Company: TDBCP
Filing Date: 2025-09-29
Form Type: 424B2
Source: 0001140361-25-036529
Chunk: 4

Company: TORONTO DOMINION BANK
Filing Date: 2025-09-29
Form: 424B2
Chunk 4
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 Prospectus”), have been filed as part of a registration statement with the SEC and may, without cost, be accessed on the SEC website as indicated above or obtained from Merrill Lynch, Pierce, Fenner & Smith Incorporated (“MLPF&S”) or BofAS by calling 1-800-294-1322. You should read the Note Prospectus, including this term sheet, for information about us and this offering. Any prior or contemporaneous oral statements and any other written materials you may have received are superseded by the Note Prospectus. Capitalized terms used but not defined in this term sheet have the meanings set forth in product supplement EQUITY LIRN-1. In the event of any conflict the following hierarchy will govern: first, this term sheet; second, product supplement EQUITY LIRN-1; and last, the prospectus. Unless otherwise indicated or unless the context requires otherwise, all references in this document to “we,” “us,” “our,” or similar references are to TD. To the extent the determination of the Redemption Amount and other terms described in this term sheet are inconsistent with those described in the accompanying product supplement or prospectus, the determination of the Redemption Amount and other terms described in this term sheet shall control. Investor Considerations

You may wish to consider an investment in the notes if:

| ■ | You anticipate that the value of the Basket will either increase moderately from the Starting Value to the Ending Value or decrease from the Starting Value to an Ending Value that is equal to or greater than the Threshold Value. |

| ■ | You are willing to risk a substantial loss of principal if the value of the Basket decreases from the Starting Value to an Ending Value that is below the Threshold Value. |

| ■ | You accept that the return on the notes will be capped. |

| ■ | You are willing to forgo interest payments that are paid on conventional interest-bearing debt securities. |

| ■ | You are willing to forgo dividends and other distributions on, and other benefits of owning, the stocks included in the Basket Components. |

| ■ | You are willing to accept that a limited market or no market exists for sales of the notes prior to maturity, and understand that the market price for the notes in any secondary market may be adversely affected by various factors, 
 including, but not limited to, our actual and perceived creditworthiness, our internal funding rate and fees and charges on the notes, as described on page TS-2.                                                                      |

| ■ | You are willing to