Company: TDBCP
Filing Date: 2025-12-12
Form Type: 424B2
Source: 0001140361-25-045368
Chunk: 13

Company: TORONTO DOMINION BANK
Filing Date: 2025-12-12
Form: 424B2
Chunk 13
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| Canadian Tax Treatment: | Please see the discussion in the prospectus under “Tax Consequences — Canadian Taxation” and in the product supplement under “Supplemental Discussion of Canadian Tax Consequences”, which                                              
 applies to the Notes. We will not pay any additional amounts as a result of any withholding required by reason of the rules governing hybrid mismatch arrangements contained in section 18.4 of the Canadian Tax Act (as defined in the 
 prospectus).                                                                                                                                                                                                                            |
| Business Day:           | Any day that is a Monday, Tuesday, Wednesday, Thursday or Friday that is neither a legal holiday nor a day on which banking institutions are authorized or required by law to close in New                                              
 York City.                                                                                                                                                                                                                              |
| Calculation Agent:      | TD                                                                                                                                                                                                                                      |
| Listing:                | The Notes will not be listed or displayed on any securities exchange or electronic communications network.                                                                                                                              |
| Canadian Bail-in:       | The Notes are not bail-inable debt securities (as described in the prospectus) under the Canada Deposit Insurance Corporation Act.                                                                                                      |
| Change in Law Event:    | Not applicable, notwithstanding anything to the contrary in the product supplement.                                                                                                                                                     |

| TD SECURITIES (USA) LLC | P-7 |

Hypothetical Returns The examples and table set out below are included for illustration purposes only and are hypothetical examples only; amounts below may have been rounded for ease of analysis. The hypothetical Initial Level, Final Levels and Percentage Changes of the Reference Asset used to illustrate the calculation of the Payment at Maturity are not estimates or forecasts of the actual Initial Level, Final Level or the level of the Reference Asset on any Trading Day prior to the Maturity Date. All examples assume an Initial Level of 100.00, a Buffer Level of 85.00 (85.00% of the Initial Level), a Buffer Amount of 15.00%, a Downside Leverage Factor of approximately 1.1765, a Maximum Upside Return of 9.95% (which is the minimum Maximum Upside Return indicated herein), that a holder purchased Notes with a Principal Amount of $1,000 per Note and that no Market Disruption Event occurs on the Valuation Date. The actual terms of the Notes will be set forth on the cover page of the final pricing supplement.

| Example 1 — | Calculation of the Payment at Maturity where the Final Level is greater than or equal to the Initial Level and the Payment at Maturity is not subject to the