Company: TDBCP
Filing Date: 2025-07-29
Form Type: 424B2
Source: 0001140361-25-027770
Chunk: 18

Company: TORONTO DOMINION BANK
Filing Date: 2025-07-29
Form: 424B2
Chunk 18
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 Notes, the actual Closing Price of the Reference Asset on any Observation Date, the Contingent Coupon Payment payable, if any, on any Coupon Payment Date, as well as the Payment at Maturity, may bear little relation to the hypothetical examples shown below or to the historical price of the Reference Asset shown elsewhere in this pricing supplement. For information about the historical prices of the Reference Asset during recent periods, see “Information Regarding the Reference Asset — Historical Information” below. Also, the hypothetical examples shown below do not take into account the effects of applicable taxes. Because of the U.S. tax treatment applicable to your Notes, tax liabilities could affect the after-tax rate of return on your Notes to a comparatively greater extent than the after-tax return on the Reference Asset.

| TD SECURITIES (USA) LLC | P-12 |

Hypothetical Contingent Coupon Payments The examples below show hypothetical performance of the Reference Asset and the hypothetical Contingent Coupon Payments, if any, that we would pay on each Coupon Payment Date with respect to each $10,000 Principal Amount of the Notes if the Closing Price of the Reference Asset is equal to or greater thanthe Contingent Coupon Barrier Price on the applicable Observation Date. These below scenarios reflect only the payment of any hypothetical Contingent Coupon Payments with respect to each Observation Date and do not reflect the Payment at Maturity. Scenario 1

| Hypothetical Observation Date | Hypothetical Closing Price of the Reference    
 Asset (as Percentage of the Initial Price)     | Hypothetical Contingent Coupon Payment |
| First                         | 85.00%                                         |                                $364.50 |
| Second                        | 35.00%                                         |                                  $0.00 |
| Third                         | 90.00%                                         |                                $364.50 |
| Fourth                        | 40.00%                                         |                                  $0.00 |
| Fifth                         | 60.00%                                         |                                  $0.00 |
| Sixth                         | 95.00%                                         |                                $364.50 |
|                               | Total Hypothetical Contingent Coupon Payments: |                              $1,093.50 |

In Scenario 1, the hypothetical Closing Price of the Reference Asset increases and decreases by varying amounts on each hypothetical Observation Date. Because the hypothetical Closing Price of the Reference Asset on the first, third and sixth hypothetical Observation Dates is equal to or greater thanthe hypothetical Contingent Coupon Barrier Price, you would receive the hypothetical Contingent Coupon Payment with