Company: TDBCP
Filing Date: 2025-12-01
Form Type: 424B2
Source: 0001140361-25-043737
Chunk: 17

Company: TORONTO DOMINION BANK
Filing Date: 2025-12-01
Form: 424B2
Chunk 17
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. The following examples assume that the securities are subject to automatic call on the applicable calculation day. The securities will not be subject to automatic call until the second calculation day, which is approximately six months after the issue date. The following examples reflect the contingent coupon rate of 11.10% per annum and assume the hypothetical starting value, coupon threshold value and closing values for each Underlying indicated in the examples. The terms used for purposes of these hypothetical examples do not represent any actual starting value or coupon threshold value. The hypothetical starting values of 100.00 and $100.00 for each Underlying, as applicable, has been chosen for illustrative purposes only and does not represent the actual starting value for any Underlying. The actual starting value and coupon threshold value for each Underlying are set forth under “Terms of the Securities” above. For historical data regarding the actual closing values of the Underlyings, see the historical information provided herein. These examples are for purposes of illustration only and the values used in the examples may have been rounded for ease of analysis. Example 1. The closing value of the lowest performing Underlying on the relevant calculation day is greater than or equal to its coupon threshold value and less than its starting value. As a result, investors receive a contingent coupon payment on the applicable contingent coupon payment date and the securities are not automatically called.

|                                                                                | S&P 500®Index | Russell 2000® 
         Index |    Technology 
 Select Sector 
     SPDR®Fund |
| Hypothetical starting value:                                                   |        100.00 |        100.00 |       $100.00 |
| Hypothetical closing value on relevant calculation day:                        |         90.00 |         95.00 |        $80.00 |
| Hypothetical coupon threshold value:                                           |         75.00 |         75.00 |        $75.00 |
| Performance factor (closing value on calculation daydivided bystarting value): |        90.00% |        95.00% |        80.00% |

Step 1: Determine which Underlying is the lowest performing Underlying on the relevant calculation day. In this example, the Technology Select Sector SPDR ®Fund has the lowest performance factor and is, therefore, the lowest performing Underlying on the relevant calculation day. Step 2: Determine whether a contingent coupon payment will be paid and whether the securities will be automatically called on the applicable contingent coupon payment date. Since