Company: TDBCP
Filing Date: 2025-07-31
Form Type: 424B2
Source: 0001140361-25-028151
Chunk: 15

Company: TORONTO DOMINION BANK
Filing Date: 2025-07-31
Form: 424B2
Chunk 15
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 Level of each Reference Asset is greater than or equal to its Initial Level (and therefore also greater than its Barrier Level) on the third Review Date, the Notes will be automatically called and, on the Call Payment Date, we will pay you a cash payment equal to $ 1,040.00per Note, reflecting the Principal Amount plus the Contingent Interest Payment with respect to such Review Dateand the previously unpaid Contingent Interest Payment(s) with respect to the prior Review Date(s). When added to the Contingent Interest Payment of $20.00 paid in respect of the first Contingent Interest Payment Date, TD will have paid you a total of $ 1,060.00per Note, for a return of 60.00% per Note.

| TD SECURITIES (USA) LLC | P-10 |

| Example 3 — | The Closing Level of at least one Reference Asset is less than its Barrier Level on each Review Date Prior to the Final Review Date, the Notes Are Not Automatically Called and the Final Level 
 of each Reference Asset is Greater Than its Barrier Level.                                                                                                                                      |

| Review Date        | Closing Levels                                                                                       |     |                                                                                                                Payment (per Note) |
| First throughThird | Reference Asset A: Various (allless thanits Initial Level and Barrier Level)                         
 Reference Asset B: Various (allless thanits Initial Level;greater than or equal toits Barrier Level) |     |                                                                                                                             $0.00 |
| Final Review Date  | Reference Asset A: 75.00 (greater than or equal toits Barrier Level)                                 
 Reference Asset B:110.00(greater than or equal toits Barrier Level)                                  |     |                                                                                                         $1,000 (Principal Amount) 
 + $80.00(Contingent Interest Payment and previously unpaid Contingent Interest Payment(s) in respect of the prior Review Date(s)) 
                                                                                         $1,080.00(Total Payment on Maturity Date) |
|                    | Total Payment:                                                                                       |     |                                                                                                     $1,080.00(8.00% total return) |

Because the Closing Levelof at least one Reference Asset on each Review Date prior to the Final Review Date is less than its Initial Level and Barrier Level, we will not pay the Contingent Interest Payment on any of the corresponding Contingent Interest Payment Dates and the Notes will not be automatically called. Because the Final Level of each Reference Asset is greater than or equal to its Barrier