Company: TDBCP
Filing Date: 2025-06-09
Form Type: 424B2
Source: 0001140361-25-021920
Chunk: 14

Company: TORONTO DOMINION BANK
Filing Date: 2025-06-09
Form: 424B2
Chunk 14
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 each Call Observation Date), we will not pay the Contingent Interest Payment on any of the corresponding Contingent Interest Payment Dates and the Notes will not be automatically called. Because the Final Value is greater than or equal to the Barrier Value and Contingent Interest Barrier Value, on the Maturity Date we will pay you a cash payment equal to $1,030.125 per Note, reflecting your Principal Amount plus the applicable Contingent Interest Payment, for a total return of 3.0125% on the Notes.

| TD SECURITIES (USA) LLC | P-12 |

Example 3 — The Closing Value of the Reference Asset is Less Than the Contingent Interest Barrier Value on Each Contingent Interest Observation Date Prior to the Final Valuation Date, the Notes are NOT Automatically Called on Any Call Observation Date and the Final Value is Less Than the Contingent Interest Barrier Value and Barrier Value.

| Date                                                                                                      |     | Closing Value                                                                        |     |                      Payment (per Note) |
| First Contingent Interest Observation Date                                                                |     | $59.85 (less thanthe Contingent Interest Barrier Value and Call Threshold Value)     |     |                                   $0.00 |
| Second through Seventh Contingent Interest Observation Date and First through Sixth Call Observation Date |     | Various (allless thanthe Call Threshold Value and Contingent Interest Barrier Value) |     |                                   $0.00 |
| Final Valuation Date                                                                                      |     | $36.00 (less thanthe Contingent Interest Barrier Value and Barrier Value)            |     | $1,000 + ($1,000 × Percentage Change) = 
           $1,000 + ($1,000 × -60.00%) = 
                                 $400.00 
                   (Payment at Maturity) |
|                                                                                                           |     | Total Payment:                                                                       |     |                   $400.00 (60.00% loss) |

Because the Closing Value of the Reference Asset is less than the Contingent Interest Barrier Value on each Contingent Interest Observation Date prior to the Final Valuation Date (and therefore also less than the Call Threshold Value on each Call Observation Date), we will not pay the Contingent Interest Payment on any of the corresponding Contingent Interest Payment Dates and the Notes will not be automatically called. Because the Final Value is less than the Contingent Interest Barrier Value and Barrier Value, on the Maturity Date we will pay you a cash payment that is less than