道明银行美股招股说明书(2025-01-27版)

Pricing Supplement dated January 24, 2025 to theProduct Supplement MLN-EI-1 dated March 4, 2022,andProspectus dated March 4, 2022 The Toronto-Dominion Bank $1,376,000Autocallable Contingent Interest Barrier Notes Linked to the Least Performing of the Nasdaq-100Index®, the Russell2000®Index and the S&P 500®IndexDue January 28, 2027 The Toronto-Dominion Bank (“TD” or “we”) has offered the Autocallable Contingent Interest Barrier Notes (the “Notes”) linked to the leastperforming of the Nasdaq-100 Index®, the Russell 2000®Index and the S&P 500®Index(each, a “Reference Asset” and together, the“Reference Assets”). The Notes will pay a Contingent Interest Payment on a Contingent Interest Payment Date (including the Maturity Date) at a per annum rateof 9.25%(the “Contingent Interest Rate”)only if, on the related Contingent Interest Observation Date, the Closing Value of each ReferenceAsset is greater than or equal to its Contingent Interest Barrier Value, which is equal to 70.00% of its Initial Value. If, however, the ClosingValue of any Reference Asset is less than its Contingent Interest Barrier Value on a Contingent Interest Observation Date, no ContingentInterest Payment will accrue or be payable on the related Contingent Interest Payment Date. The Notes will be automatically called if, on anyCall Observation Date, the Closing Value of each Reference Asset is greater than or equal to its Call Threshold Value, which is equal to100.00% of its Initial Value. If the Notes are automatically called, on the first following Contingent Interest Payment Date (the “Call PaymentDate”), we will pay a cash payment per Note equal to the Principal Amount, plus any Contingent Interest Payment otherwise due. No furtheramounts will be owed under the Notes. If the Notes are not automatically called, the amount we pay at maturity, in addition to any ContingentInterest Payment otherwise due, if anything, will depend on the Closing Value of each Reference Asset on its Final Valuation Date (each, its“Final Value”) relative to its Barrier Value, which is equal to 70.00% of its Initial Value, calculated as follows: •If the Final Value of each Reference Asset is greater than or equal to its Barrier Value:the Principal Amount of $1,000•If the Final Value of any Reference Asset is less than its Barrier Value:the sum of (1) $1,000 plus (2) the product of (i) $1,000 times (ii) the Least Performing Percentage Change If the Notes are not automatically called and the Final Value of any Reference Asset is less than its Barrier Value, investors willsuffer a percentage loss on their initial investment that is equal to the percentage decline of the Reference Asset with the lowestPercentage Change from its Initial Value to its Final Value (the “Least Performing Reference Asset”). Specifically, investors willlose 1% of the Principal Amount of the Notes for each 1% that the Final Value of the Least Performing Reference Asset is less thanits Initial Value, and may lose the entire Principal Amount.Any payments on the Notes are subject to our credit risk. The Notes do not guarantee the payment of any Contingent Interest Payments or the return of the Principal Amount.Investors are exposed to the market risk of each Reference Asset on each Contingent Interest Observation Date(including the Final Valuation Date) and any decline in the value of one Reference Asset will not be offset or mitigatedby a lesser decline or potential increase in the value of any other Reference Asset. If the Final Value of any ReferenceAsset is less than its Barrier Value, investors may lose up to their entire investment in the Notes. Any payments on theNotes are subject to our credit risk. The Notes are unsecured and are not savings accounts or insured deposits of a bank. The Notes are not insured or guaranteed by theCanada Deposit Insurance Corporation, the U.S. Federal Deposit Insurance Corporation or any other governmental agency or instrumentalityof Canada or the United States. The Notes will not be listed or displayed on any securities exchange or electronic communications network. The Notes have complex features and investing in the Notes involves a number of risks. See “Additional Risk Factors” beginningon page P-8 of this pricing supplement, “Additional Risk Factors Specific to the Notes” beginning on page PS-7 of the productsupplement MLN-EI-1 dated March 4, 2022 (the “product supplement”)and “Risk Factors” on page 1 of the prospectus datedMarch 4, 2022 (the “prospectus”). Neither the Securities and Exchange Commission (the “SEC”) nor any state securities commission has approved or disapprovedof these Notes or determined that this pricing supplement, the product supplement or the prospectus is truthful or complete. Anyrepresentation to the contrary is a criminal offense. We will deliver the Notes in book-entry only form through the facilities of The Depository Trust Company on the Issue Date against paymentin immediately available funds. The estimated value of