Company: TDBCP
Filing Date: 2025-06-30
Form Type: 424B2
Source: 0001140361-25-024192
Chunk: 5

Company: TORONTO DOMINION BANK
Filing Date: 2025-06-30
Form: 424B2
Chunk 5
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 the notes are called on the first Observation Date, 20.80% if called on the second Observation Date and 31.20% if called on the final Observation Date; and |

| (6) | Observation Dates occurring approximately one, two and three years after the pricing date. |

For recent hypothetical values of the Basket, see “The Basket” section below. For recent actual levels of the Basket Components, see “The Basket Components” section below. Each Basket Component is a price return index and as such the Ending Value will not include any income generated by dividends or other distributions paid on the stocks included in any of the Basket Components, which you would otherwise be entitled to receive if you invested in those stocks directly. In addition, all payments on the notes are subject to issuer credit risk. If TD, as issuer, becomes unable to meet its obligations as they become due, you could lose some or all of your investment. Notes Are Called on an Observation Date The notes will be called at $10.00 plus the applicable Call Premium if the Observation Level on one of the Observation Dates is equal to or greater than the Call Level. Example 1- The Observation Level on the first Observation Date is 150.00. Therefore, the notes will be called at $10.00 plus the Call Premium of $1.04 = $11.04 per unit. Example 2- The Observation Level on the first Observation Date is below the Call Level, but the Observation Level on the second Observation Date is 105.00. Therefore, the notes will be called at $10.00 plus the Call Premium of $2.08 = $12.08 per unit. Example 3- The Observation Levels on the first two Observation Dates are below the Call Level, but the Observation Level on the third Observation Date is 125.00. Therefore, the notes will be called at $10.00 plus the Call Premium of $3.12 = $13.12 per unit. Notes Are Not Called on Any Observation Date Example 4- The notes are not called on any Observation Date and the Ending Value is less than the Threshold Value. The Redemption Amount will be less, and possibly significantly less, than the principal amount. For example, if the Ending Value is 85.00, the Redemption Amount per unit will be:

| Autocallable Strategic Accelerated Redemption Securities® | TS-5 |

Summary of the Hypothetical Examples

|                                                  | Notes Are Called on an Observation 
                               Date |           |