Company: TDBCP
Filing Date: 2025-07-24
Form Type: 424B2
Source: 0001140361-25-027052
Chunk: 20

Company: TORONTO DOMINION BANK
Filing Date: 2025-07-24
Form: 424B2
Chunk 20
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 also issue or underwrite other securities or financial or derivative   
 instruments with returns linked or related to changes in an underlying index or one or more index constituent stocks.                                                                                                                        |

These trading activities may present a conflict between the holders’ interest in the securities and the interests we and our affiliates will have in our or their proprietary accounts, in facilitating transactions, including options and other derivatives transactions, for our or their customers’ accounts and in accounts under our or their management. These trading activities could be adverse to the interests of the holders of the securities. We, the agent and/or our other affiliates may, at present or in the future, engage in business with one or more index constituent stock issuers, including making loans to or providing advisory services to those companies. These services could include investment banking and merger and acquisition advisory services. These business activities may present a conflict between our, the agent’s and/or our other affiliates’ obligations, and your interests as a holder of the securities. Moreover, we, the agent and/or our other affiliates may have published, and in the future expect to publish, research reports with respect to an underlying index or one or more index constituent stocks. This research is modified from time to time without notice and may express opinions or provide recommendations that are inconsistent with purchasing or holding the securities. Any of these activities by us and/or our other affiliatesmay affect the value of an underlying index and, therefore, the market value of, and any amounts payable on, the securities.

| July 2025 | Page15 |

| $4,038,000 Contingent Income Auto-Callable Securities due July 27, 2027                            |
| Based on the Worst Performing of the Nasdaq-100 Index®, the Nikkei 225®Index and the S&P 500®Index 
 Principal at Risk Securities                                                                       |

| ◾ | The calculation agent will have significant discretion with respect to the securities, which may be exercised in a manner                                                                                                                       
 that is adverse to your interests. We will serve as the calculation agent and may appoint a different calculation agent after the original issue date without notice to you. The calculation agent will determine whether the                   
 contingent quarterly coupon is payable to you on any contingent coupon payment date and the payment at maturity of the securities, if any, based on observed index closing values of the underlying indices. The calculation agent can postpone 
 the determination of the index closing value or final index value of an underlying index (and therefore the related contingent coupon payment date or maturity date, as applicable) if a market