Company: TDBCP
Filing Date: 2025-08-20
Form Type: 424B2
Source: 0001140361-25-032059
Chunk: 19

Company: TORONTO DOMINION BANK
Filing Date: 2025-08-20
Form: 424B2
Chunk 19
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 Call Level) 
 Reference Asset C: 3,900.00 (greater than or equal to its Initial Level)      |     |          $1,000 (Principal Amount) 
 + $274.50(Applicable Call Premium) |
|                   |     |                                                                               |     |             $1,274.50 (Call Price) |

Because the Closing Levelof a Reference Asset on the Review Date prior to the Final Review Date is less than its Initial Level, the Notes will not be automatically called on the corresponding Call Payment Date. Because the Final Level of each Reference Asset is greater than or equal to its Step-Down Call Level on the Final Review Date, the Notes will be called and, on the Maturity Date, we will pay you a cash payment equal to $1,274.50 per Note, reflecting the applicable Call Price for the Final Review Date, for a return of 27.45% per Note.

| TD SECURITIES (USA) LLC | P-10 |

| Example 3 — | The Notes Are Not Automatically Called and Therefore the Final Level of the Least Performing Reference Asset is Less Than its Barrier Level (which is equal to its 
 Step-Down Call Level).                                                                                                                                             |

| Review Date          |     | Closing Levels                                                                                    |     |                                       Payment (per Note) |
| First through Second |     | Reference Asset A: Various (all less than its Initial Level)                                      
 Reference Asset B: Various (all greater than or equal to its Initial Level)                       
 Reference Asset C: Various (all greater than or equal to its Initial Level)                       |     |                                                       $0 |
| Final Review Date    |     | Reference Asset A: 1,000.00(less than its Step-Down Call Level and Barrier Level)                 
 Reference Asset B:6,950.00(greater than or equal to its Step-Down Call Level and Barrier Level)   
 Reference Asset C: 6,000.00 (greater than or equal to its Step-Down Call Level and Barrier Level) |     | = $1,000 + ($1,000 × Least Performing Percentage Change) 
                            = $1,000 + ($1,000 × -60.00%) 
               = $400.00 (Total Payment on Maturity Date) |

Because the Closing Levelof a Reference Asset on the Review Date prior to the Final Review Date is less than its Initial Level and the Final Level of a Reference Asset on the Final Review Date is less than its Step-Down