Company: TDBCP
Filing Date: 2025-05-13
Form Type: 424B3
Source: 0001140361-25-018576
Chunk: 1

Company: TORONTO DOMINION BANK
Filing Date: 2025-05-13
Form: 424B3
Chunk 1
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 Initial Value to its Final Value (the “Least Performing Reference Asset”).                                                                                                                                         |

| • | If the Final Value ofanyReference Asset is equal to orless thanits Initial Value but the Final Value ofeachReference Asset isgreater than or equal toits Buffer Value, investors will receive their Principal Amount at maturity. |

| • | If the Final Value ofanyReference Asset isless thanits Buffer Value, investors will suffer a percentage loss on their                         
 initial investment that is equal to the percentage decline of the Least Performing Reference Asset in excess of 25.00% (the “Buffer Amount”). |

If the Notes are not automatically called and the Final Value of any Reference Asset is less than its Buffer Value, investors will lose 1% of the Principal Amount ofthe Notes for each 1% that the Final Value of the Least Performing Reference Asset is less than its Initial Value in excess of the Buffer Amount, and may lose up to 75.00% of their Principal Amount. Any payments on the Notes are subject to our credit risk.

| The Notes do not pay periodic interest and do not guarantee the return of the Principal Amount. Investors are exposed to the market risk of each                                                                                             
 Reference Asset on each Call Observation Date and the Final Valuation Date and any decline in the value of one Reference Asset will not be offset or mitigated by a lesser decline or potential increase in the value of any other Reference 
 Asset. If the Notes are not automatically called and the Final Value of any Reference Asset is less than its Buffer Value, investors may lose up to 75.00% of their investment in the Notes. Any payments on the Notes are subject to our    
 credit risk.                                                                                                                                                                                                                                 |

The Notes are unsecured and are not savings accounts or insured deposits of a bank. The Notes are not insured or guaranteed by the Canada Deposit Insurance Corporation, the U.S. Federal Deposit Insurance Corporation or any other governmental agency or instrumentality of Canada or the United States. The Notes will not be listed or displayed on any securities exchange or electronic communications network. The Notes have complex features and investing in the Notes involves a number of risks. See “Additional Risk Factors” beginning on page P-7 of this pricing supplement, “Additional Risk Factors Specific to the Notes” beginning on page PS-7 of the product supplement MLN-ES-ETF-1 dated February 26, 2025 (the “product supplement”) and “Risk Factors” on page 1 of the prospectus dated February 26, 2025 (