Company: TDBCP
Filing Date: 2025-12-03
Form Type: 424B2
Source: 0001140361-25-044139
Chunk: 5

Company: TORONTO DOMINION BANK
Filing Date: 2025-12-03
Form: 424B2
Chunk 5
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 your particular circumstances. Accordingly, investors should consult their investment, legal, tax, accounting and other advisors as to the risks entailed by an investment in the Notes and the suitability of the Notes in light of their particular circumstances. Risks Relating to Return Characteristics Principal at Risk. If the Notes are not automatically called, investors in the Notes could lose their entire Principal Amount if there is a decline in the level of the Reference Asset by more than the Buffer Percentage. If the Final Level is less than the Initial Level by more than 5.00%, you will lose a portion of each $1,000 Principal Amount in an amount equal to the productof (i) the Downside Multiplier times(ii) the sumof the negative Percentage Change plusthe Buffer Percentage times(iii) $1,000. Specifically, you will lose approximately 1.0526% of the Principal Amount of each of your Notes for every 1% that the Final Level is less than the Initial Level in excess of the Buffer Percentage and you may lose your entire Principal Amount. The Notes Do Not Pay Interest and Your Return on the Notes May Be Less Than the Return on Conventional Debt Securities of Comparable Maturity. There will be no periodic interest payments on the Notes as there would be on a conventional fixed-rate or floating-rate debt security having the same term. The return that you will receive on the Notes, which could be negative, may be less than the return you could earn on other investments. Even if your return is positive, your return may be less than the return you would earn if you bought a conventional senior interest bearing debt security of TD. The Amount You Will Receive on the Call Payment Date or on the Maturity Date, as the Case May Be, Will Be Capped. Regardless of the Closing Level of the Reference Asset on the Call Valuation Date or the Final Valuation Date, the amount you may receive on the Call Payment Date or on the Maturity Date, if any, is capped. Even if the Closing Level of the Reference Asset on the Call Valuation Date is equal to or greater than the Initial Level, causing the Notes to be automatically called, the amount you will receive on the Call Payment Date will be capped, and you will not benefit from any increases in the Closing Level of the Reference Asset on such date above the Initial Level. If your Notes are automatically called on the Call Valuation Date, the maximum payment you will receive for each $1,000 Principal Amount of your Notes will depend on the Call Premium Percentage