Exhibit 99.1

 

World Omni Auto Receivables Trust 2022-B      
Monthly Servicer Certificate      
August 31, 2025      

 

Dates Covered         
Collections Period  08/01/25 - 08/31/25         
Interest Accrual Period  08/15/25 - 09/14/25         
30/360 Days  30         
Actual/360 Days  31         
Distribution Date  09/15/25         
             
Collateral Pool Balance Data  $ Amount   # of Accounts     
Pool Balance at 07/31/25  188,515,387.91   14,707     
Yield Supplement Overcollateralization Amount 07/31/25  8,384,282.33   0     
Receivables Balance 07/31/25  196,899,670.24   14,707     
Principal Payments  10,373,918.91   322     
Defaulted Receivables  256,750.29   18     
Repurchased Accounts  0.00   0     
Yield Supplement Overcollateralization Amount at 08/31/25  7,691,791.96   0     
Pool Balance at 08/31/25  178,577,209.08   14,367     
             
Pool Statistics  $ Amount   # of Accounts     
Pool Factor  17.18%        
Prepayment ABS Speed  1.08%        
Aggregate Starting Principal Balance  1,083,969,917.66   44,920     
             
Delinquent Receivables:            
Past Due 31-60 days  5,089,020.22   278     
Past Due 61-90 days  1,295,262.40   75     
Past Due 91-120 days  384,998.07   22     
Past Due 121+ days  0.00   0     
Total  6,769,280.69   375     
             
Total 31+ Delinquent as % Aggregate Ending Principal Balance  3.63%        
Total 61+ Delinquent as % Aggregate Ending Principal Balance  0.90%        
Delinquency Trigger Occurred  NO         
             
Recoveries  305,752.25         
Aggregate Net Losses/(Gains) - August 2025  (49,001.96)        
Ratio of Net Loss/(Gain) to the Receivables Balance as of beginning of Collection Period (Annualized):            
Current Net Losses/(Gains) Ratio  -0.30%        
Prior Net Losses/(Gains) Ratio  -0.25%        
Second Prior Net Losses/(Gains) Ratio  0.59%        
Third Prior Net Losses/(Gains) Ratio  0.01%        
Four Month Average  0.01%        
             
Cumulative Net Loss as a % of Aggregate Starting Principal Balance  0.57%        
             
Overcollateralization Target Amount  4,915,858.40         
Actual Overcollateralization  4,915,858.40         
Weighted Average Contract Rate  4.65%        
Weighted Average Contract Rate, Yield Adjusted  8.37%        
Weighted Average Remaining Term  28.45         
             
Flow of Funds  $ Amount         
Collections  11,431,211.74         
Investment Earnings on Cash Accounts  19,138.51         
Servicing Fee  (164,083.06)        
Transfer to Collection Account  -         
Available Funds  11,286,267.19         
             
Distributions of Available Funds            
    (1)  Asset Representation Reviewer Amounts (up to $150,000 per year)  -         
    (2)  Class A Interest  391,642.31         
    (3)  Noteholders' First Priority Principal Distributable Amount  -         
    (4)  Class B Interest  87,516.67         
    (5)  Noteholders' Second Priority Principal Distributable Amount  -         
    (6)  Class C Interest  44,987.50         
    (7)  Noteholders' Third Priority Principal Distributable Amount  5,022,320.43         
    (8)  Required Reserve Account  -         
    (9)  Noteholders' Principal Distributable Amount  4,915,858.40         
   (10)  Asset Representation Reviewer Amounts (in excess of 1)  -         
   (11)  Distribution to Certificateholders  823,941.88         
             
Total Distributions of Available Funds  11,286,267.19         
             
Servicing Fee  164,083.06         
Unpaid Servicing Fee  -         
Change in amount of the unpaid servicing fee from the prior period  -         

 

 

 

 

Note Balances & Note Factors  $ Amount         
Original Class A  938,920,000.00         
Original Class B  29,500,000.00         
Original Class C  14,750,000.00         
             
Total Class A, B, & C            
Note Balance @ 08/15/25  183,599,529.51         
Principal Paid  9,938,178.83         
Note Balance @ 09/15/25  173,661,350.68         
             
Class A-1            
Note Balance @ 08/15/25  0.00         
Principal Paid  0.00         
Note Balance @ 09/15/25  0.00         
Note Factor @ 09/15/25  0.0000000%        
             
Class A-2a            
Note Balance @ 08/15/25  0.00         
Principal Paid  0.00         
Note Balance @ 09/15/25  0.00         
Note Factor @ 09/15/25  0.0000000%        
             
Class A-2b            
Note Balance @ 08/15/25  0.00         
Principal Paid  0.00         
Note Balance @ 09/15/25  0.00         
Note Factor @ 09/15/25  0.0000000%        
             
Class A-3            
Note Balance @ 08/15/25  49,429,529.51         
Principal Paid  9,938,178.83         
Note Balance @ 09/15/25  39,491,350.68         
Note Factor @ 09/15/25  14.8463724%        
             
