Company: TDBCP
Filing Date: 2025-07-07
Form Type: 424B2
Source: 0001140361-25-025012
Chunk: 0

Company: TORONTO DOMINION BANK
Filing Date: 2025-07-07
Form: 424B2
Chunk 0
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The information in this pricing supplement is not complete and may be changed. This pricing supplement is not an offer to sell nor does it seek an offer to buy these notes in any state where the offer or sale is not permitted. Subject to Completion. Dated July 7, 2025. Filed Pursuant to Rule 424(b)(2) Registration Statement No. 333-283969

| The Toronto-Dominion Bank                                                                         
 $                                                                                                 
 Autocallable Contingent Coupon Barrier Notes Linked to the Common Stock of Best Buy Co., Inc. Due |

The amount that you will be paid, if anything, on the notes is based on the performance of the common stock of Best Buy Co., Inc. (the “reference asset”). If the closing price of the reference asset on any contingent coupon observation date is less than 65.00% of the initial price (the “contingent coupon barrier price”), you will not receive the contingent coupon payment on the corresponding contingent coupon payment date.The notes will mature on the maturity date (expected to be approximately 12 to 14 months after the pricing date) unless they are automatically called on any call observation date (the contingent coupon observation dates commencing on the contingent coupon observation date that is approximately 3 months after the pricing date to and including the contingent coupon observation date that is approximately 9 months after the pricing date). The notes will be automatically called if the closing price of the reference asset is equal to or greater thanthe initial price on any call observation date. If the notes are automatically called, on the first following contingent coupon payment date, we will pay a cash payment per note equal to the principal amount, plus the contingent coupon payment otherwise due (as described below). No further amounts will be owed under the notes. Contingent coupon observation dates will be specified dates that are expected to be approximately 3 months, 6 months, 9 months and 12 to 14 months after the pricing date. If on any contingent coupon observation date the closing price of the reference asset is equal to or greater thanthe contingent coupon barrier price, you will receive on the applicable contingent coupon payment date a contingent coupon payment per note equal to the product of(a) the quotient ofthe number of months from the immediately preceding contingent coupon observation date (or the pricing date, in the case of the first contingent coupon observation date) to such contingent coupon observation date divided by12 times(b) between $134.30 and $157.90 (the potential for up to between