Company: TDBCP
Filing Date: 2025-09-05
Form Type: 424B2
Source: 0001140361-25-034205
Chunk: 0

Company: TORONTO DOMINION BANK
Filing Date: 2025-09-05
Form: 424B2
Chunk 0
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| Filed Pursuant to Rule 424(b)(2)      
 Registration Statement No. 333-283969 |

Pricing Supplement dated September 4, 2025 to the Product Supplement MLN-EI-1 dated February 26, 2025, Underlier Supplement dated February 26, 2025 and Prospectus dated February 26, 2025

| The Toronto-Dominion Bank                                                                               
 $500,000                                                                                                
 Capped Notes Linked to the Least Performing ofthe Dow Jones Industrial Average®and the S&P 500®IndexDue 
 September 10, 2027                                                                                      |

The Toronto-Dominion Bank (“TD” or “we”) has offered the Capped Notes (the “Notes”) linked to the least performing of the Dow Jones Industrial Average ®and the S&P 500 ®Index (each, a “Reference Asset” and together, the “Reference Assets”). The Notes provide unleveraged participation in the positive return of the Least Performing Reference Asset if the value of each Reference Asset increases from its Initial Value to its Final Value, subject to the Maximum Redemption Amount of $1,113.50 per Note. The “Least Performing Reference Asset” is the Reference Asset with the lowest Percentage Change. The “Percentage Change” for each Reference Asset is the quotient, expressed as a percentage, of (i) its Final Value minusits Initial Value dividedby (ii) its Initial Value. Investors will receive their Principal Amount at maturity if the Final Value of the Least Performing Reference Asset is equal to or less than its Initial Value. Payment on the Notes is subject to our credit risk.

| Investors are exposed to the market risk of each Reference Asset on the Final Valuation Date and any decline in the value of one Reference Asset will not be offset or                                                                
 mitigated by a lesser decline or potential increase in the value of any other Reference Asset. The Payment at Maturity will be greater than the Principal Amount only if the Least Performing Percentage Change is greater than zero. 
 Payment on the Notes is subject to our credit risk.                                                                                                                                                                                   |

The Notes are unsecured and are not savings accounts or insured deposits of a bank. The Notes are not insured or guaranteed by the Canada Deposit Insurance Corporation (the “CDIC”), the U.S. Federal Deposit Insurance Corporation or any other governmental agency or instrumentality of Canada or the United States. The Notes will not be listed or displayed on any securities exchange or any electronic communications network. The Notes have complex features and investing in the Notes involves a number