Company: TDBCP
Filing Date: 2025-10-31
Form Type: 424B2
Source: 0001140361-25-039953
Chunk: 0

Company: TORONTO DOMINION BANK
Filing Date: 2025-10-31
Form: 424B2
Chunk 0
---
Filed Pursuant to Rule 424(b)(2) Registration Statement No. 333-283969

| The Toronto-Dominion Bank                                                        
 $1,000,000                                                                       
 Equity-Linked Notes                                                              
 Linked to the Least Performing of the Class C Capital Stock of Alphabet Inc. and 
 the Common Stock of Micron Technology, Inc. due July 1, 2026                     |

The notes do not bear interest.The amount that you will be paid on your notes on the maturity date (July 1, 2026) is based on the least performing of the Class C Capital Stock of Alphabet Inc. and the common stock of Micron Technology, Inc. (each, a reference asset) as measured from the pricing date (October 29, 2025) to and including the valuation date (June 29, 2026). If the final price of each reference asset on the valuation date is greater thanor equal to85.00% of its initial price ($275.17 with respect to Alphabet Inc. and $226.63 with respect to Micron Technology, Inc.), the return on your notes will be positive, and you will receive, for each $1,000 principal amount of your notes, the greater of(i) the threshold settlement amount of $1,191.70 and (ii) the sum of $1,000 plusthe product of $1,000 timesthe least performing percentage change. If the final price of any reference asset on the valuation date is less than 85.00% of its initial price, the return on your notes will be negative and will equal the least performing percentage change plus 15.00%. Specifically, if the final price of any reference asset declines by more than 15.00% from its initial price, you will lose 1% of the principal amount of your notes for every 1% that the final price of the least performing reference asset has declined below 85.00% of its initial price. You could lose a significant portion of the principal amount of your notes. Any payment on the notes is subject to our credit risk. To determine your payment at maturity, we will calculate the percentage change of each reference asset, which is the percentage increase or decrease in its final price, which is its closing price on the valuation date, from its initial price and determine which of the reference assets is the least performing reference asset. The least performing percentage change will be the percentage change of the least performing reference asset. At maturity, for each