Company: TDBCP
Filing Date: 2025-08-19
Form Type: 424B2
Source: 0001140361-25-031886
Chunk: 4

Company: TORONTO DOMINION BANK
Filing Date: 2025-08-19
Form: 424B2
Chunk 4
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 a limited range of negative performance of the underlying index. If the final index value is greater than the initial index value, investors will receive the stated principal amount of their investment plusthe leveraged upside performance of the underlying index, subject to the maximum payment at maturity. If the final index value is less than or equal to the initial index value, but not by more than the buffer amount of 10.00%, investors will receive the stated principal amount of their investment plusan unleveraged positive return equal to the absolute value of the percentage decline, which will effectively be limited to a positive 10.00% return. However, if the final index value is less than the initial index value by more than the buffer amount, investors will lose 1% for every 1% that the final index value falls below the initial index value in excess of the buffer amount. Investors may lose up to 90.00% of their investment in the Buffered PLUS. All payments on the Buffered PLUS are subject to the credit risk of TD. If TD becomes unable to meet its financial obligations as they become due, investors may not receive any amounts due under the terms of the Buffered PLUS. Investors will not be entitled to receive any dividends paid with respect to the index constituent stocks and the Buffered PLUS do not pay periodic interest. You should carefully consider whether an investment that does not provide for any dividends or periodic interest is appropriate for you.

| Leveraged Upside Performance Up 
 to a Cap                        |     | The Buffered PLUS offer investors an opportunity to capture enhanced returns for a certain range of positive performance relative to a direct investment in                                                                                                                                  
 the underlying index or the index constituent stocks.                                                                                                                                                                                                                                        |
| Absolute Return Feature         |     | The Buffered PLUS offer investors an opportunity to earn a positive return if the final index value is less than or equal to the initial index value but                                                                                                                                     
 not by more than the buffer amount.                                                                                                                                                                                                                                                          |
| Upside Scenario                 |     | If the final index value is greater than the initial index value, at maturity you will receive the stated principal amount of $1,000.00plusthe leveraged upside payment, subject to the maximum payment at maturity of $1,169.20 per Buffered PLUS (116.92% of the stated principal amount). |
| Absolute Return Scenario        |     | If the final index value is less than or equal to the initial index value, but not by more than the buffer amount, at maturity you will receive a 1%                                                                                                                                         
 positive return for