Company: TDBCP
Filing Date: 2025-03-11
Form Type: 424B2
Source: 0001140361-25-008050
Chunk: 5

Company: TORONTO DOMINION BANK
Filing Date: 2025-03-11
Form: 424B2
Chunk 5
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uation Date, you will lose 1.25% of the Principal Amount of the Notes for each 1% that the Final Price is less than the Initial Price in excess of the Buffer Amount, and may lose your entire investment in the Notes. The Notes Do Not Pay Interest and Your Return May Be Less than the Return on a Conventional Debt Security of Comparable Maturity. There will be no periodic interest payments on the Notes as there would be on a conventional fixed-rate or floating-rate debt security of comparable maturity. The return that you will receive on the Notes, which could be negative, may be less than the return you could earn on other investments. The Notes do not provide for interest payments and you may not receive any positive return on the Notes. Even if your return is positive, your return may be less than that of a conventional, interest-bearing senior debt security of TD of comparable maturity. Your investment may not reflect the full opportunity cost to you when you take into account factors that affect the time value of money. The Amount Payable and/or Deliverable on the Notes, if Any, is Not Linked to the Price of the Reference Asset at Any Time Other Than on the Valuation Date. Any payments and/or deliveries on the Notes will be based on the Final Price, which will be the Closing Price of the Reference Asset on the Valuation Date. If the price of the Reference Asset prior to the Valuation Date remains greater than or equal to the Initial Price, or less than the Initial Price but greater than or equal to the Buffer Price, but then adversely changes as of the Valuation Date, the Payment at Maturity, if any,may be significantly less than it would have been had the Payment at Maturity been linked to the price of the Reference Asset prior to such change. Although the Closing Price of the Reference Asset on the Valuation Date or at other times during the term of the Notes may be higher than the Final Price, the Payment at Maturity, if any,will be based solely on the Closing Price of the Reference Asset on the Valuation Date as compared to the Initial Price. Risks Relating to Characteristics of the Reference Asset There Are Market Risks Associated with the Reference Asset. The price of the Reference Asset can rise or fall sharply due to factors specific to the Reference Asset, its sponsor (the “Sponsor”) and the Reference Asset Constituents and their issuers (the “Reference Asset Constituent Issuers”), such as stock price volatility, earnings, financial conditions, corporate, industry and regulatory