Company: TDBCP
Filing Date: 2025-07-21
Form Type: 424B2
Source: 0001140361-25-026582
Chunk: 10

Company: TORONTO DOMINION BANK
Filing Date: 2025-07-21
Form: 424B2
Chunk 10
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 subject to our credit risk, and actual or perceived changes in our creditworthiness are expected to affect the value of the notes. If we become unable to meet our financial obligations as they become due, 
 you may lose some or all of your investment.                                                                                                                                                                                           |

Tax-Related Risks

| ◾ | The U.S. federal income tax consequences of the notes are uncertain and, because of this uncertainty, there is a risk that the U.S. federal income tax consequences of the notes could differ materially and adversely from the         
 treatment described below in “Supplemental Discussion of U.S. Federal Income Tax Consequences”, as described further in product supplement EQUITY STR-1 under “Material U.S. Federal Income Tax Consequences — Alternative Treatments”. 
 You should consult your tax advisor as to the tax consequences of an investment in the notes and the potential alternative treatments.                                                                                                  |

| ◾ | 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 EQUITY STR-1 under      
 “Supplemental Discussion of Canadian Tax Consequences” and the further discussion herein under “Summary of Canadian Federal Income Tax Consequences”. 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.                                                                                                                                                                                                              |

Other Terms of the Notes Market Measure Business Day The following definition shall supersede and replace the definition of a “Market Measure Business Day” set forth in product supplement EQUITY STR-1. A “Market Measure Business Day” means a day on which: (A) the Eurex (or any successor) is open for trading; and (B) the Index or any successor thereto is calculated and published.

| Autocallable Strategic Accelerated Redemption Securities® | TS-8 |

The Index All disclosures contained in this term sheet regarding the Index, including, without limitation, its make-up, method of calculation, and changes in its components, have been derived from publicly available sources. The information reflects the policies of, and is subject to change by, STOXX Limited (“STOXX” or the “Index sponsor”) .The Index sponsor, which licenses the copyright