Company: TDBCP
Filing Date: 2025-06-18
Form Type: 424B2
Source: 0001140361-25-022902
Chunk: 3

Company: TORONTO DOMINION BANK
Filing Date: 2025-06-18
Form: 424B2
Chunk 3
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 Index (Bloomberg symbol: “NKY”), the Swiss Market Index®(Bloomberg symbol: “SMI”), the S&P/ASX 200 Index (Bloomberg symbol: “AS51”) and the FTSE®China 50 
 Index (Bloomberg symbol: “XIN0I”). Each Basket Component is a price return index.                                                                                                                             |
| Starting      
 Value:        |     | The Starting Value will be set to 100.00 on the pricing date                                                                                                                                                  |
| Ending        
 Value:        |     | The value of the Market Measure on the calculation day. The scheduled calculation day is subject to postponement in the event of Market                                                                       
 Disruption Events, as described beginning on page PS-29 of product supplement EQUITY SUN-1                                                                                                                    |
| Participation 
 Rate:         |     | [120.00% to 130.00%] The actual Participation Rate will be determined on the pricing date.                                                                                                                    |
| Step Up       
 Value:        |     | 116.00% of the Starting Value. The actual Step Up Value will be determined on the pricing date.                                                                                                               |
| Step Up       
 Payment:      |     | $1.60 per unit, which represents a return of 16.00% over the principal amount. The actual Step Up Payment will be determined on the pricing date.                                                             |
| Threshold     
 Value:        |     | 100% of the Starting Value.                                                                                                                                                                                   |

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

| Market-Linked Step Up Notes | TS-2 |

| Market-Linked Step Up NotesLinked to an International Equity Index Basket due June , 2027 |

| Calculation 
 Day:        |     | Approximately the fifth scheduled Market Measure Business Day immediately preceding the maturity date.                                              |
| Fees and    
 Charges:    |     | The underwriting discount of $0.20 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-33.                                                                                                                               |
| Calculation 
 Agents:     |     | BofA Securities, Inc. (“BofAS”) and TD, acting jointly.                                                                                             |

| Market-Linked Step Up Notes | TS-3 |

| Market-Linked Step Up NotesLinked to an International Equity Index Basket due June , 2027 |

The terms and risks of the notes are contained in this