Company: TDBCP
Filing Date: 2025-10-03
Form Type: 424B2
Source: 0001140361-25-037196
Chunk: 14

Company: TORONTO DOMINION BANK
Filing Date: 2025-10-03
Form: 424B2
Chunk 14
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 1: Determine which Underlying Stock is the lowest performing Underlying Stock on the calculation day. In this example, the common stock of Meta Platforms, Inc. has the lowest stock return and is, therefore, the lowest performing Underlying Stock on the calculation day. Step 2: Determine the maturity payment amount based on the stock return of the lowest performing Underlying Stock on the calculation day. Because the hypothetical ending price of the lowest performing Underlying Stock is less than its hypothetical starting price but is greater than its hypothetical threshold price, you would receive the face amount of your securities at stated maturity. On the stated maturity date, you would receive $1,000.00 per security.

P-15

Example 3. The ending price of the lowest performing Underlying Stock is less than its threshold price and the maturity payment amount is less than the face amount:

|                                                                                | The common stock of Meta 
          Platforms, Inc. | The common stock of NVIDIA 
                Corporation |
| Hypothetical starting price:                                                   |                  $100.00 |                    $100.00 |
| Hypothetical ending price:                                                     |                   $30.00 |                    $135.00 |
| Hypothetical threshold price:                                                  |                   $60.00 |                     $60.00 |
| Hypothetical underlying stock return of the lowest performing Underlying Stock 
 (ending price – starting price)/starting price                                 |                  -70.00% |                     35.00% |

Step 1: Determine which Underlying Stock is the lowest performing Underlying Stock on the calculation day. In this example, the common stock of Meta Platforms, Inc. has the lowest stock return and is, therefore, the lowest performing Underlying Stock on the calculation day. Step 2: Determine the maturity payment amount based on the stock return of the lowest performing Underlying Stock on the calculation day. Because the hypothetical ending price of the lowest performing Underlying Stock is less than its hypothetical starting price by more than the buffer amount, you would lose a portion of the face amount of your securities and receive the maturity payment amount equal to: $1,000 + [$1,000 × (stock return of the lowest performing Underlying Stock + buffer amount)] $1,000 + [$1,000 × (-70.00% + 40%)] = $700.00 On the stated maturity date, you would receive $700.00 per security.

P-16

| Information Regarding the Market Measures |

Each Underlying Stock is registered