Company: TDBCP
Filing Date: 2025-10-14
Form Type: 424B2
Source: 0001140361-25-037973
Chunk: 12

Company: TORONTO DOMINION BANK
Filing Date: 2025-10-14
Form: 424B2
Chunk 12
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 purposes or if you acquire the Notes in the secondary market, you should consult your tax advisors as to the consequences of acquiring, holding and disposing of the Notes and receiving the payments that might be due under the Notes.

| TD SECURITIES (USA) LLC | P-11 |

Hypothetical Returns The examples set out below are included for illustration purposes only and are hypothetical examples only; amounts below may have been rounded for ease of analysis. The hypothetical Initial Value, Closing Values, Final Values andPercentage Changes of the Reference Asset used to illustrate the calculation of whether the Notes are subject to an automatic call and the Payment at Maturity are not estimates or forecasts of the actual Initial Value, Closing Value, Final Value or the value of the Reference Asset on any Trading Day prior to the Maturity Date. All examples assume an Initial Value of 2,500.00, a Call Threshold Value of 2,250.00 (90.00% of the Initial Value), a Buffer Value of 2,125.00 (85.00% of the Initial Value), the Buffer Amount of 15.00%, the Downside Leverage Factor of approximately 1.1765, the Call Rate of 8.55% per annum, that a holder purchased Notes with a Principal Amount of $1,000 and that no market disruption event occurs on any Call Observation Date (including the Final Valuation Date). The actual terms of the Notes are set forth elsewhere in this pricing supplement.

| Example 1 — | The Closing Value of the Reference Asset is Greater than or Equal to the Call Threshold Value on the First Call Observation Date and The Notes Are Automatically Called. |

| Date                        |     | Closing Value                                               | Payment (per Note)                     |
| First Call Observation Date |     | 2,750.00 (greater than or equal tothe Call Threshold Value) | $1,000.00 (Principal Amount)           
 + $     85.50(Applicable Call Premium) 
 $1,085.50 (Call Price)                 |

Because the Closing Value of the Reference Asset is greater than or equal to the Call Threshold Value on the first Call Observation Date (which is approximately 12 months after the Pricing Date), the Notes will be automatically called and, on the corresponding Call Payment Date, we will pay you a cash payment equal to $1,085.50 per Note, reflecting the Principal Amount plus the applicable Call Premium, for a total return of 8.55% per Note. No further amounts