Company: TDBCP
Filing Date: 2025-10-20
Form Type: 424B2
Source: 0001140361-25-038600
Chunk: 4

Company: TORONTO DOMINION BANK
Filing Date: 2025-10-20
Form: 424B2
Chunk 4
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 accept the credit risk of TD as issuer of the notes. |

| We urge you to consult your investment, legal, tax, accounting, and other advisors concerning an investment in the notes. |

| Autocallable Strategic Accelerated Redemption Securities® | TS-4 |

Examples of Hypothetical Payments The following examples are for purposes of illustration only. They are based on hypotheticalvalues and show hypotheticalreturns on the notes. They illustrate the calculation of the Call Amount or Redemption Amount, as applicable, based on the hypothetical terms set forth below. The actual amount you receive and the resulting return will depend on the actual Observation Levels and term of your investment. The following examples do not take into account any tax consequences from investing in the notes. These examples are based on:

| (1) | the Starting Value of 100.00; |

| (2) | the Threshold Value of 100.00; |

| (3) | the Call Level of 100.00; |

| (4) | an expected term of the notes of approximately three years, if the notes are not called on either of the first two Observation Dates; |

| (5) | a Call Premium of 14.40% of the principal amount if the notes are called on the first Observation Date, 28.80% if called on the second Observation Date and 43.20% if called on the final Observation Date; and |

| (6) | Observation Dates occurring approximately one, two and three years after the pricing date. |

For recent hypotheticalvalues of the Basket, see “The Basket” section below. For recent actual prices of the Basket Stocks, see “The Basket Stocks” section below. In addition, all payments on the notes are subject to issuer credit risk. If TD, as issuer, becomes unable to meet its obligations as they become due, you could lose some or all of your investment. Notes Are Called on an Observation Date The notes will be called at $10.00 plus the applicable Call Premium if the Observation Level on one of the Observation Dates is equal to or greater than the Call Level. Example 1- The Observation Level on the first Observation Date is 150.00. Therefore, the notes will be called at $10.00 plus the Call Premium of $1.44 = $11.44 per unit. Example 2- The Observation Level on the first Observation Date is below the Call Level, but the Observation Level on the second Observation Date is 105.00. Therefore, the notes will