Company: TDBCP
Filing Date: 2025-11-10
Form Type: 424B2
Source: 0001140361-25-041348
Chunk: 3

Company: TORONTO DOMINION BANK
Filing Date: 2025-11-10
Form: 424B2
Chunk 3
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:    |     |                                                                                                                                                         6,720.32 |
| Ending Value:      |     |                    The average of the closing levels of the Market Measure on each calculation day occurring during the Maturity Valuation Period. The scheduled 
 calculation days are subject to postponement in the event of Market Disruption Events, as described beginning on page PS-28 of product supplement EQUITY LIRN-1. |
| Threshold Value:   |     |                                                                                          6,048.29 (90.00% of the Starting Value, rounded to two decimal places). |
| Participation      
 Rate:              |     |                                                                                                                                                          100.00% |
| Capped Value:      |     |                                                                                 $11.112 per unit, which represents a return of 11.12% over the principal amount. |
| Maturity Valuation 
 Period:            |     |                                                                      January 20, 2027, January 21, 2027, January 22, 2027, January 25, 2027 and January 26, 2027 |
| Fees and           
 Charges:           |     |                              The underwriting discount of $0.175 per unit listed on the cover page and the hedging related charge of $0.05 per unit described in 
                                                                                                                           “Structuring the Notes” on page TS-17. |
| Calculation        
 Agents:            |     |                                                                                                          BofA Securities, Inc. (“BofAS”) and TD, acting jointly. |

Redemption Amount Determination On the maturity date, you will receive a cash payment per unit determined as follows:

| Capped Notes | TS-2 |

The terms and risks of the notes are contained in this term sheet and in the following:

| ◾ | Product supplement EQUITY LIRN-1 dated March 3, 2025:                                 
 http://www.sec.gov/Archives/edgar/data/947263/000114036125006726/ef20044383_424b3.htm |

| ◾ | Prospectus dated February 26, 2025:                                                
 http://www.sec.gov/Archives/edgar/data/947263/000119312525036639/d931193d424b5.htm |

These documents, including this term sheet (together, the “Note Prospectus”), have been filed as part of a registration statement with the SEC and may, without cost, be accessed on the SEC website as indicated above or obtained from Merrill