Company: TDBCP
Filing Date: 2025-08-21
Form Type: 424B2
Source: 0001140361-25-032200
Chunk: 10

Company: TORONTO DOMINION BANK
Filing Date: 2025-08-21
Form: 424B2
Chunk 10
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 index. In such circumstances, the amount you receive at maturity will be less than 75% of the stated principal amount and you may lose your entire investment in the securities. The securities will not pay a contingent quarterly coupon if the index closing value of any underlying index on any determination date is less than its downside threshold level. The securities will not be automatically redeemed with respect to any determination date in respect of which an automatic call may occur unless the index closing value of each underlying index on the relevant determination date is greater than or equal to its respective call threshold level. You will be exposed to the market risk of each underlying index on each determination date (including the final determination date) and any decline in the level of one underlying index may negatively affect your return and will not be offset or mitigated by a lesser decline or any potential increase in the level of any other underlying index. Any payment to be made on the securities, including any repayment of principal, is dependent on TD’s ability to pay all amounts due on the securities and, therefore, investors are subject to the credit risk of TD. If TD becomes unable to meet its financial obligations as they become due, investors may not receive any amounts due under the terms of the securities.

| August 2025 | Page10 |

| $6,410,000 Contingent Income Auto-Callable Securities due August 25, 2027                           |
| Based on the Worst Performing of the Nikkei 225®Index, the Russell 2000®Index and the S&P 500®Index 
 Principal at Risk Securities                                                                        |

Risk Factors The securities involve risks not associated with an investment in conventional debt securities. This section describes the most significant risks relating to the terms of the securities. For additional information as to these and other risks, please see “Additional Risk Factors Specific to the Notes” in the product supplement and “Risk Factors” in the prospectus. Investors should consult their investment, legal, tax, accounting and other advisors as to the risks entailed by an investment in the securities and the suitability of the securities in light of their particular circumstances. Risks Relating to Return Characteristics

| ■ | Risk of significant loss at maturity.The securities differ from ordinary debt securities in that TD will not necessarily repay the stated principal amount of the securities at maturity. If the                                                                          
 securities are not redeemed prior to maturity, TD will repay you the stated principal amount of your securities in cash only if the final index values ofallof the underlying indices are greater                                                                         
 than or equal to their respective