Company: TDBCP
Filing Date: 2025-06-17
Form Type: 424B3
Source: 0001140361-25-022771
Chunk: 8

Company: TORONTO DOMINION BANK
Filing Date: 2025-06-17
Form: 424B3
Chunk 8
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 economy in                                |

PS-10

| economic factors such as growth of gross national product, rate of inflation, capital reinvestment, resources, and self-sufficiency. |

| In particular, many emerging nations are undergoing rapid change, involving the restructuring of economic, political, financial and legal systems. Regulatory and tax environments may be                                           
 subject to change without review or appeal, and many emerging markets suffer from underdevelopment of capital markets and tax systems. In addition, in some of these nations, issuers of the relevant securities face the threat of 
 expropriation                                                                                                                                                                                                                       |

| of their assets, and/or nationalization of their businesses. The economic and financial data about some of these countries may be unreliable. |

| • | Publicly Available Information.There is generally less publicly available information about foreign companies than about U.S. companies that are subject to the reporting                                                         
 requirements of the SEC. In addition, accounting, auditing, and financial reporting standards and requirements applicable to foreign companies in foreign countries may differ from those applicable to U.S. reporting companies. |

Unless otherwise set forth in the applicable term sheet, we and the agents do not control any Underlying Fund or any company whose securities are included in or held by any Market Measure and have not verified any disclosure made by any Market Measure Publisher or any of those companies.We, the agents, and/or our or their respective affiliates currently, or in the future may, engage in business with the Market Measure Publishers or any company whose securities are included in or held by a Market Measure, and we, the agents, and/or our or their respective affiliates may from time to time own securities of those companies. However, none of us, the agents, or any of our or their respective affiliates has the ability to control the actions of any of these companies or has undertaken any independent review of, or made any due diligence inquiry with respect to, any of these companies, unless (and only to the extent that) the securities of us, the agents, and/or our or their respective affiliates are represented or held by that Market Measure. In addition, unless otherwise set forth in the applicable term sheet, none of us, the agents, and/or any of our or their respective affiliates is responsible for the calculation of any Index, Underlying Fund or Underlying Index. Unless otherwise specified therein, any information in the applicable term sheet regarding the Market Measure is derived from publicly available information. You should make your own investigation into the Market Measure. Unless otherwise set forth in the applicable term sheet, none of