Company: TDBCP
Filing Date: 2025-10-08
Form Type: 424B2
Source: 0001140361-25-037692
Chunk: 0

Company: TORONTO DOMINION BANK
Filing Date: 2025-10-08
Form: 424B2
Chunk 0
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| Pricing Supplement dated October 7, 2025 to the             
 Product Supplement MLN-ES-ETF-1 dated February 26, 2025 and 
 Prospectus Dated February 26, 2025                          | Filed Pursuant to Rule 424(b)(2)      
 Registration Statement No. 333-283969 |

| The Toronto-Dominion Bank                                               
 $1,200,000                                                              
 Contingent Barrier Digital Notes                                        
 Linked to the common stock of The Kraft Heinz Company Due April 9, 2027 
 Senior Debt Securities, Series H                                        |

General

| • | The Notes are designed for investors who (i) are willing to forgo participation in any percentage increase of the common stock of The Kraft Heinz Company (the“Reference                                                                     
 Asset”) and instead receive a fixed amount in cash if the Closing Price of the Reference Asset on the Valuation Date (the “Final Price”) increases, remains flat or does not decline below the Barrier Price, (ii) are willing to accept the 
 risk of losing a significant portion or all of their Principal Amount and (iii) are willing to forgo interest and dividend payments.                                                                                                         |

| • | If the Final Price is less than the Barrier Price, investors will receive a number of shares of the Reference Asset per Note equal to the Physical Delivery Amount, the value of which, based on the Final Price, 
 will be worth significantly less than the Principal Amount, and, therefore, may lose their entire Principal Amount of the Notes.                                                                                  |

| • | Any payments on or deliveries on the Notes, including any repayment of principal, are subject to our credit risk. |

Key Terms

| Issuer:                   | The Toronto-Dominion Bank (“TD”)                                                                                                                                                                                                                 |
| Reference Asset:          | The common stock of The Kraft Heinz Company (Bloomberg ticker: “KHC”)                                                                                                                                                                            |
| Principal Amount:         | $10,000 per Note, subject to a minimum investment of $10,000 and integral multiples of $10,000 in excess thereof.                                                                                                                                |
| Term:                     | Approximately 18 months.                                                                                                                                                                                                                         |
| Strike Date:              | October 6, 2025                                                                                                                                                                                                                                  |
| Pricing Date:             | October 7, 2025                                                                                                                                                                                                                                  |
| Issue Date:               | October 10, 2025, which is the third DTC settlement day following the Pricing Date. See “Supplemental Plan of Distribution (Conflicts