Company: TDBCP
Filing Date: 2025-12-02
Form Type: 424B2
Source: 0001140361-25-043980
Chunk: 8

Company: TORONTO DOMINION BANK
Filing Date: 2025-12-02
Form: 424B2
Chunk 8
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 dividends paid on the index constituent stocks or you seek guaranteed current income from this investment |

| ■ | You are unable or unwilling to hold securities that TD may elect to redeem at its discretion prior to the maturity date, you are otherwise unable or unwilling to hold such securities to maturity, a term of approximately 4 years, or you 
 seek an investment for which there will be an active secondary market                                                                                                                                                                       |

| ■ | You do not understand or are not willing to accept the risks associated with the underlying indices |

| ■ | You are not willing to assume the credit risk of TD for all payments under the securities, including any repayment of principal |

| November 2025 | Page6 |

| $13,221,000 Callable Contingent Income Securities with Daily Coupon Observation and 6-Month Initial Non-Call Period due December 3, 2029 |
| Based on the Worst Performing of the Nasdaq-100 Index®, the Russell 2000®Index and the S&P 500®Index                                     
 Principal at Risk Securities                                                                                                             |

How the Securities Work The following diagrams illustrate the potential outcomes for the securities depending on (1) the index closing values and (2) the final index values. Diagram #1: Quarterly Observation Periods Diagram #2: Payment at Maturity if TD Does Not Elect to Redeem the Securities For more information about the payout upon an issuer call or at maturity in different hypothetical scenarios, see “Hypothetical Examples” beginning on the following page.

| November 2025 | Page7 |

| $13,221,000 Callable Contingent Income Securities with Daily Coupon Observation and 6-Month Initial Non-Call Period due December 3, 2029 |
| Based on the Worst Performing of the Nasdaq-100 Index®, the Russell 2000®Index and the S&P 500®Index                                     
 Principal at Risk Securities                                                                                                             |

Hypothetical Examples The below examples are based on the following terms and are purely hypothetical (the actual terms of your securities are specified on the cover hereof). Any payments on the securities are subject to our credit risk.

| Hypothetical Initial Index Value:         |                                                                                     |
| Underlying Index A:                       |                                                                                 100 |
| Underlying Index B:                       |                                                                                 100 |
| Underlying Index C:                       |                                                                                 100 |
| Hypothetical Coupon Threshold Level:      |                                                                                     |
| Underlying Index A:                       |                         75, which is 75.00%