Company: TDBCP
Filing Date: 2025-06-18
Form Type: 424B2
Source: 0001140361-25-022902
Chunk: 5

Company: TORONTO DOMINION BANK
Filing Date: 2025-06-18
Form: 424B2
Chunk 5
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 charges on the notes.                                                                                                                                                                         |

| ◾ | You are willing to assume our credit risk, as issuer of the notes, for all payments under the notes, including the Redemption Amount. |

The notes may not be an appropriate investment for you if:

| ◾ | You believe that the value of the Basket will decrease from the Starting Value to the Ending Value. |

| ◾ | You seek principal repayment or preservation of capital. |

| ◾ | You seek interest payments or other current income on your investment. |

| ◾ | You want to receive dividends or other distributions paid on the stocks included in the Basket Components. |

| ◾ | You seek an investment for which there will be a liquid secondary market. |

| ◾ | You are unwilling or are unable to take market risk on the notes or to accept the credit risk of TD as issuer of the notes. |

We urge you to consult your investment, legal, tax, accounting, and other advisors concerning an investment in the notes.

| Market-Linked Step Up Notes | TS-4 |

| Market-Linked Step Up NotesLinked to an International Equity Index Basket due June , 2027 |

Hypothetical Payout Profile The graph below is based on hypotheticalnumbers and values. Market-Linked Step Up Notes This graph reflects the returns on the notes, based on the Threshold Value of 100.00% of the Starting Value, the Step Up Payment of $1.60 per unit, the Step Up Value of 116.00% of the Starting Value and a hypothetical Participation Rate of 125.00% (the midpoint of the Participation Rate range of [120.00% to 130.00%]). The green line reflects the returns on the notes, while the dotted gray line reflects the returns of a direct investment in the stocks included in the Basket Components, excluding dividends. This graph has been prepared for purposes of illustration only. See the below table for a further illustration of the range of hypothetical payments at maturity.

Hypothetical Payments at Maturity The following table and examples are for purposes of illustration only. They are based on hypotheticalvalues and show hypotheticalreturns on the notes. They illustrate the calculation of the Redemption Amount and total rate of return based on the Starting Value of 100.00, the Threshold Value of 100.00, the Step Up Value of 116.00, the Step Up Payment of $1.60 per unit, a hypothetical Participation Rate of 125.00% and a range of hypothetical Ending