Company: TDBCP
Filing Date: 2025-11-18
Form Type: 424B2
Source: 0001140361-25-042587
Chunk: 1

Company: TORONTO DOMINION BANK
Filing Date: 2025-11-18
Form: 424B2
Chunk 1
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| Per security                 |          $1,000.00 |               $17.50(a) |            $977.50 |
|                              |                    |              + $5.00(b) |                    |
|                              |                    |                  $22.50 |                    |
| Total                        |     $10,073,000.00 |             $226,642.50 |      $9,846,357.50 |

| * | As determined by the calculation agent and as may be adjustedin the case of certain adjustment events as described under “General Terms of the Notes — Delisting or 
 Suspension of Trading in, or Change in Law Event Affecting,an Equity Security” and “— Anti-Dilution Adjustments” in the accompanying product supplement.            |

| (1) | TDS has agreed to purchase the securities from TD at the price to public less a fee of $22.50 per security. TDS has agreed to resell all of the securities to Morgan Stanley Smith Barney LLC (“Morgan Stanley Wealth 
 Management”) at an underwriting discount which reflects:                                                                                                                                                              |

| (a) | a fixed sales commission of $17.50 per $1,000.00 stated principal amount of securities that Morgan Stanley Wealth Management sells and |

| (b) | a fixed structuring fee of $5.00 per $1,000.00 stated principal amount of securities that Morgan Stanley Wealth Management sells, |

each payable to Morgan Stanley Wealth Management. See “Additional Information About the Securities — Supplemental information regarding plan of distribution (conflicts of interest); secondary markets (if any)” herein. The securities involve risks not associated with an investment in ordinary debt securities. See “Risk Factors” beginning on page 10. Neither the Securities and Exchange Commission (the “SEC”) nor any state securities commission has approved or disapproved of these securities or determined that this pricing supplement, the product supplement or the prospectus is truthful or complete. Any representation to the contrary is a criminal offense. The securities are unsecured and are not savings accounts or insured deposits of a bank. The securities are not insured or guaranteed by the Canada Deposit Insurance Corporation, the U.S. Federal Deposit Insurance Corporation or any other governmental agency or instrumentality of Canada or the United States. The securities will not be listed or displayed on any securities exchange or electronic communications network. We will deliver the securities in book-entry only form through the facilities of The Depository Trust Company on the original issue date against payment in immediately available funds.