Company: TDBCP
Filing Date: 2025-10-01
Form Type: 424B2
Source: 0001140361-25-036928
Chunk: 11

Company: TORONTO DOMINION BANK
Filing Date: 2025-10-01
Form: 424B2
Chunk 11
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 relating to the financial services sector. Economic conditions have adversely impacted the stock prices of many companies in the financial services sector, and may do so during the term of the notes.In the past, international economic conditions have resulted, and may continue to result, in significant losses among many companies that operate in the financial services sector. These conditions have also resulted, and may continue to result, in a high degree of volatility in the stock prices of financial institutions, and substantial fluctuations in the profitability of these companies. Numerous financial services companies have experienced substantial decreases in the value of their assets, taken action to raise capital (including the issuance of debt or equity securities), or even ceased operations. Further, companies in the financial services sector have been subject to unprecedented government actions and regulation, which may limit the scope of their operations and, in turn, result in a decrease in value of these companies. Any of these factors may have an adverse impact on the performance of the Basket. As a result, the value of the Basket may be adversely affected by economic, political, or regulatory events affecting the financial services sector or one of the sub-sectors of the financial services sector. This in turn could adversely impact the market value of the notes and decrease the Redemption Amount.

| Autocallable Strategic Accelerated Redemption Securities® | TS-9 |

| Autocallable Strategic Accelerated Redemption Securities®Linked to a Basket of Three Financial Sector Stocks, due October  , 2028 |

The Basket The Basket is designed to allow investors to participate in the percentage changes in the prices of the Basket Stocks from the Starting Value to the Ending Value of the Basket. The Basket Stocks are described in the section “The Basket Stocks” below. Each Basket Stock will be assigned an initial weight on the pricing date, as set forth in the table below. For more information on the calculation of the value of the Basket, please see the section “Description of the Notes—Basket Market Measures” beginning on page PS-30 of product supplement STOCK STR-1. If September 26, 2025 were the pricing date, for each Basket Stock, the Initial Component Weight, the Closing Market Price, the hypothetical Component Ratio and the initial contribution to the Basket value would be as follows:

| Basket Stock         |     | Bloomberg 
 Symbol    |     | Initial   
 Component 
 Weight    |     |     Closing 
      Market 
 Price(1)(2) |     |   Hypothetical 
      Component 
    Ratio(1)(3) |     | Initial Basket 
          Value