Company: TDBCP
Filing Date: 2025-10-23
Form Type: 424B2
Source: 0001140361-25-039046
Chunk: 17

Company: TORONTO DOMINION BANK
Filing Date: 2025-10-23
Form: 424B2
Chunk 17
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 investment view implicit in the securities will be successful.It is impossible to predict whether and the extent to which the levels of the underlying indices                                                
 will rise or fall and there can be no assurance that the index closing values ofallof the underlying indices on each trading day during any quarterly observation period will be greater than or equal                                           
 to their coupon threshold levels, or, if the securities are not redeemed prior to maturity, that the final index value ofallof the underlying indices on the final valuation date will be greater than                                           
 or equal to their downside threshold levels. The levels of the underlying indices will be influenced by complex and interrelated political, economic, financial and other factors that affect the index constituent stock issuers. You should be 
 willing to accept the risks associated with the relevant markets tracked by each underlying index in general and each index’s index constituent stocks in particular, and the risk of losing a significant portion or all of your investment in  
 the securities.                                                                                                                                                                                                                                  |

| ■ | The securities are subject to small-capitalization stock risks.The securities are linked to the Russell 2000®Index, which is comprised of index constituent stocks issued by                                                                      
 small-capitalization companies and, therefore, are subject to risks associated with small-capitalization companies. These companies often have greater stock price volatility, lower trading volume and less liquidity than large-capitalization  
 companies and therefore the underlying index may be more volatile than an index of which a greater percentage of its index constituent stocks are issued by large-capitalization companies. Stock prices of small-capitalization companies are    
 also more vulnerable than those of large-capitalization companies to adverse business and economic developments, and the stocks of small-capitalization companies may be thinly traded. In addition, small-capitalization companies are typically 
 less stable financially than large-capitalization companies and may depend on a small number of key personnel, making them more vulnerable to loss of personnel. Small-capitalization companies are often given less analyst coverage and may be  
 in early, and less predictable, periods of their corporate existences. Such companies tend to have smaller revenues, less diverse product lines, smaller shares of their product or service markets, fewer financial resources and less           
 competitive strengths than large-capitalization companies and are more susceptible to adverse developments related to their products.                                                                                                             |

| ■ | The underlying indices reflect price return, not total return.The return on your securities is based on the performance of the underlying indices, which reflect the changes in the market prices of                                            
 the index constituent stocks. It is not, however, linked to a “