Company: TDBCP
Filing Date: 2025-11-03
Form Type: 424B2
Source: 0001140361-25-040214
Chunk: 21

Company: TORONTO DOMINION BANK
Filing Date: 2025-11-03
Form: 424B2
Chunk 21
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 |     $100.00 |
| Hypothetical ending price:                                 |      $50.00 |       $115.00 |                  $105.00 |     $110.00 |
| Hypothetical coupon threshold price:                       |      $50.00 |        $50.00 |                   $50.00 |      $50.00 |
| Hypothetical downside threshold price:                     |      $50.00 |        $50.00 |                   $50.00 |      $50.00 |
| Performance factor (ending pricedivided bystarting price): |      50.00% |       115.00% |                  105.00% |     110.00% |

Step 1: Determine which Underlying Stock is the lowest performing Underlying Stock on the final calculation day. In this example, the common stock of Amazon.com, Inc. has the lowest performance factor and is, therefore, the lowest performing Underlying Stock on the final calculation day.

P-20

Step 2: Determine the maturity payment amount based on the ending price of the lowest performing Underlying Stock on the final calculation day. Since the hypothetical ending price of the lowest performing Underlying Stock on the final calculation day is less than its hypothetical starting price, but not by more than 50%, you would receive the face amount of your securities at maturity. In addition to any contingent coupon payments received during the term of the securities, on the stated maturity date you would receive $1,000 per security. In addition, because the hypothetical ending price of the lowest performing Underlying Stock on the final calculation day is greater than or equal to its coupon threshold price, you would receive a final contingent coupon payment on the stated maturity date and any previously unpaid contingent coupon payment(s). Example 3. The ending price of the lowest performing Underlying Stock on the final calculation day is less than its downside threshold price and its coupon threshold price, the maturity payment amount is less than the face amount of your securities at maturity and you do not receive a final contingent coupon payment or any previously unpaid contingent coupon payment(s):

|                                                            |  The common 
    stock of 
 Amazon.com, 
        Inc. |   The Class A 
        common 
      stock of 
 Alphabet Inc. |               The common 
 stock of Meta Platforms, 
                     Inc. |  The common 
    stock of 
      NVIDIA 
 Corporation |
| Hypothetical starting price:                               |     $100.00 |       $100.