Company: TDBCP
Filing Date: 2025-07-16
Form Type: 424B2
Source: 0001140361-25-025992
Chunk: 5

Company: TORONTO DOMINION BANK
Filing Date: 2025-07-16
Form: 424B2
Chunk 5
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 return you could earn on other investments. Even if your return is positive, your return may be less than the return you would earn if you bought a conventional, interest-bearing senior debt security of TD. The Amount You Will Receive on the Call Payment Date Will Be Capped. Regardless of the Closing Price of the Reference Asset on the Call Valuation Date the amount you may receive on the Call Payment Date, if any, is capped. Even if the Closing Price of the Reference Asset on the Call Valuation Date is greater than or equal to the Call Threshold Price, causing the Notes to be automatically called, the amount you will receive on the Call Payment Date will be capped, and you will not benefit from any increase in the Closing Price of the Reference Asset on such date above the Call Threshold Price. If your Notes are automatically called on the Call Valuation Date, the maximum return you will receive for each $1,000 Principal Amount of your Notes will equal the Call Premium Percentage. The Notes May Be Automatically Called Prior to the Maturity Date And Are Subject to Reinvestment Risk. If your Notes are automatically called, no further payments will be owed to you under the Notes after the Call Payment Date. Therefore, because the Notes could be called as of the Call Valuation Date, your holding period could be limited. There is no guarantee that you would be able to reinvest the proceeds from an investment in the Notes at a comparable return for a similar price of risk in the event the Notes are automatically called prior to the Maturity Date. Furthermore, to the extent you are able to reinvest such proceeds in an investment with a comparable return for a similar level of risk, you may incur transaction costs such as dealer discounts and hedging costs built into the price of such new investment. The Amount You Will Receive on the Call Payment Date or on the Maturity Date is Not Linked to the Closing Price of the Reference Asset at Any Time Other Than on the Call Valuation Date or the Final Valuation Date, as the Case May Be. The amount you will receive on the Call Payment Date, if any, will be paid only if the Closing Price of the Reference Asset on the Call Valuation Date is greater than or equal to the Call Threshold Price. Therefore, the Closing Price of the Reference Asset on dates other than the Call Valuation Date will have no effect on whether the Notes are subject to an automatic call and whether any amount will be paid in respect of your Notes on the Call Payment Date. In addition, the amount you will receive on the