Company: TDBCP
Filing Date: 2025-11-05
Form Type: 424B2
Source: 0001140361-25-040472
Chunk: 2

Company: TORONTO DOMINION BANK
Filing Date: 2025-11-05
Form: 424B2
Chunk 2
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| 1 | TD Securities (USA) LLC (“TDS”) will receive a commission of up to $41.25 (4.125%) per Note and may use all or a portion of that commission to allow                                                                                                                                                                                                              
 selling concessions to other dealers in connection with the distribution of the Notes. Such other dealers may resell the Notes to other securities dealers at the Principal Amount less a concession not in excess of $41.25 per Note.The total “Underwriting Discount” and “Proceeds to TD” to be specified above will reflect the aggregate of the underwriting 
 discount at the time TD established any hedge positions on or prior to the Pricing Date, which may be variable and fluctuate depending on market conditions at such times. TD may also periodically pay one or more unaffiliated dealers a                                                                                                                        
 structuring fee and/or marketing fee of up to $11.25 per Note with respect to some or all of the Notes. TD will reimburse TDS for certain expenses in connection with its role in the offer and sale of the Notes, and TD will pay TDS a fee in                                                                                                                   
 connection with its role in the offer and sale of the Notes. See “Supplemental Plan of Distribution (Conflicts of Interest)” herein.                                                                                                                                                                                                                              |

The public offering price, underwriting discount and proceeds to TD listed above relate to the Notes we issue initially. We may decide to sell additional Notes after the date of the final pricing supplement, at public offering prices and with underwriting discounts and proceeds to TD that differ from the amounts set forth above. The return (whether positive or negative) on your investment in the Notes will depend in part on the public offering price you pay for such Notes.

| TD SECURITIES (USA) LLC | P-1 |

Summary The information in this “Summary” section is qualified by the more detailed information set forth in this pricing supplement, the product supplement, the underlier supplement and the prospectus.

| Issuer:               | TD                                                                                                                                                                                                                                             |
| Issue:                | Senior Debt Securities, Series H                                                                                                                                                                                                               |
| Type of Note:         | Leveraged Barrier Notes                                                                                                                                                                                                                        |
| Term:                 | Approximately 5 years                                                                                                                                                                                                                          |
| Reference Assets:     | The Dow Jones Industrial Average®(Bloomberg ticker: INDU, “INDU”), the Nasdaq-100 Index®(Bloomberg ticker: NDX, “NDX”) and the                                                                                                                 
 Russell 2000®Index (