Company: TDBCP
Filing Date: 2025-12-02
Form Type: 424B2
Source: 0001140361-25-043985
Chunk: 0

Company: TORONTO DOMINION BANK
Filing Date: 2025-12-02
Form: 424B2
Chunk 0
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| November 2025                                                
 Pricing Supplement                                           
 Dated November 28, 2025                                      
 Registration Statement No. 333-283969                        
 Filed pursuant to Rule 424(b)(2)                             
 (To Prospectus dated February 26, 2025                       
 and Product Supplement MLN-ES-ETF-1 dated February 26, 2025) |

STRUCTURED INVESTMENTS Opportunities in U.S. Equities $6,931,000 Contingent Income Auto-Callable Securities with 6-Month Initial Non-Call Period due December 1, 2028 Based on the Worst Performing of the Common Stock of Amazon.com, Inc., the Common Stock of Meta Platforms, Inc. and the Common Stock of NVIDIA Corporation Principal at Risk Securities Contingent Income Auto-Callable Securities with 6-Month Initial Non-Call Period (the “securities”) do not guarantee the repayment of principal and do not provide for the regular payment of interest. Instead, the securities offer the opportunity for investors to earn a contingent monthly coupon with respect to each determination date on which the closing price of eachunderlying stock is greater than or equal to60.00% of its initial share price, which we refer to as its coupon threshold price. In addition, if the closing prices of allof the underlying stocks on any determination date (beginning on the sixth determination date and other than the final determination date) are greater than or equal totheir respective call threshold prices, the securities will be automatically redeemed for an amount per security equal to (i) the stated principal amount plus(ii) the contingent monthly coupon otherwise payable with respect to the applicable determination date. No further payments will be made on the securities once they have been redeemed. However, if the closing price of anyunderlying stock on any determination date is less thanits call threshold price, the securities will not be automatically redeemed and, if the closing price of anyunderlying stock is less thanits coupon threshold price, you will not receive any contingent monthly coupon with respect to the applicable determination date. As a result, investors must be willing to accept the risk of not receiving any contingent monthly coupons during the term of the securities. Furthermore, if the final share price of anyunderlying stock is less than60.00% of its initial share price, which we refer to as its downside threshold price, The Toronto-Dominion Bank (“TD” or “we”) will pay you a cash payment per security that will be less thanthe stated principal amount and you will be exposed