Company: TDBCP
Filing Date: 2025-11-12
Form Type: 424B2
Source: 0001140361-25-041482
Chunk: 17

Company: TORONTO DOMINION BANK
Filing Date: 2025-11-12
Form: 424B2
Chunk 17
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othetical starting price:                                                            |     $100.00 |       $100.00 |      $100.00 |     $100.00 |
| Hypothetical stock closing price on hypothetical calculation day #1:                    |      $90.00 |        $95.00 |       $60.00 |      $85.00 |
| Hypothetical coupon threshold price:                                                    |      $60.00 |        $60.00 |       $60.00 |      $60.00 |
| Performance factor (stock closing price on calculation day #1divided bystarting price): |      90.00% |        95.00% |       60.00% |      85.00% |

Step 1: Determine which Underlying Stock is the lowest performing Underlying Stock on hypothetical calculation day #1. In this example, the Class A common stock of Alphabet Inc. has the lowest performance factor and is, therefore, the lowest performing Underlying Stock on hypothetical calculation day #1. Step 2: Determine whether a contingent coupon payment will be paid and whether the securities will be automatically called on the applicable contingent coupon payment date. Since the hypothetical stock closing price of the lowest performing Underlying Stock on hypothetical calculation day #1 is greater than or equal to its coupon threshold price, but less than its starting price, you would receive a contingent coupon payment on the applicable contingent coupon payment date and the securities would not be automatically called. The contingent coupon payment would be equal to $13.92 per security, determined as follows: (i) $1,000 multiplied by16.70% per annum divided by(ii) 12, rounded to the nearest cent. Example 2. The stock closing price of the lowest performing Underlying Stock on hypothetical calculation day #2 is less than its coupon threshold price. As a result, investors do not receive a contingent coupon payment on the applicable contingent coupon payment date and the securities are not automatically called.

|                                                                                         |  The common 
    stock of 
 Amazon.com, 
        Inc. |    The common 
      stock of 
 Broadcom Inc. |     The Class A 
    common stock 
 of AlphabetInc. |  The common 
    stock of 
   Microsoft 
 Corporation |
| Hypothetical starting price:                                                            |     $100.00 |       $100.00 |         $100.00 |     $100.00 |
| Hypothetical stock closing price on hypothetical calculation day #2:                    |