Company: TDBCP
Filing Date: 2025-07-18
Form Type: 424B2
Source: 0001140361-25-026366
Chunk: 14

Company: TORONTO DOMINION BANK
Filing Date: 2025-07-18
Form: 424B2
Chunk 14
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 amounts due under the terms of the Notes. Risks Relating to Canadian and U.S. Federal Income Taxation Significant Aspects of the Tax Treatment of the Notes Are Uncertain. The U.S. tax treatment of the Notes is uncertain. Please read carefully the section entitled “Material U.S. Federal Income Tax Consequences” herein and in the product supplement. You should consult your tax advisor as to the tax consequences of your investment in the Notes. For a discussion of the Canadian federal income tax consequences of investing in the Notes, please see the discussion in the prospectus under “Tax Consequences — Canadian Taxation” and in the product supplement under “Supplemental Discussion of Canadian Tax Consequences” and the further discussion herein under “Summary”. If you are not a Non-resident Holder (as that term is defined in the prospectus) for Canadian federal income tax purposes or if you acquire the Notes in the secondary market, you should consult your tax advisors as to the consequences of acquiring, holding and disposing of the Notes and receiving the payments that might be due under the Notes.

| TD SECURITIES (USA) LLC | P-11 |

Hypothetical Returns The examples set out below are included for illustration purposes only and are hypothetical examples only; amounts below may have been rounded for ease of analysis. The hypothetical Initial Values, Closing Values, Final Values andPercentage Changes of the Reference Assets used to illustrate the calculation of whether a Contingent Interest Payment is payable on a Contingent Interest Payment Date and the Payment at Maturity are not estimates or forecasts of the actual Initial Value, Closing Value or Final Value of any Reference Asset, or the value of any Reference Asset on any Trading Day prior to the Maturity Date. All examples assume, for Reference Asset A, Reference Asset B and Reference Asset C, respectively, Initial Values of $200.00, $200.00 and $300.00, Call Threshold Values of $200.00, $200.00 and $300.00 (each 100.00% of its Initial Value), Contingent Interest Barrier Values of $100.00, $100.00 and $150.00 (each 50.00% of its Initial Value), Barrier Values of $100.00, $100.00 and $150.00 (each 50.00% of its Initial Value), a Contingent Interest Payment of $48.875 per Note (reflecting the Contingent Interest Rate of 19.55% per annum), that