Company: TDBCP
Filing Date: 2025-11-25
Form Type: 424B2
Source: 0001140361-25-043317
Chunk: 10

Company: TORONTO DOMINION BANK
Filing Date: 2025-11-25
Form: 424B2
Chunk 10
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total return” index or strategy, which, in addition to reflecting those price returns, would also reflect dividends paid on its Reference Asset Constituents. The return on the Notes will not include such a total return feature or dividend component. The S&P 500 ®Equal Weight Index may underperform the S&P 500 ®Index. The S&P 500 ®Equal Weight Index is composed of the same constituents as the S&P 500 ®Index, but weights those constituents equally (as rebalanced each quarter) rather than based on market capitalization as in the S&P 500 ®Index. As a result, the companies with the largest market capitalizations will have a smaller impact on the performance of the S&P 500 ®Equal Weight Index than on the performance of the S&P 500 ®Index. If larger market capitalization companies outperform smaller market capitalization companies, then the S&P 500 ®Equal Weight Index will underperform the S&P 500 ®Index, perhaps significantly. The Notes are Subject to Currency Exchange Risk. The Notes are subject to currency exchange risk because the Reference Asset Constituents of the EURO STOXX 50 ®Index are quoted and traded in one or more non-U.S. currencies. Neither the level of such index nor the value of the Notes will be adjusted for exchange rate fluctuations between the U.S. dollar and the currencies in which such Reference Asset Constituents are based. Therefore, if the applicable currencies appreciate or depreciate relative to the U.S. dollar over the term of the Notes, you will not receive any additional payment or incur any reduction in your return on the Notes. The Notes are Subject to Risks Associated with Non-U.S. Securities Markets. The value of the Notes is linked to the EURO STOXX 50 ®Index and its Reference Asset Constituents, which are traded in one or more non-U.S. securities markets. Investments linked to the value of non-U.S. equity securities involve particular risks. Any non-U.S. securities market may be less liquid, more volatile and affected by global or domestic market developments in a different way than are the U.S. securities market or other non-U.S. securities markets. Both government intervention in a non-U.S. securities market, either directly or indirectly, and cross-shareholdings in non-U.S. companies, may affect trading prices and volumes in that market. Also, there is generally less publicly available information about non-U.S. companies than about those U.S. companies that are subject to the reporting