Company: TDBCP
Filing Date: 2025-03-04
Form Type: 424B2
Source: 0001140361-25-006879
Chunk: 10

Company: TORONTO DOMINION BANK
Filing Date: 2025-03-04
Form: 424B2
Chunk 10
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 as they become due, you 
 may lose some or all of your investment.                                                                                                                                                                                                   |

Tax-Related Risks

| ■ | The U.S. federal income tax consequences of the notes are uncertain and, because of this uncertainty, there is a risk that the U.S. federal income tax consequences of the notes could differ materially and adversely from the treatment 
 described below in “Supplemental Discussion of U.S. Federal Income Tax Consequences”, as described further in product supplement EQUITY LIRN-1 under “Material U.S. Federal Income Tax Consequences — Alternative Treatments”. You should 
 consult your tax advisors as to the tax consequences of an investment in the notes and the potential alternative treatments.                                                                                                              |

| ■ | For a discussion of the Canadian federal income tax consequences of investing in the notes, please see the discussion in product supplement EQUITY LIRN-1 under “Supplemental Discussion of Canadian Tax Consequences” and the further      
 discussion herein under “Summary of Canadian Federal Income Tax Consequences”. If you are not a Non-resident Holder (as that term is defined in the prospectus) for Canadian federal income tax purposes or if you acquire the notes in the 
 secondary market, you should consult your tax advisors as to the consequences of acquiring, holding and disposing of the notes and receiving the payments that might be due under the notes.                                                |

| Capped Notes with Absolute Return Buffer | TS-7 |

| Capped Notes with Absolute Return Buffer        
 Linked to the S&P 500®Index due September, 2026 |

The Index All disclosures contained in this term sheet regarding the Index, including, without limitation, its make-up, method of calculation, and changes in its components, have been derived from publicly available sources. The information reflects the policies of, and is subject to change by, S&P Dow Jones Indices LLC (“S&P” or the “Index sponsor”) .The Index sponsor, which licenses the copyright and all other rights to the Index, has no obligation to continue to publish, and may discontinue publication of, the Index. The consequences of the Index sponsor discontinuing publication of the Index are discussed in the section entitled “Description of LIRNs — Discontinuance of an Index” beginning on page PS-31 of product supplement EQUITY LIRN-1. None of us, our affiliates, the calculation agents, MLPF&S or BofAS has independently verified the accuracy or completeness of any information obtained with respect to the Index nor accepts