Company: TDBCP
Filing Date: 2025-11-18
Form Type: 424B2
Source: 0001140361-25-042587
Chunk: 4

Company: TORONTO DOMINION BANK
Filing Date: 2025-11-18
Form: 424B2
Chunk 4
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f the underlying stocks are greater than or equal totheir respective coupon threshold prices and 60.00% of their respective initial share prices, which we refer to as the downside threshold prices, the payment due at maturity will be (i) the stated principal amount plus(ii) the contingent quarterly coupon otherwise payable with respect to the final determination date. If, however, the securities are not redeemed prior to maturity and the final share price of anyunderlying stock is less thanits downside threshold price, investors will be exposed on a 1-to-1 basis to the decline of the worst performing underlying stock. The value of the payment received by investors at maturity will be less than 60.00% of the stated principal amount of the securities and could be as low as zero. Investors in the securities must be willing to accept the risk of losing their entire investment in the securities and also the risk of not receiving any contingent quarterly coupons during the term of the securities. In addition, investors will not participate in any appreciation of the underlying stocks and will not realize a return beyond the returns represented by the contingent quarterly coupons received, if any, during the term of the securities.

| November 2025 | Page3 |

| $10,073,000 Contingent Income Auto-Callable Securities due November 17, 2028                                                            |
| Based on the Worst Performing of the Common Stock of Apple Inc., the Common Stock of Amazon.com, Inc. and the Common Stock of Microsoft 
 Corporation                                                                                                                             
 Principal at Risk Securities                                                                                                            |

Key Investment Rationale The securities offer the opportunity for investors to earn a contingent quarterly coupon equal to $30.05 (equivalent to 12.02% per annum of the stated principal amount) per security, with respect to each determination date on which the closing prices or the final share prices, as applicable, of allof the underlying stocks are greater than or equal to60.00% of their respective initial share prices, which we refer to as the coupon threshold prices. The securities may be redeemed prior to maturity at a price equal to the early redemption payment, which will be (i) the stated principal amount per security plus(ii) the contingent quarterly coupon otherwise payable with respect to the applicable determination date. The payment at maturity will vary depending on the final share prices, as follows:

|   | Scenario 1                                                                                                                                                                                 |     | On any of the determination dates other than the final determination date, the closing prices of all of the underlying stocks are greater than or 
 equal to their respective call threshold