Company: TDBCP
Filing Date: 2025-07-28
Form Type: 424B2
Source: 0001140361-25-027550
Chunk: 3

Company: TORONTO DOMINION BANK
Filing Date: 2025-07-28
Form: 424B2
Chunk 3
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allable Market-Linked Step Up Notes | TS-4 |

The terms and risks of the notes are contained in this term sheet and in the following:

| ◾ | Product supplement EQUITY SUN-1 dated June 17, 2025:                                  
 http://www.sec.gov/Archives/edgar/data/947263/000114036125022771/ef20050646_424b3.htm |

| ◾ | Prospectus dated February 26, 2025:                                                
 http://www.sec.gov/Archives/edgar/data/947263/000119312525036639/d931193d424b5.htm |

These documents, including this term sheet (together, the “Note Prospectus”), have been filed as part of a registration statement with the SEC and may, without cost, be accessed on the SEC website as indicated above or
    obtained from Merrill Lynch, Pierce, Fenner & Smith Incorporated (“MLPF&S”) or BofAS by calling 1-800-294-1322.

You should read the Note Prospectus, including this term sheet, for information about us and this offering. Any prior or contemporaneous oral statements and any other written materials you may have
    received are superseded by the Note Prospectus. Capitalized terms used but not defined in this term sheet have the meanings set forth in product supplement EQUITY SUN-1. In the event of any conflict the following hierarchy will govern: first, this term
    sheet; second, product supplement EQUITY SUN-1; and last, the prospectus. Unless otherwise indicated or unless the context requires otherwise, all references in this document to “we,” “us,” “our,” or similar references are to TD.

Investor Considerations

You may wish to consider an investment in the notes if:

| ◾ | You are willing to receive a return on your investment capped at the applicable Call Premium if the relevant Observation Level is equal to or greater than the Call Level. |

| ◾ | You anticipate that the notes will be automatically called or that the Index will not decrease from the Starting Value to the Ending Value. |

| ◾ | You are willing to risk a loss of principal and return if the notes are not automatically called and the Index decreases from the Starting Value to the Ending Value. |

| ◾ | You are willing to forgo interest payments that are paid on conventional interest-bearing debt securities. |

| ◾ | You are willing to forgo dividends or