Company: TDBCP
Filing Date: 2025-11-12
Form Type: 424B2
Source: 0001140361-25-041479
Chunk: 9

Company: TORONTO DOMINION BANK
Filing Date: 2025-11-12
Form: 424B2
Chunk 9
---
2 | 90 (at or abovecoupon threshold level oneach trading dayduring the observation period)   | 85 (at or abovecoupon threshold level oneach trading dayduring the observation period)   | 55 (belowcoupon threshold level onat least one trading dayduring the observation period) |                       $0.00 |
| Example 3 | 45 (belowcoupon threshold level onat least one trading dayduring the observation period) | 55 (belowcoupon threshold level onat least one trading dayduring the observation period) | 90 (at or abovecoupon threshold level oneach trading dayduring the observation period)   |                       $0.00 |
| Example 4 | 50 (belowcoupon threshold level onat least one trading dayduring the observation period) | 45 (belowcoupon threshold level onat least one trading dayduring the observation period) | 55 (belowcoupon threshold level onat least one trading dayduring the observation period) |                       $0.00 |

In example 1, each underlying index closes at or above its respective coupon threshold level on each trading day during the relevant quarterly observation period. Therefore, a contingent quarterly coupon of $23.75 is paid on the relevant contingent coupon payment date. In each of examples 2 through 4, at least one underlying index closes below its respective coupon threshold level on at least one trading day during the relevant quarterly observation period. No contingent quarterly coupon, therefore, is paid on the relevant contingent coupon payment date. If TD elects to redeem the securities on any contingent coupon payment date, you will receive the stated principal amount of your securities on such date plus any contingent quarterly coupon, if one is payable with respect to the related observation period.

| November 2025 | Page8 |

| $7,967,000 Callable Contingent Income Securities with Daily Coupon Observation due November 12, 2027 |
| 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 to calculate the payment at maturity (if the securities have not been previously redeemed):

|           | Final Index Value                         |                                          |                                          | Payment at Maturity                                                                                    |
|           | Underlying Index A                        | Underlying Index B                       | Underlying Index C                       |                                                                                                        |
| Example 1 | 90 (at or abovedownside threshold level)  | 80 (at or abovedownside threshold level)