Company: TDBCP
Filing Date: 2025-12-01
Form Type: 424B2
Source: 0001140361-25-043737
Chunk: 22

Company: TORONTO DOMINION BANK
Filing Date: 2025-12-01
Form: 424B2
Chunk 22
---
 securities at maturity and you do not receive a final contingent coupon payment:

|                                                            | S&P 500®Index | Russell 2000® 
         Index |    Technology 
 Select Sector 
     SPDR®Fund |
| Hypothetical starting value:                               |        100.00 |        100.00 |       $100.00 |
| Hypothetical ending value:                                 |        120.00 |         45.00 |        $90.00 |
| Hypothetical coupon threshold value:                       |         75.00 |         75.00 |        $75.00 |
| Hypothetical downside threshold value:                     |         75.00 |         75.00 |        $75.00 |
| Performance factor (ending valuedivided bystarting value): |       120.00% |        45.00% |        90.00% |

Step 1: Determine which Underlying is the lowest performing Underlying on the final calculation day. In this example, the Russell 2000 ®Index has the lowest performance factor and is, therefore, the lowest performing Underlying on the final calculation day. Step 2: Determine the maturity payment amount based on the ending value of the lowest performing Underlying on the final calculation day. Since the hypothetical ending value of the lowest performing Underlying on the final calculation day is less than its hypothetical starting value by more than 25%, you would lose a portion of the face amount of your securities and receive the maturity payment amount equal to $450.00 per security, calculated as follows: = $1,000 × performance factor of the lowest performing Underlying on the final calculation day = $1,000 × 45.00% = $450.00 In addition to any contingent coupon payments received during the term of the securities, on the stated maturity date you would receive $450.00 per security. Because the hypothetical ending value of the lowest performing Underlying on the final calculation day is less than its coupon threshold value, you would not receive a final contingent coupon payment on the stated maturity date. These examples illustrate that you will not participate in any appreciation of any Underlying, but will be fully exposed to a decrease in the lowest performing Underlying if the ending value of the lowest performing Underlying on the final calculation day is less than its downside threshold value, even if the ending value of another Underlying has appreciated or has not declined below its respective downside threshold value. To the extent that the starting