Company: TDBCP
Filing Date: 2025-09-24
Form Type: 424B2
Source: 0001140361-25-035965
Chunk: 17

Company: TORONTO DOMINION BANK
Filing Date: 2025-09-24
Form: 424B2
Chunk 17
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 Notes at the time the terms of your Notes are set on the Pricing Date is expected to be less than the original public offering price of your Notes. For more information on the estimated value of your Notes, see “Additional Risk Factors — Risks Relating to Estimated Value and Liquidity — TD’s Initial Estimated Value of the Notes at the Time of Pricing (When the Terms of Your Notes Are Set on the Pricing Date) is Expected to Be Less Than the Public Offering Price of the Notes” in this pricing supplement. The information in the examples also reflect the key terms and assumptions in the box below.

| Key Terms and Assumptions                |     |            |
| Principal Amount                         |     |     $1,000 |
| Initial Basket Level                     |     |        100 |
| Hypothetical Threshold Settlement Amount |     | $1,244.00* |

| *The bottom of the Threshold Settlement Amount range specified herein. The actual Threshold Settlement Amount will be determined on the Pricing Date. 
 Neither a market disruption event nor a non-Trading Day occurs with respect to any Basket Component on the originally scheduled Valuation Date        |
| No change in or affecting any of the Basket Components or the method by which an Index Sponsor calculates the relevant Basket Component               |
| Notes purchased on the Issue Date at the Principal Amount and held to the Maturity Date                                                               |

Moreover, we have not yet set the Initial Index Levels, which will serve as the baseline for determining the Percentage Change, or the Threshold Settlement Amount, each of which will affect the amount that we will pay on your Notes, if any, at maturity. We will not do so until the Pricing Date. As a result, the actual Initial Index Levels may differ substantially from the levels of the Basket Components prior to the Pricing Date. For these reasons the actual performance of the Basket over the term of your Notes, as well as the Payment at Maturity, if any, may bear little relation to the hypothetical examples shown below or to the hypothetical levels of the Basket or the historical levels of the Basket Components shown elsewhere in this pricing supplement. For information about the historical levels of the Basket Components and the hypothetical levels of the Basket during recent periods, see “Information Regarding the Basket Components — Historical Information of the Basket Components” and “— Historical Information of the Basket” herein. Before investing in the offered Notes, you should consult publicly available information to determine the levels of the Basket Components between the date of this pricing supplement and the date of your purchase of the offered Notes. Also,