Company: TDBCP
Filing Date: 2025-10-28
Form Type: 424B2
Source: 0001140361-25-039577
Chunk: 1

Company: TORONTO DOMINION BANK
Filing Date: 2025-10-28
Form: 424B2
Chunk 1
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 Information About the Securities — Supplemental information regarding plan of 
                                                                                                                                                                       distribution (conflicts of interest); secondary markets (if any)” herein. |                                                                                                                                                                                                    |                                                                                                      |                                                                                                                                                  |
| Estimated value on the pricing date:                                                                                                                                        |                                                                                     The estimated value of your securities at the time the terms of your securities were set on the pricing date was $971.70 per security, as discussed further 
    under “Risk Factors — Risks Relating to Estimated Value and Liquidity” beginning on page 13 and “Additional Information About the Securities — Additional information regarding the estimated value of the securities” herein. The estimated 
                                                                                                                                                                                 value is less than the public offering price of the securities. |                                                                                                                                                                                                    |                                                                                                      |                                                                                                                                                  |
| Commissions and issue price:                                                                                                                                                |                                                                                                                                                                                                                                                 |                                                                                                                                                                                 Price to Public(1) |                                                                              Fees and Commissions(1) |                                                                                                                               Proceeds to Issuer |
| Per security                                                                                                                                                                |                                                                                                                                                                                                                                                 |                                                                                                                                                                                          $1,000.00 |                                                                                            $15.00(a) |                                                                                                                                          $980.00 |
|                                                                                                                                                                             |                                                                                                                                                                                                                                                 |                                                                                                                                                                                                    |                                                                                           + $5.00(b) |                                                                                                                                                  |
|                                                                                                                                                                             |                                                                                                                                                                                                                                                 |                                                                                                                                                                                                    |                                                                                               $20.00 |                                                                                                                                                  |
| Total                                                                                                                                                                       |                                                                                                                                                                                                                                                 |                                                                                                                                                                                     $17,414,000.00 |                                                                                          $348,280.00 |                                                                                                                                   $17,065,720.00 |

| * | As determined by the calculation agent and as may be adjusted as described under “General Terms of the Notes — Unavailability of the Level of, or Change in Law Event Affecting, the Reference Asset; Modification to 
 Method of Calculation”, as described in the accompanying product supplement.                                                                                                                                          |

| (1) | TDS has agreed to purchase the securities from TD at the price to public less a fee of $20.00 per security. TDS has agreed to resell all of the securities to Morgan Stanley Smith Barney LLC (“Morgan Stanley Wealth 
 Management”) at an underwriting discount which reflects:                                                                                                                                                              |

| (a) | a fixed sales commission of $15.00 per $1,000.00 stated principal amount of securities that Morgan Stanley Wealth Management sells and |

| (b) | a fixed structuring fee of $5.00 per $1,000.00 stated principal amount of securities that Morgan Stanley Wealth Management sells, |

each payable