Company: TDBCP
Filing Date: 2025-07-17
Form Type: 424B2
Source: 0001140361-25-026192
Chunk: 12

Company: TORONTO DOMINION BANK
Filing Date: 2025-07-17
Form: 424B2
Chunk 12
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 an early redemption payment and/or (b) receive an amount in cash that is less than your stated principal amount on the maturity date than would have been the case had the      
 securities been linked to only one underlying index. In addition, if the performances of the underlying indices are not correlated to each other, the risk that (a) the index closing value of any underlying index will be less than its initial 
 index value on any determination date other than the final determination date or that (b) the final index value of any underlying index will be less than its trigger level on the final valuation date, is even greater.                         |

Risks Relating to Characteristics of the Underlying Indices

| ■ | The level of each underlying index will be affected by various factors that interact in complex and unpredictable ways.The return on the securities, which may be                                                                                
 negative, is linked to the performance of each underlying index and indirectly linked to the value of the index constituent stocks. The level of each underlying index can rise or fall sharply due to factors specific to such underlying index 
 or its index constituent stocks and their issuers (the “index constituent stock issuers”), such as stock or commodity price volatility, earnings, financial conditions, corporate, industry and regulatory developments, management changes and  
 decisions and other events, as well as general market factors, such as general stock market or commodity market volatility and levels, interest rates and economic and political conditions. You, as an investor in the securities, should make  
 your own investigation into the underlying indices and the index constituent stocks.                                                                                                                                                             |

| July 2025 | Page10 |

| $3,500,000 Enhanced Trigger Jump Securities with Auto-Callable Feature due July 19, 2030 
 Based on the Worst Performing of the Russell 2000®Index and TOPIX®                       
 Principal at Risk Securities                                                             |

| ■ | There can be no assurance that the investment view implicit in the securities will be successful.It is impossible to predict whether and the extent to which the                                                                                
 levels of the underlying indices will rise or fall and there can be no assurance that the index closing value of each underlying index on any determination date (including the final determination date) will be greater than or equal to its  
 initial index values. The levels of the underlying indices will be influenced by complex and interrelated political, economic, financial and other factors that affect the index constituent stock issuers. You should be willing to accept the 
 risks associated with the relevant markets tracked by each underlying index in general and each index’s index