Company: TDBCP
Filing Date: 2025-09-05
Form Type: 424B2
Source: 0001140361-25-034165
Chunk: 0

Company: TORONTO DOMINION BANK
Filing Date: 2025-09-05
Form: 424B2
Chunk 0
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| Filed Pursuant to Rule 424(b)(2)      
 Registration Statement No. 333-283969 |

Pricing Supplement dated September 4, 2025 to the Product Supplement MLN-ES-ETF-1 dated February 26, 2025 and Prospectus dated February 26, 2025

| The Toronto-Dominion Bank                                                                                  
 $250,000                                                                                                   
 Capped Leveraged Buffered Notes Linked to the shares of the VanEck®Semiconductor ETF Due September 7, 2029 |

The Toronto-Dominion Bank (“TD” or “we”) has offered the Capped Leveraged Buffered Notes (the “Notes”) linked to the shares of the VanEck ®Semiconductor ETF (the “Reference Asset”). We also refer to an exchange-traded fund as an “ETF”. The Notes provide 125.00% leveraged participation in the positive return of the Reference Asset if the value of the Reference Asset increases from the Initial Value to the Final Value, subject to the Maximum Redemption Amount of $1,640.00 per Note. Investors will receive their Principal Amount at maturity if the Final Value is less than or equal to the Initial Value, but greater than or equal to the Buffer Value, which is equal to 85.00% of the Initial Value. If the Final Value is less than the Buffer Value, investors will lose 1% of the Principal Amount of the Notes for each 1% that the Final Value is less than the Initial Value in excess of 15.00%, and may lose up to 85.00% of the Principal Amount of the Notes.Any payment on the Notes is subject to our credit risk.

| The Payment at Maturity will be greater than the Principal Amount only if the Final Value is greater than the Initial Value. The Notes do not guarantee the return of the 
 Principal Amount and investors may lose up to 85.00% of their investment in the Notes. Any payment on the Notes is subject to our credit risk.                            |

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 of Canada or the United States. The Notes will not be listed or displayed on any securities exchange or electronic communications network. The Notes have complex features and investing in the Notes involves a number of risks. See “Additional Risk Factors” beginning on page P-5