Company: TDBCP
Filing Date: 2025-12-03
Form Type: 424B2
Source: 0001140361-25-044139
Chunk: 1

Company: TORONTO DOMINION BANK
Filing Date: 2025-12-03
Form: 424B2
Chunk 1
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 your payment at maturity, we will calculate the percentage change of the S&P 500 ®Index, which is the percentage increase or decrease in the final level from the initial level. At maturity, for each $1,000 principal amount of your notes, you will receive an amount in cash, if anything, equal to:

| ● | if the percentage change is greater than or equal to -5.00% (the final level is greater than or equal to the buffer level), the maximum payment amount; or |

| ● | if the percentage change is negative and is below -5.00% (the final level is less than the buffer level), the sum of (i) $1,000 plus (ii) the product of (a) $1,000 times (b) approximately 1.0526 times (c) the sum of the percentage change 
 plus 5.00%.You will receive less than the principal amount of your notes.                                                                                                                                                                     |

The notes do not guarantee the return of principal at maturity. The notes are unsecured and are not savings accounts or insured deposits of a bank. The notes are not insured or guaranteed by the Canada Deposit Insurance Corporation, the U.S. Federal Deposit Insurance Corporation or any other governmental agency or instrumentality. Any payments on the notes are subject to our credit risk. The notes will not be listed or displayed on any securities exchange or electronic communications network. You should read the disclosure herein to better understand the terms and risks of your investment. See “Additional Risk Factors” beginning on page P-6 of this pricing supplement. Neither the U.S. Securities and Exchange Commission nor any state securities commission has approved or disapproved of these notes or determined that this pricing supplement, the product supplement, the underlier supplement or the prospectus is truthful or complete. Any representation to the contrary is a criminal offense. The initial estimated value of the notes at the time the terms of your notes were set on the pricing date was $977.50 per $1,000 principal amount, which is less than the public offering price listed below.See “Additional Information Regarding the Estimated Value of the Notes” on the following page and “Additional Risk Factors” beginning on page P-6 of this document for additional information. The actual value of your notes at any time will reflect many factors and cannot be predicted with accuracy.

|          | Public Offering Price | Underwriting Discount1 | Proceeds to TD1 |
| Per Note |             $1,000.00 |                 $20.00