Company: TDBCP
Filing Date: 2025-10-27
Form Type: 424B2
Source: 0001140361-25-039411
Chunk: 3

Company: TORONTO DOMINION BANK
Filing Date: 2025-10-27
Form: 424B2
Chunk 3
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-1 dated October 9, 2025:http://www.sec.gov/Archives/edgar/data/947263/000114036125037791/ef20056667_424b3.htm |

| ◾ | Prospectus dated February 26, 2025:http://www.sec.gov/Archives/edgar/data/947263/000119312525036639/d931193d424b5.htm |

These documents, including this term sheet (together, the “Note Prospectus”), have been filed as part of a registration statement with the SEC and may, without cost, be accessed on the SEC website as indicated above or obtained from Merrill Lynch, Pierce, Fenner & Smith Incorporated (“MLPF&S”) or BofAS by calling 1-800-294-1322. You should read the Note Prospectus, including this term sheet, for information about us and this offering. Any prior or contemporaneous oral statements and any other written materials you may have received are superseded by the Note Prospectus. Capitalized terms used but not defined in this term sheet have the meanings set forth in product supplement STOCK LIRN-1. In the event of any conflict the following hierarchy will govern: first, this term sheet; second, product supplement STOCK LIRN-1; and last, the prospectus. Unless otherwise indicated or unless the context requires otherwise, all references in this document to “we,” “us,” “our,” or similar references are to TD. To the extent the determination of the Redemption Amount and other terms described in this term sheet are inconsistent with those described in the accompanying product supplement or prospectus, the determination of the Redemption Amount and other terms described in this term sheet shall control. Investor Considerations

You may wish to consider an investment in the notes if:

| ◾ | You anticipate that the price of the Underlying Stock will either increase moderately from the Starting Value to the Ending Value or decrease from the Starting Value to an Ending Value that is equal to or greater than the 
 Threshold Value.                                                                                                                                                                                                              |

| ◾ | You are willing to risk a substantial loss of principal if the price of the Underlying Stock decreases from the Starting Value to an Ending Value that is below the Threshold Value. |

| ◾ | You accept that the return on the notes will be capped. |

| ◾ | You are willing to forgo interest payments that are paid on conventional interest-bearing debt securities. |

| ◾ | You are willing to forgo dividends or