Company: TDBCP
Filing Date: 2025-07-17
Form Type: 424B2
Source: 0001140361-25-026192
Chunk: 10

Company: TORONTO DOMINION BANK
Filing Date: 2025-07-17
Form: 424B2
Chunk 10
---
 return of the worst performing underlying index. The return on an investment in the securities in these two scenarios is significantly different despite only a small relative        
 difference in the underlying return of the worst performing underlying index.                                                                                                                                                                     |

| July 2025 | Page9 |

| $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                                                             |

| ■ | You will not receive any interest payments.TD will not pay any interest with respect to the securities. |

| ■ | The amount payable on the securities is not linked to the value of the underlying indices at any time other than the determination dates.Whether you receive an early redemption payment will be                                                  
 based only on the index closing values of each underlying index on the relevant determination date, subject to postponement for non-trading days and certain market disruption events. As a result, you will not know whether the securities will 
 be automatically redeemed for the early redemption payment until the related determination date. Moreover, because whether the securities will be automatically redeemed is based solely on the values of the underlying indices on a specific    
 determination date, if the index closing value of an underlying index on any determination date is less than its initial index value, you will not receive the early redemption payment with respect to such determination date even if the value 
 of all of the underlying indices were greater than or equal to their respective initial index values on other days during the term of the securities.                                                                                             |

Similarly, the final index value of each underlying index will be based only on the index closing value of such underlying index on the final determination date, subject to postponement for non-trading days and certain market disruption events. If the value of an underlying index falls to less than its trigger level on the final determination date, the payment at maturity may be significantly less than it would have been had the payment at maturity been linked to the value of that underlying index at any time prior to such drop. Although the actual value of the underlying indices on the stated maturity date or at other times during the term of the securities may be higher than their respective index closing values on the final determination date, the payment at maturity will be based solely on the index closing value of each underlying index on the final determination date.

| ■ | Owning the securities is not the same as owning the index constituent stocks.The return on your securities may not reflect the return you would realize if