Company: TDBCP
Filing Date: 2025-12-02
Form Type: 424B2
Source: 0001140361-25-043963
Chunk: 14

Company: TORONTO DOMINION BANK
Filing Date: 2025-12-02
Form: 424B2
Chunk 14
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 | There can be no assurance that the investment view implicit in the securities will be successful.It is impossible to predict whether and the extent to which the levels of the underlying indices                                                 
 will rise or fall and there can be no assurance that the index closing value ofeachunderlying index on any determination date will be greater than or equal to its coupon threshold level, or, if the                                             
 securities are not redeemed prior to maturity, that the final index value ofeachunderlying index on the final valuation date will be greater than or equal to its downside threshold level. The levels                                            
 of the underlying indices will be influenced by complex and interrelated political, economic, financial and other factors that affect the index constituent stock issuers. You should be willing to accept the risks associated with the relevant 
 markets tracked by each underlying index in general and each index’s index constituent stocks in particular, and the risk of losing a significant portion or all of your investment in the securities.                                            |

| November 2025 | Page12 |

| $4,957,000 Contingent Income Auto-Callable Securities due December 2, 2027                           |
| Based on the Worst Performing of the Nasdaq-100 Index®, the Russell 2000®Index and the S&P 500®Index 
 Principal at Risk Securities                                                                         |

| ■ | The securities are subject to small-capitalization stock risks.The securities are linked to the Russell 2000®Index, which is comprised of index constituent stocks issued by                                                                      
 small-capitalization companies and, therefore, are subject to risks associated with small-capitalization companies. These companies often have greater stock price volatility, lower trading volume and less liquidity than large-capitalization  
 companies and therefore the underlying index may be more volatile than an index of which a greater percentage of its index constituent stocks are issued by large-capitalization companies. Stock prices of small-capitalization companies are    
 also more vulnerable than those of large-capitalization companies to adverse business and economic developments, and the stocks of small-capitalization companies may be thinly traded. In addition, small-capitalization companies are typically 
 less stable financially than large-capitalization companies and may depend on a small number of key personnel, making them more vulnerable to loss of personnel. Small-capitalization companies are often given less analyst coverage and may be  
 in early, and less predictable, periods of their corporate existences. Such companies tend to have smaller revenues, less diverse product lines, smaller shares of their product or service markets, fewer financial resources and less           
 competitive strengths than large-capitalization companies