Company: TDBCP
Filing Date: 2025-10-23
Form Type: 424B2
Source: 0001140361-25-039080
Chunk: 0

Company: TORONTO DOMINION BANK
Filing Date: 2025-10-23
Form: 424B2
Chunk 0
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Filed Pursuant to Rule 424(b)(2) Registration Statement No. 333-283969

| The Toronto-Dominion Bank                                        
 $3,175,000                                                       
 Digital VanEck®Gold Miners ETF-Linked Notes due January 25, 2027 |

The notes do not bear interest.The amount that you will be paid on your notes on the maturity date (January 25, 2027) is based on the performance of the shares of the VanEck ®Gold Miners ETF (the reference asset) as measured from the pricing date (October 21, 2025) to and including the valuation date (January 21, 2027). The return on your notes, if any, is linked to the performance of the reference asset, and not to that of the MarketVector™ Global Gold Miners Index (the target index) on which the reference asset is based. The performance of the reference asset may significantly diverge from that of the target index. If the final price on the valuation date is greater than or equal to the threshold price of 85.00% of the initial price of $72.79, you will receive the threshold settlement amount of $1,215.40 for each $1,000 principal amount of your notes. If the final price on the valuation date is less than the threshold price of 85.00% of the initial price, your payment, if any, will be less than the principal amount and you will have a loss equal to the percentage decrease below the threshold price timesthe downside multiplier of approximately 1.1765. Specifically, if the final price declines by more than 15.00% from the initial price, you will lose approximately 1.1765% of the principal amount of your notes for every 1% that the final price has declined below the threshold price of 85.00% of the initial price. Despite the inclusion of the threshold price, due to the downside multiplier you may lose your entire principal amount. To determine your payment at maturity, we will calculate the percentage change of the reference asset, which is the percentage increase or decrease in the final price from the initial price. At maturity, for each $1,000 principal amount of your notes, you will receive an amount in cash, if anything, equal to:

| ● | if the percentage change is greater than or equal to -15.00% (the final price is greater than or equal to 85.00% of the initial price