Company: TDBCP
Filing Date: 2025-10-31
Form Type: 424B2
Source: 0001140361-25-039998
Chunk: 5

Company: TORONTO DOMINION BANK
Filing Date: 2025-10-31
Form: 424B2
Chunk 5
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                                                                                                                | The payment due at maturity will be the stated principal amount.                                                                                                                                                                                                                     |
|   | ■                                                                                                                                                                                           | Investors will not participate in any increase of the underlying indices from their respective initial index values and will not receive a contingent quarterly coupon on the maturity date. |                                                                                                                                                                                                                                                  |                                                                                                                                                                                                                                                                                      |
|   | Scenario 4                                                                                                                                                                                  |                                                                                                                                                                                              | The securities are not automatically redeemed prior to maturity and the final index value of any underlying index is less than its downside                                                                                                      
 threshold level and coupon threshold level.                                                                                                                                                                                                      |                                                                                                                                                                                                                                                                                      |
|   |                                                                                                                                                                                             |                                                                                                                                                                                              | ■                                                                                                                                                                                                                                                | The payment due at maturity will be equal to (i) the stated principal amountplus(ii) the stated principal amounttimesthe underlying return of the worst performing underlying index.                                                                                                 |
| ■ | Investors will lose a significant portion, and may lose all, of their investment in the securities in this scenario.                                                                        |                                                                                                                                                                                              |                                                                                                                                                                                                                                                  |                                                                                                                                                                                                                                                                                      |

Investing in the securities involves significant risks. You may lose a significant portion, and may lose all, of your investment in the securities. Any payment on the securities, including payments in respect of an early redemption, contingent quarterly coupon or any repayment of principal provided at maturity, is dependent on TD’s ability to pay all amounts due on the securities and, therefore, investors are subject to the credit risk of TD. If TD becomes unable to meet its financial obligations as they become due, investors may not receive any amounts due under the terms of the securities.

| October 2025 | Page4 |

| $13,500,000 Contingent Income Auto-Callable Securities with Daily Coupon Observation and 6-Month Initial 
 Non-Call Period due November 2, 2028                                                                     |
| Based on the Worst Performing of the Nasdaq-100 Index®, the S&P 500®Index and the EURO STOXX 50®Index    
 Principal at Risk Securities                                                                             |

The securities will not pay a contingent quarterly coupon on a contingent coupon payment date (including the maturity date) if the index closing value of any underlying index on any trading day during the applicable quarterly observation period is less than its coupon threshold level. The securities will not be automatically redeemed if the index closing value of any underlying index on an applicable observation period end-date other than the first observation period end-date and the final observation period end-date is less than its call threshold level. If the securities are not redeemed prior to maturity and the final index