Company: TDBCP
Filing Date: 2025-08-13
Form Type: 424B2
Source: 0001140361-25-030857
Chunk: 12

Company: TORONTO DOMINION BANK
Filing Date: 2025-08-13
Form: 424B2
Chunk 12
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) $1,000.00 + $500.00 and (ii) $1,171.50 
                                                                                         = $1,171.50. |
|            | On a $1,000.00 investment, a 50.00% Percentage Change results in a Payment at Maturity equal to the Maximum Redemption Amount of $1,171.50, a return of 17.15% per Note. |                                                                                                      |

| Example 3— | Calculation of the Payment at Maturity where the Final Level isequal tothe Initial Level.                                       |                                                                                                                            |
|            | Final Level:                                                                                                                    |                                                                                                                   1,000.00 |
|            | Percentage Change:                                                                                                              |                                                                                                                      0.00% |
|            | Payment at Maturity:                                                                                                            | At maturity, if the Final Level isequal tothe Initial Level, then the Payment at Maturity will equal the Principal Amount. |
|            | On a $1,000.00 investment, a 0.00% Percentage Change results in a Payment at Maturity of $1,000.00, a return of 0.00% per Note. |                                                                                                                            |

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

| Example 4— | Calculation of the Payment at Maturity where the Final Level isless thanthe Initial Level. |

| Final Level:                                                                                          |                                                                                                                      650.00 |
| Percentage Change:                                                                                    |                                                                                                                     -35.00% |
| Payment at Maturity:                                                                                  | At maturity, if the Final Level isless thanthe Initial Level, then the Payment at Maturity will equal the Principal Amount. |
| On a $1,000.00 investment, a -35.00% Percentage Change results in a Payment at Maturity of $1,000.00, 
 a return of 0.00% per Note.                                                                           
 Payment on the Notes is subject to our credit risk.                                                   |                                                                                                                             |

The following table shows the hypothetical return profile for the Notes on the Maturity Date, based on the hypothetical terms set forth above and assuming that the investor purchased the Notes at the public offering price and held the Notes until the Maturity Date. The hypothetical returns on the Notes illustrated in the following table are not estimates or forecasts of the actual Final Level, Percentage Change or any return on the Notes. Neither TD nor the Agent is predicting or guaranteeing any gain or particular return on the Notes.

| Hypothetical