Class A-4            
Note Balance @ 08/15/25  89,920,000.00         
Principal Paid  0.00         
Note Balance @ 09/15/25  89,920,000.00         
Note Factor @ 09/15/25  100.0000000%        
             
Class B            
Note Balance @ 08/15/25  29,500,000.00         
Principal Paid  0.00         
Note Balance @ 09/15/25  29,500,000.00         
Note Factor @ 09/15/25  100.0000000%        
             
Class C            
Note Balance @ 08/15/25  14,750,000.00         
Principal Paid  0.00         
Note Balance @ 09/15/25  14,750,000.00         
Note Factor @ 09/15/25  100.0000000%        
             
Interest & Principal Payments  $ Amount         
Total Interest Paid  524,146.48         
Total Principal Paid  9,938,178.83         
Total Paid  10,462,325.31         
             
Class A-1            
Coupon  1.54800%        
Interest Paid  0.00         
Principal Paid  0.00         
Total Paid to A-1 Holders  0.00         
             
Class A-2a            
Coupon  2.77000%        
Interest Paid  0.00         
Principal Paid  0.00         
Total Paid to A-2a Holders  0.00         
             
Class A-2b            
One-Month SOFR  4.34270%        
Coupon  4.91270%        
Interest Paid  0.00         
Principal Paid  0.00         
Total Paid to A-2b Holders  0.00         
             
Class A-3            
Coupon  3.25000%        
Interest Paid  133,871.64         
Principal Paid  9,938,178.83         
Total Paid to A-3 Holders  10,072,050.47         
             
Class A-4            
Coupon  3.44000%        
Interest Paid  257,770.67         
Principal Paid  0.00         
Total Paid to A-4 Holders  257,770.67         
             
Class B            
Coupon  3.56000%        
Interest Paid  87,516.67         
Principal Paid  0.00         
Total Paid to B Holders  87,516.67         
             
Class C            
Coupon  3.66000%        
Interest Paid  44,987.50         
Principal Paid  0.00         
Total Paid to C Holders  44,987.50         

 

 

 

 

Distribution per $1,000 of Notes  Total          
Total Interest Distribution Amount  0.5331189         
Total Interest Carryover Shortfall  0.0000000         
Total Principal Distribution Amount  10.1083015         
Total Distribution Amount  10.6414204         
             
A-1 Interest Distribution Amount  0.0000000         
A-1 Interest Carryover Shortfall  0.0000000         
A-1 Principal Distribution Amount  0.0000000         
Total A-1 Distribution Amount  0.0000000         
             
A-2a  Interest Distribution Amount  0.0000000         
A-2a Interest Carryover Shortfall  0.0000000         
A-2a  Principal Distribution Amount  0.0000000         
Total A-2a  Distribution Amount  0.0000000         
             
A-2b Interest Distribution Amount  0.0000000         
A-2b Interest Carryover Shortfall  0.0000000         
A-2b  Principal Distribution Amount  0.0000000         
Total A-2b Distribution Amount  0.0000000         
             
A-3 Interest Distribution Amount  0.5032768         
A-3 Interest Carryover Shortfall  0.0000000         
A-3 Principal Distribution Amount  37.3615745         
Total A-3 Distribution Amount  37.8648513         
             
A-4 Interest Distribution Amount  2.8666667         
A-4 Interest Carryover Shortfall  0.0000000         
A-4 Principal Distribution Amount  0.0000000         
Total A-4 Distribution Amount  2.8666667         
             
B Interest Distribution Amount  2.9666668         
B Interest Carryover Shortfall  0.0000000         
B Principal Distribution Amount  0.0000000         
Total B Distribution Amount  2.9666668         
             
C Interest Distribution Amount  3.0500000         
C Interest Carryover Shortfall  0.0000000         
C Principal Distribution Amount  0.0000000         
Total C Distribution Amount  3.0500000         
             
Noteholders' First Priority Principal Distributable Amount  0.00         
Noteholders' Second Priority Principal Distributable Amount  0.00         
Noteholders' Third Priority Principal Distributable Amount  505.36         
Noteholders' Principal Distributable Amount  494.64         
             
Account Balances  $ Amount         
Reserve Account            
Balance as of 08/15/25  4,915,858.40         
Investment Earnings  17,734.19         
Investment Earnings Paid  (17,734.19)        
Deposit/(Withdrawal)  -         
Balance as of 09/15/25  4,915,858.40         
Change  -         
             
Required Reserve Amount  4,915,858.40         
             
Other Servicing Information  Current Month   Prior Month   Two Months Prior 
Principal Balance of Receivables extended during the Collection Period $1,491,239.99  $1,634,076.92   1,596,192.84 
Number of Extensions  85   92   86 
Ratio of extensions to Beginning of Period Receivables Balance  0.76%  0.79%  0.73%