Company: TDBCP
Filing Date: 2025-08-25
Form Type: 424B2
Source: 0001140361-25-032466
Chunk: 22

Company: TORONTO DOMINION BANK
Filing Date: 2025-08-25
Form: 424B2
Chunk 22
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, and is subject to change by S&P Dow Jones Indices LLC (its “Index Sponsor” or “S&P Dow Jones”). SPW is published by S&P Dow Jones, but S&P Dow Jones has no obligation to continue to publish SPW, and may discontinue publication of SPW at any time. SPW is determined, comprised and calculated by S&P Dow Jones without regard to this instrument. As discussed more fully in the underlier supplement under the heading “Indices — The S&P 500 ®Equal Weight Index”, SPW is an equal-weighted version of the S&P 500 ®Index. The S&P 500 ®Index consists of stocks of 500 companies selected to provide a performance benchmark for the U.S. equity markets. Select information regarding top constituents and industry and/or sector weightings may be made available by the Index Sponsor on its website. Historical Information The graph below illustrates the performance of SPW from August 22, 2015 through August 22, 2025. The dotted line represents its Contingent Interest Barrier Value and Barrier Value of 5,366.55, which is equal to 70.00% of its Initial Value. S&P 500 ®Equal Weight Index (SPW) PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

| TD SECURITIES (USA) LLC | P-19 |

Material U.S. Federal Income Tax Consequences The U.S. federal income tax consequences of your investment in the Notes are uncertain. No statutory, regulatory, judicial or administrative authority directly discusses the characterization for U.S. federal income tax purposes of securities with terms that are substantially the same as the Notes. Some of these tax consequences are summarized below, but we urge you to read the more detailed discussion under “Material U.S. Federal Income Tax Consequences” in the product supplement and to discuss the tax consequences of your particular situation with your tax advisor. This discussion is based upon the U.S. Internal Revenue Code of 1986, as amended (the “Code”), final, temporary and proposed U.S. Department of the Treasury (the “Treasury”) regulations, rulings and decisions, in each case, as available and in effect as of the date hereof, all of which are subject to change, possibly with retroactive effect. This discussion applies to you only if you are a U.S. holder, as defined in the product supplement. An investment in the Notes is not appropriate for non-U.S. holders and we will not attempt to ascertain the tax