Company: TDBCP
Filing Date: 2025-11-03
Form Type: 424B2
Source: 0001140361-25-040106
Chunk: 16

Company: TORONTO DOMINION BANK
Filing Date: 2025-11-03
Form: 424B2
Chunk 16
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 ◾ | There is no affiliation between the respective index sponsors and TD, and TD is not responsible for any disclosure by such.We or our affiliates may currently, or from time to time engage in                                                    
 business with the index sponsors. However, we and our affiliates are not affiliated with the sponsor of any underlying index and have no ability to control or predict their actions. You, as an investor in the securities, should conduct your 
 own independent investigation of the relevant index sponsor and each underlying index. No index sponsor is involved in the securities offered hereby in any way and has no obligation of any sort with respect to your securities. The relevant  
 index sponsor has no obligation to take your interests into consideration for any reason, including when taking any actions that might affect the value of, and any amounts payable on, your securities.                                         |

| ◾ | Governmental regulatory actions, such as sanctions, could adversely affect your investment in the securities.Governmental regulatory actions, including, without limitation, sanctions-related                                   
 actions by the U.S. or a foreign government, could prohibit or otherwise restrict persons from holding the securities or the index constituent stocks of the Nikkei 225®Index, or engaging in transactions therein, and any such 
 action could adversely affect the value of the Nikkei 225®Index or the securities. These regulatory actions could result in restrictions on the securities and could result in the loss of a significant portion or all of your  
 investment in the securities, including if you are forced to divest the securities due to the government mandates, especially if such divestment must be made at a time when the value of the securities has declined.           |

Risks Relating to Estimated Value and Liquidity

| ◾ | The estimated value of your securities is less than the public offering price of your securities.The estimated value of your securities is less than the public offering price of your securities.                                           
 The difference between the public offering price of your securities and the estimated value of the securities reflects costs and expected profits associated with selling and structuring the securities, as well as hedging our obligations 
 under the securities. Because hedging our obligations entails risks and may be influenced by market forces beyond our control, this hedging may result in a profit that is more or less than expected, or a loss.                            |

| October 2025 | Page13 |

| $3,210,000 Callable Contingent Income Securities with Daily Coupon Observation and 6-Month Initial Non-Call 
 Period due November 2,