Company: TDBCP
Filing Date: 2025-09-03
Form Type: 424B2
Source: 0001140361-25-033783
Chunk: 21

Company: TORONTO DOMINION BANK
Filing Date: 2025-09-03
Form: 424B2
Chunk 21
---
 Asset is less than its Barrier Value, on the Maturity Date we will pay you a cash payment that is less than the Principal Amount, if anything, equal to the Principal Amount plus the product of the Principal Amount and the Least Performing Percentage Change and, because the Final Value of each Reference Asset is also greater than or equal to its

| TD SECURITIES (USA) LLC | P-15 |

Contingent Interest Barrier Value, we will pay you a total of $607.708 per Note (reflecting the Payment at Maturity plus the Contingent Interest Payment with respect to the Final Valuation Date), for a loss on the Notes of 39.2292%. Example 4 — The Closing Value of at Least One Reference Asset Is Less Than Its Contingent Interest Barrier Value on Each Contingent Interest Observation Date Prior to the Final Valuation Date, TD Does NOT Elect to Call the Notes Prior to Maturity and the Final Value of at Least One Reference Asset Is Less Than Its Contingent Interest Barrier Value and Barrier Value.

| Date                                                            |     | Closing Values                                                                                                |     |                                       Payment (per Note) |
| First through Fifth Contingent Interest Observation Date        |     | Reference Asset A: Various (allless thanits Contingent Interest Barrier Value)                                
 Reference Asset B: Various (allgreater than or equal toits Contingent Interest Barrier Value)                 
 Reference Asset C: Various (allgreater than or equal toits Contingent Interest Barrier Value)                 |     |                                                    $0.00 |
| Sixth through Twenty-Third Contingent Interest Observation Date |     | Reference Asset A: Various (allgreater than or equal toits Contingent Interest Barrier Value)                 
 Reference Asset B: Various (allless thanits Contingent Interest Barrier Value)                                
 Reference Asset C: Various (allgreater than or equal toits Contingent Interest Barrier Value)                 |     |                                                    $0.00 |
| Final Valuation Date                                            |     | Reference Asset A: 9,200.00 (less thanits Contingent Interest Barrier Value and Barrier Value)                
 Reference Asset B: 3,125.00 (greater than or equal toits Contingent Interest Barrier Value and Barrier Value) 
 Reference Asset C: 7,150.00 (greater than or equal toits Contingent Interest Barrier Value and Barrier Value) |     | $1,000 + ($1,000 × Least Performing Percentage Change) = 
                            $1