Company: TDBCP
Filing Date: 2025-08-15
Form Type: 424B2
Source: 0001140361-25-031439
Chunk: 23

Company: TORONTO DOMINION BANK
Filing Date: 2025-08-15
Form: 424B2
Chunk 23
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 Reference Asset B: Various (allless thanits Contingent Interest Barrier Value)                               
 Reference Asset C: Various (allgreater than or equal toits Contingent Interest Barrier Value)                |     |                                                              $0.00 |
| Final Valuation Date                                      |     | Reference Asset A: $80.00 (less thanits Contingent Interest Barrier Value and Barrier Value)                 
 Reference Asset B: $750.00 (greater than or equal toits Contingent Interest Barrier Value and Barrier Value) 
 Reference Asset C: $660.00 (greater than or equal toits Contingent Interest Barrier Value and Barrier Value) |     | Physical Delivery Amount of the Least Performing Reference Asset = 
                                                  $80.00 × 5.0000 = 
                                     $400.00* (Payment at Maturity) |
|                                                           |     | Total Payment and/or Delivery:                                                                               |     |                                              $400.00 (60.00% loss) |

* Represents the approximate cash value of the Physical Delivery Amount of the Least Performing Reference Asset on the Final Valuation Date. Because the Notes are physically settled, the actual value received and the total return on the Notes at maturity depends on the value of the Least Performing Reference Asset on the Maturity Date. Because TD does not elect to call the Notes prior to maturity and the Closing Value of at least one Reference Asset on each Contingent Interest Observation Date prior to the Final Valuation Date is less than its Contingent Interest Barrier Value, we will not pay the Contingent Interest Payment on any of the corresponding Contingent Interest Payment Dates and the Notes will not be subject to an Issuer Call. Because the Final Value of at least one Reference Asset is less than its Contingent Interest Barrier Value and Barrier Value, on the Maturity Date we will deliver a number of shares of the Least Performing Reference Asset equal to its Physical Delivery Amount (with cash paid in lieu of any fractional share equal to the product of such fractional share and its Final Value), the value of which, as of the Final Valuation Date, would be worth $400.00 per Note, a loss of 60.00% per Note. In this scenario, investors will suffer a percentage loss on their initial investment that, based on the Final Value of the Least Performing Reference Asset, will be equal to the Least Performing Percentage Change. Specifically, if TD does not elect to call the Notes prior to maturity and the Final Value of any Reference Asset is less than its Barrier Value