Company: TDBCP
Filing Date: 2025-12-01
Form Type: 424B2
Source: 0001140361-25-043737
Chunk: 19

Company: TORONTO DOMINION BANK
Filing Date: 2025-12-01
Form: 424B2
Chunk 19
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 day. The performance of a better performing Underlying is not relevant to your return on the securities. Example 3. The closing value of the lowest performing Underlying on the relevant calculation day is greater than or equal to its starting value. As a result, the securities are automatically called on the applicable contingent coupon payment date for the face amount plus a final contingent coupon payment.

|                                                                                | 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:                        |        115.00 |        105.00 |       $130.00 |
| Hypothetical coupon threshold value:                                           |         75.00 |         75.00 |        $75.00 |
| Performance factor (closing value on calculation daydivided bystarting value): |       115.00% |       105.00% |       130.00% |

Step 1: Determine which Underlying is the lowest performing Underlying on the relevant calculation day. In this example, the Russell 2000 ®Index 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 the hypothetical closing value of the lowest performing Underlying on the relevant calculation day is greater than or equal to its starting value, the securities would be automatically called and you would receive the face amount plus a final contingent coupon payment on the applicable contingent coupon payment date, which is also referred to as the call settlement date. On the call settlement date, you would receive $1,027.75 per security. You will not receive any further payments after the call settlement date.

P-17

| Hypothetical Payment at Stated Maturity |

Set forth below are examples of calculations of the maturity payment amount payable at stated maturity, assuming that the securities have not been automatically called prior to stated maturity and assuming the hypothetical starting value, coupon threshold value, downside threshold value and ending values for each Underlying indicated in the examples. The terms used for purposes of these hypothetical examples do not represent any actual starting value, coupon threshold value or downside threshold value. The hypothetical starting value of 100.00 and $