Company: TDBCP
Filing Date: 2025-07-09
Form Type: 424B3
Source: 0001140361-25-025328
Chunk: 11

Company: TORONTO DOMINION BANK
Filing Date: 2025-07-09
Form: 424B3
Chunk 11
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 500®Index and the EURO STOXX 50®Index 
 Principal at Risk Securities                                                                          |

| ◾ | You will not receive any interest payments.TD will not pay any interest with respect to the securities. |

| ◾ | The amount payable on the securities is not linked to the value of the underlying indices at any time other than the determination dates.Whether you receive an early redemption payment will be                                                 
 based only on the index closing values of each underlying index on the relevant determination date, subject to postponement for non-trading days and certain market disruption events. As a result, you will not know whether the securities     
 will be automatically redeemed for the early redemption payment until the related determination date. Moreover, because whether the securities will be automatically redeemed is based solely on the values of the underlying indices on a       
 specific determination date, if the index closing value of an underlying index on any determination date is less than its initial index value, you will not receive the early redemption payment with respect to such determination date even if 
 the value of all of the underlying indices were greater than or equal to their respective initial index values on other days during the term of the securities.                                                                                  |

Similarly, the final index value of each underlying index will be based only on the index closing value of such underlying index on the final determination date, subject to postponement for non-trading days and certain market disruption events. If the value of an underlying index falls to less than its trigger level on the final determination date, the payment at maturity may be significantly less than it would have been had the payment at maturity been linked to the value of that underlying index at any time prior to such drop. Although the actual value of the underlying indices on the stated maturity date or at other times during the term of the securities may be higher than their respective index closing values on the final determination date, the payment at maturity will be based solely on the index closing value of each underlying index on the final determination date.

| ◾ | Owning the securities is not the same as owning the index constituent stocks.The return on your securities may not reflect the return you would realize if you actually owned the index constituent                                              
 stocks. As described above, you will not benefit from any increase in the value of any underlying index, which may be significant, and any return on the securities will be limited to the applicable early redemption payment if the securities 
 are automatically redeemed prior to maturity or, if the securities are not automatically redeemed prior to maturity and the final index value of all of