Company: TDBCP
Filing Date: 2025-06-30
Form Type: 424B2
Source: 0001140361-25-024164
Chunk: 2

Company: TORONTO DOMINION BANK
Filing Date: 2025-06-30
Form: 424B2
Chunk 2
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 |     |                                                                                                                                                                             116.00% of the Starting Value. |
| Step Up       
 Payment:      |     |                                                                                                                             $1.60 per unit, which represents a return of 16.00% over the principal amount. |
| Threshold     
 Value:        |     |                                                                                                                                                                       100.00 (100% of the Starting Value). |
| Calculation   
 Day:          |     |                                                                                                                                                                                              June 17, 2027 |

| Redemption Amount Determination |

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

| Market-Linked Step Up Notes | TS-2 |

| Fees and    
 Charges:    |     | The underwriting discount of $0.20 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-33.                                                                                                                               |
| Calculation 
 Agents:     |     | BofA Securities, Inc. (“BofAS”) and TD, acting jointly.                                                                                             |

| Market-Linked Step Up Notes | TS-3 |

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

http://www.sec.gov/Archives/edgar/data/947263/000114036125022771/ef20050646_424b3.htm

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 Lynch, Pierce, Fenner & Smith Incorporated (“MLPF&S”) or BofAS by calling 1-800-294-1322. You should read the Note Prospectus, including this term sheet, for information about us and this offering. Any prior or contemporaneous oral statements and any other written materials you may have received are superseded by the Note Prospectus. Capitalized terms used but not defined in this term sheet have the meanings set forth in product supplement EQUITY SUN-1. In the event of any conflict the following hierarchy will govern: first, this term sheet; second, product supplement EQUITY SUN-1; and last, the prospectus. Unless otherwise indicated or unless the context requires otherwise, all references in this document