Company: TDBCP
Filing Date: 2025-05-06
Form Type: 424B2
Source: 0001140361-25-017453
Chunk: 4

Company: TORONTO DOMINION BANK
Filing Date: 2025-05-06
Form: 424B2
Chunk 4
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 value is greater than or equal to80% of the initial index value, which we refer to as the downside threshold level, the payment due at maturity will be (i) the stated principal amount plus(ii) any contingent quarterly coupon payable with respect to the final determination date. If, however, TD does not elect to redeem the securities prior to maturity and the final index value is less thanthe downside threshold level, investors will be exposed on a 1-to-1 basis to the decline of the final index value relative to the initial index value. The value of the payment received by investors at maturity will be less than 80% of the stated principal amount of the securities and could be as low as zero. Investors in the securities must be willing to accept the risk of losing their entire investment in the securities and also the risk of not receiving any contingent quarterly coupons during the term of the securities. In addition, investors will not participate in any increase of the underlying index and will not realize a return beyond the returns represented by the contingent quarterly coupons received, if any, during the term of the securities. TD may elect to redeem the securities at its discretion prior to the maturity date. It is more likely that TD will elect to redeem the securities prior to maturity when the expected contingent quarterly coupons payable on the securities are greater than the interest that would be payable on other instruments issued by TD of comparable maturity, terms and credit rating trading in the market. TD is less likely to elect to redeem the securities prior to maturity when the expected contingent quarterly coupons payable on the securities are less than the interest that would be payable on other comparable instruments issued by TD, which includes when the value of the underlying index is less than the coupon threshold level. Therefore, the securities are more likely to remain outstanding when the expected amount payable on the securities is less than what would be payable on other comparable instruments and when your risk of not receiving a contingent quarterly coupon is relatively higher.

| May 2025 | Page3 |

| $5,147,000 Callable Contingent Income Securities due May 6, 2027 |
| Based on the Performance of the S&P 500®Index                    
 Principal at Risk Securities                                     |

Key Investment Rationale The securities offer the opportunity for investors to earn a contingent quarterly coupon equal to $22.70 (equivalent to 9.08% per annum of the stated principal amount) per security, with respect to each determination date on which the index closing value or the final index value is greater than or equal to80% of the