Company: TDBCP
Filing Date: 2025-11-07
Form Type: 424B2
Source: 0001140361-25-041101
Chunk: 20

Company: TORONTO DOMINION BANK
Filing Date: 2025-11-07
Form: 424B2
Chunk 20
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00% total return)             |

Because TD elects to call the Notes on the first potential Call Payment Date (which is also the first Contingent Interest Payment Date) and the Closing Value of at least one Reference Asset is less than its Contingent Interest Barrier Value on the corresponding Contingent Interest Observation Date, on the Call Payment Date, we will pay you a cash payment equal to $1,000.00 per Note, reflecting the Principal Amount, for a total return of 0.00% on the Notes. No further amounts will be owed under the Notes.

| TD SECURITIES (USA) LLC | P-14 |

Example 2 — The Closing Value of at Least One Reference Asset Is Less Than Its Contingent Interest Barrier Value on Each Contingent Interest Observation Date Prior to the Final Valuation Date, TD Does NOT Elect to Call the Notes Prior to Maturity and the Final Value of Each Reference Asset Is Greater Than or Equal to Its Barrier Value and Contingent Interest Barrier Value.

| Date                                                        |     | Closing Values                                                                                                 |     |                          Payment (per Note) |
| First Contingent Interest Observation Date                  |     | Reference Asset A: 10,518.75 (less thanits Contingent Interest Barrier Value)                                  
 Reference Asset B: 2,050.00 (greater than or equal toits Contingent Interest Barrier Value)                    
 Reference Asset C: 4,015.00 (greater than or equal toits Contingent Interest Barrier Value)                    |     |                                       $0.00 |
| Second through Seventh Contingent Interest Observation Date |     | Reference Asset A: Various (allgreater than or equal toits Contingent Interest Barrier Value)                  
 Reference Asset B: Various (allless thanits Contingent Interest Barrier Value)                                 
 Reference Asset C: Various (allgreater than or equal toits Contingent Interest Barrier Value)                  |     |                                       $0.00 |
| Final Valuation Date                                        |     | Reference Asset A: 30,600.00 (greater than or equal toits Contingent Interest Barrier Value and Barrier Value) 
 Reference Asset B: 2,625.00 (greater than or equal toits Contingent Interest Barrier Value and Barrier Value)  
 Reference Asset C: 6,325.00 (greater than or equal toits Contingent Interest Barrier Value and Barrier Value)  |     |                $1,000.00 (Principal Amount)