Company: TDBCP
Filing Date: 2025-07-29
Form Type: 424B2
Source: 0001140361-25-027809
Chunk: 0

Company: TORONTO DOMINION BANK
Filing Date: 2025-07-29
Form: 424B2
Chunk 0
---
Filed Pursuant to Rule 424(b)(2) Registration Statement No. 333-283969

Pricing Supplement dated July 28, 2025 to the Product Supplement MLN-EI-1 dated February 26, 2025, Underlier Supplement dated February 26, 2025 and Prospectus dated February 26, 2025

| The Toronto-Dominion Bank                                                                                          
 $1,547,000                                                                                                         
 Contingent Absolute Return Buffer Notes Linked to the Least Performing of the Dow Jones Industrial Average®and the 
 S&P 500®Index Due August 2, 2027                                                                                   |

The Toronto-Dominion Bank (“TD” or “we”) has offered the Contingent Absolute Return Buffer Notes (the “Notes”) linked to the least performing of the Dow Jones Industrial Average ®and the S&P 500 ®Index (each, a “Reference Asset” and together, the “Reference Assets”). If the Final Value of each Reference Asset increases from its Initial Value, the Notes provide unleveraged participation in the positive return of the Least Performing Reference Asset. The “Least Performing Reference Asset” is the Reference Asset with the lowest “Percentage Change” which, for a Reference Asset, is the quotient, expressed as a percentage, of (i) its Final Value minusits Initial Value dividedby (ii) its Initial Value. If the Final Value of any Reference Asset is less than or equal to its Initial Value, but the Final Value of each Reference Asset is greater than or equal to its Buffer Value of 85.00% of its Initial Value, the Notes provide a positive return equal to the absolute value of the negative return of the Least Performing Reference Asset (the “Contingent Absolute Return”). If the Final Value of any Reference Asset is less than its Buffer Value, investors will not receive a Contingent Absolute Return and, instead, will lose 1% of the Principal Amount of the 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 Percentage of 15.00%, and may lose up to 85.00% of the Principal Amount of the Notes. Specifically, investors will lose 1% of the Principal Amount of the 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 Percentage, and may lose up to 85.00% of the Principal Amount of the Notes. Any payment