Company: TDBCP
Filing Date: 2025-04-03
Form Type: 424B3
Source: 0001140361-25-012065
Chunk: 5

Company: TORONTO DOMINION BANK
Filing Date: 2025-04-03
Form: 424B3
Chunk 5
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 adversely affect the relevant securities markets.  The relevant foreign economies may differ from the U.S. economy in economic        
 factors such as growth of gross national product, rate of inflation, capital reinvestment, resources, and self-sufficiency.                                                                                                                      |

In particular, many emerging nations are undergoing rapid change, involving the restructuring of economic, political, financial and legal systems. Regulatory and tax environments may be subject to change without review or appeal, and many emerging markets suffer from underdevelopment of capital markets and tax systems. In addition, in some of these nations, issuers of the relevant securities face the threat of expropriation of their assets, and/or nationalization of their businesses. The economic and financial data about some of these countries may be unreliable. Additionally, the accounting, auditing and financial reporting standards and requirements applicable to foreign companies may differ from those applicable to U.S. companies.

| • | Publicly Available Information.There is generally less publicly available information about foreign companies than about U.S. companies that are subject to the reporting                                                 
 requirements of the SEC. In addition, accounting, auditing, and financial reporting standards and requirements applicable to companies in foreign countries may differ from those applicable to U.S. reporting companies. |

PS-7 We, the agents and our or their respective affiliates do not control any Underlying Company and have not verified any disclosure made by any Underlying Company.We, the agents and/or our or their respective affiliates currently, or in the future, may engage in business with any Underlying Company, and we, the agents and/or our or their respective affiliates may from time to time own securities of any Underlying Company. However, none of us, the agents or any of our or their respective affiliates has the ability to control any actions of any Underlying Company or has undertaken any independent review of, or made any due diligence inquiry with respect to, any Underlying Stock or any Underlying Company. Any information in the applicable term sheet regarding an Underlying Stock and an Underlying Company is derived from publicly available information. You should make your own investigation into any Underlying Stock and any Underlying Company. No Underlying Company will have any obligations relating to ARNs, and none of us, the agents or our or their respective affiliates will perform any due diligence procedures with respect to any Underlying Company.No Underlying Company will have any financial or legal obligation with respect to ARNs or the amounts to be paid to you, including any obligation to take our interests or the interests of holders of ARNs into consideration for any