Company: TDBCP
Filing Date: 2025-10-29
Form Type: 424B2
Source: 0001140361-25-039685
Chunk: 23

Company: TORONTO DOMINION BANK
Filing Date: 2025-10-29
Form: 424B2
Chunk 23
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 the final calculation day is greater than or equal to its coupon threshold price, you would receive a final contingent coupon payment on the stated maturity date and any previously unpaid contingent coupon payment(s). Example 3. The ending price of the lowest performing Underlying Stock on the final calculation day is less than its downside threshold price and its coupon threshold price, the maturity payment amount is less than the face amount of your securities at maturity and you do not receive a final contingent coupon payment or any previously unpaid contingent coupon payment(s):

|                                                            |     The common 
       stock of 
 Advanced Micro 
  Devices, Inc. |    The common 
      stock of 
 Constellation 
        Energy 
   Corporation |   The common 
     stock of 
 UnitedHealth 
        Group 
 Incorporated |
| Hypothetical starting price:                               |        $100.00 |       $100.00 |      $100.00 |
| Hypothetical ending price:                                 |        $120.00 |        $45.00 |       $90.00 |
| Hypothetical coupon threshold price:                       |         $50.00 |        $50.00 |       $50.00 |
| Hypothetical downside threshold price:                     |         $50.00 |        $50.00 |       $50.00 |
| Performance factor (ending pricedivided bystarting price): |        120.00% |        45.00% |       90.00% |

Step 1: Determine which Underlying Stock is the lowest performing Underlying Stock on the final calculation day. In this example, the common stock of Constellation Energy Corporation has the lowest performance factor and is, therefore, the lowest performing Underlying Stock on the final calculation day. Step 2: Determine the maturity payment amount based on the ending price of the lowest performing Underlying Stock on the final calculation day. Since the hypothetical ending price of the lowest performing Underlying Stock on the final calculation day is less than its hypothetical starting price by more than 50%, you would lose a portion of the face amount of your securities and receive the maturity payment amount equal to $450.00 per security, calculated as follows: = $1,000 × performance factor of the lowest performing Underlying Stock on the final calculation day = $1,000 × 45.00% = $450.00 In addition to any contingent coupon payments received during the term of the securities, on the stated maturity date you would receive $450.00 per security. Because the