Company: TDBCP
Filing Date: 2025-07-22
Form Type: 424B2
Source: 0001140361-25-026747
Chunk: 6

Company: TORONTO DOMINION BANK
Filing Date: 2025-07-22
Form: 424B2
Chunk 6
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 reflect the full opportunity cost to you when you take into account factors that affect the time value of money. The Notes May Be Automatically Called Prior to the Maturity Date And Are Subject to Reinvestment Risk. If your Notes are automatically called, no further payments will be owed to you under the Notes after the applicable Call Payment Date. Therefore, because the Notes could be called as early as the first potential Call Payment Date, the holding period could be limited. There is no guarantee that you would be able to reinvest the proceeds from an investment in the Notes at a comparable return for a similar level of risk in the event the Notes are automatically called prior to the Maturity Date. Furthermore, to the extent you are able to reinvest such proceeds in an investment with a comparable return for a similar level of risk, you may incur transaction costs such as dealer discounts and hedging costs built into the price of the new notes. The Amounts Payable and/or Deliverable on the Notes, Including the Payment at Maturity, Are Not Linked to the Price of the Reference Asset at Any Time Other Than on the Applicable Review Dates, Including the Final Review Date. Any payments or deliveries on the Notes, including the Payment at Maturity, will be based on the Closing Price of the Reference Asset only on the Review Dates (including the Final Review Date). Even if the price of the Reference Asset appreciates at any other time but then declines to a Closing Price that is less than the Buffer Price on a Review Date, you will not receive the Contingent Interest Payment with respect to such Review Date on the corresponding Contingent Interest Payment Date. In addition, any Payment at Maturity will be calculated by reference to the Final Price, which will be equal to the Closing Price of the Reference Asset on the Final Review Date. In calculating the Final Price, positive performance of the Reference Asset before or after the Final Review Date that would lead to a positive return on the Notes will not be taken into account. Therefore, if the Closing Price of the Reference Asset is less than the Buffer Price on the Final Review Date, the return on the Notes will be negative, regardless of the price of the Reference Asset on any other day. Risks Relating to Characteristics of the Reference Asset There Are Single Stock 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 and the issuer of the Reference Asset (the “Reference Asset Issuer”), such as stock price volatility, earnings, financial conditions