Company: TDBCP
Filing Date: 2025-10-02
Form Type: 424B2
Source: 0001140361-25-037077
Chunk: 4

Company: TORONTO DOMINION BANK
Filing Date: 2025-10-02
Form: 424B2
Chunk 4
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 the pricing date that is lower than the original offering price; |

| seek current income; |

| are unwilling to accept the risk of exposure to the Index; |

| seek exposure to the Index but are unwilling to accept the risk/return trade-offs inherent in the maturity payment amount for the securities; |

| are unwilling to accept the credit risk of the Bank; or |

| prefer the lower risk of conventional fixed income investments with comparable maturities issued by companies with comparable credit ratings. |

The considerations identified above are not exhaustive. Whether or not the securities are anappropriate investment for you will depend on your individual circumstances, and you should reach an investment decision only after you and your investment, legal, tax, accounting and other advisors have carefully considered theappropriateness of an investment in the securities in light of your particular circumstances. You should also review carefully the “Selected Risk Considerations” herein and the “Risk Factors” in the accompanying product supplement for risks related to an investment in the securities. For more information about the Index, please see the section titled “Information RegardingThe Index ” below.

P-6

| Determining Payment at Stated Maturity |

On the stated maturity date, you will receive a cash payment per security (the maturity payment amount) calculated as follows:

P-7

| Selected Risk Considerations |

The securities have complex features and investing in the securities will involve risks not associated with an investment in conventional debt securities. Some of the risks that apply to an investment in the securities are summarized below, but we urge you to read the more detailed explanation of the risks relating to the securities generally in the “Risk Factors” section of the accompanying product supplement. You should reach an investment decision only after you have carefully considered with your advisors the appropriateness of an investment in the securities in light of your particular circumstances. Risks Relating To The Securities Generally If The Ending Level Is Less Than The Threshold Level, You Will Lose Some, And Possibly Up To 90%, Of The Face Amount Of Your Securities At Maturity. We will not repay you a fixed amount on the securities on the stated maturity date. The maturity payment amount will depend on the direction of and percentage change in the ending level of the Index relative to the starting level and the other terms of the securities. Because the level of the Index will be subject to market fluctuations, the maturity payment amount may be more or less, and possibly significantly less, than the face amount of your securities. If the ending level is less than the threshold level, the maturity