value of the Basket, please see the section entitled “Description of ARNs—Basket Market Measures” beginning on page PS-27 of product supplement STOCK ARN-1. If October 13, 2025 were the pricing date, for each Basket Stock, the Initial Component Weight, the Closing Market Price, the hypothetical Component Ratio and the initial contribution to the Basket value would be as follows:

| Basket Stock                       |     | Bloomberg 
 Symbol    |     | Initial   
 Component 
 Weight    |     |     Closing 
      Market 
 Price(1)(2) |     |   Hypothetical 
      Component 
    Ratio(1)(3) |     | Initial Basket 
          Value