Company: TDBCP
Filing Date: 2025-05-02
Form Type: 424B2
Source: 0001140361-25-017031
Chunk: 2

Company: TORONTO DOMINION BANK
Filing Date: 2025-05-02
Form: 424B2
Chunk 2
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 Factors” and “Structuring the Notes” herein.

| Terms of the Notes |

| Issuer:            |     | The Toronto-Dominion Bank (“TD”)                                                                                                                                |
| Principal Amount:  |     | $10.00 per unit                                                                                                                                                 |
| Term:              |     | Approximately 14 months                                                                                                                                         |
| Market Measure:    |     | The Russell 2000®Index (Bloomberg symbol: “RTY”), a price return index                                                                                          |
| Starting Value:    |     | The closing level of the Market Measure on the pricing date                                                                                                     |
| Ending Value:      |     | The average of the closing levels of the Market Measure on each calculation day occurring during the Maturity Valuation Period. The scheduled                   
 calculation days are subject to postponement in the event of Market Disruption Events, as described beginning on page PS-25 of product supplement EQUITY ARN-1. |
| Participation      
 Rate:              |     | 300.00%                                                                                                                                                         |
| Capped Value:      |     | [$11.70 to $12.10] per unit, which represents a return of [17.00% to 21.00%] over the principal amount. The actual Capped Value will be determined              
 on the pricing date.                                                                                                                                            |
| Maturity Valuation 
 Period:            |     | Five scheduled calculation days shortly before the maturity date.                                                                                               |
| Fees and           
 Charges:           |     | The underwriting discount of $0.175 per unit listed on the cover page and the hedging related charge of $0.05 per unit described in “Structuring                
 the Notes” on page TS-12.                                                                                                                                       |
| Calculation        
 Agents:            |     | BofA Securities, Inc. (“BofAS”) and TD, acting jointly.                                                                                                         |

| Redemption Amount Determination |

| On the maturity date, you will receive a cash payment per unit determined as follows: |

| Accelerated Return Notes® | TS-2 |

| Accelerated Return Notes®                       
 Linked to the Russell 2000®Index due July, 2026 |

The terms and risks of the notes are contained in this term sheet and in the following:

http://www.sec.gov/Archives/edgar/data/947263/000114036125006811/ef20044441_424b3.htm

http://www.sec.gov/Archives/edgar/data/947263/000119312525036