Company: TDBCP
Filing Date: 2025-03-07
Form Type: 424B2
Source: 0001140361-25-007571
Chunk: 1

Company: TORONTO DOMINION BANK
Filing Date: 2025-03-07
Form: 424B2
Chunk 1
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 supplement. The estimated value is expected to be less than the public offering price of the Notes. The Notes are unsecured and are not savings accounts or insured deposits of a bank. The Notes are not insured or guaranteed by the Canada Deposit Insurance Corporation, the U.S. Federal Deposit Insurance Corporation or any other governmental agency or instrumentality.The Notes will not be listed or displayed on any securities exchange or any electronic communications network. The Notes have complex features and investing in the Notes involves a number of risks. See “Additional Risk Factors” beginning on page P-3 of this pricing supplement, “Additional Risk Factors Specific to the Notes” beginning on page PS-7 of the product supplement MLN-ES-ETF-1 dated February 26, 2025, (the “product supplement”) and “Risk Factors” on page 1 of the prospectus dated February 26, 2025 (the “prospectus”). Neither the U.S. Securities and Exchange Commission (the “SEC”) nor any state securities commission has approved or disapproved of these Notes or determined that this pricing supplement, the product supplement or the prospectus is truthful or complete. Any representation to the contrary is a criminal offense.

|          | Public Offering Price1 | Underwriting Discount1 2 | Proceeds to TD2 |
| Per Note |              $1,000.00 |                    $1.00 |         $999.00 |
| Total    |                     $• |                       $• |              $• |

1The public offering price for investors purchasing the Notes in fiduciary accounts may be as low as $999.00 (99.90%) per Note. 2TD Securities (USA) LLC (“TDS” or the “Agent”) will receive a commission of $1.00 per Note sold in this offering. J.P. Morgan Securities LLC, which we refer to as JPMS LLC, and JPMorgan Chase Bank, N.A. will act as placement agents for the Notes and, from the commission to TDS, will receive a placement fee of $1.00 for each Note they sell in this offering to accounts other than fiduciary accounts. TDS and the placement agents will forgo a commission and placement fee for sales to fiduciary accounts. See “Supplemental Plan of Distribution (Conflicts of Interest)” in this pricing supplement for additional information. The public offering price, underwriting discount and proceeds to TD listed above relate to the Notes we issue initially. We may decide to sell additional Notes