Exhibit 99.1

 

World Omni Automobile Lease Securitization Trust 2025-A PAGE 1
MONTHLY SERVICER CERTIFICATE  
For the collection period ended 08/31/2025  

 

A.   DATES   Begin   End     # days  
   
1   Payment Date       9/15/2025        
2   Collection Period   8/1/2025   8/31/2025     31  
3   Monthly Interest Period-Actual   8/15/2025   9/14/2025     31  
4   Monthly Interest - Scheduled   8/15/2025   9/14/2025     30  

 

B.   SUMMARY                                                      

 

                    Principal Payment              
        Initial Balance     Beginning Balance     1st Priority     2nd Priority     Regular     Ending Balance     Note Factor  
5     Class A-1 Notes   130,000,000.00       -       -       -       -       -       0.0000000  
6     Class A-2a Notes   167,000,000.00       164,116,942.36       -       -       10,985,966.96       153,130,975.40       0.9169519  
7     Class A-2b Notes   153,000,000.00       150,358,635.81       -       -       10,064,987.69       140,293,648.12       0.9169519  
8     Class A-3 Notes   320,000,000.00       320,000,000.00       -       -       -       320,000,000.00       1.0000000  
9     Class A-4 Notes   69,590,000.00       69,590,000.00       -       -       -       69,590,000.00       1.0000000  
10     Total Class A Notes   839,590,000.00       704,065,578.17       -       -       21,050,954.65       683,014,623.52          
11     Class B Notes   57,110,000.00       57,110,000.00       -       -       -       57,110,000.00       1.0000000  
                                                             
12      Total Notes $ 896,700,000.00       761,175,578.17     $ 0.00     $ 0.00     $ 21,050,954.65       740,124,623.52          
                                                             
      Overcollateralization                                                      
13     Exchange Note   62,307,164.81       55,265,838.07                               54,002,780.79          
14     Series 2025-A Notes   79,445,582.01       104,655,884.94                               105,918,942.22          
                                                             
15     Total Overcollateralization   141,752,746.82       159,921,723.01                               159,921,723.01          
16     Total Target Overcollateralization $ 159,921,723.01       159,921,723.01                               159,921,723.01          

 

              Coupon Rate     Interest Pmt Due     Per $1000
Face Amount
    Principal
Payment Due
    Per $1000
Face Amount
    Interest
Shortfall
   
17     Class A-1 Notes       4.41800 %   0.00     0.0000000     0.00     0.0000000     0.00    
18     Class A-2a Notes       4.35000 %   594,923.92     3.5624187     10,985,966.96     65.7842333     0.00    
19     Class A-2b Notes   4.34270 % 4.73270 %   612,768.66     4.0050239     10,064,987.69     65.7842333     0.00    
20     Class A-3 Notes       4.42000 %   1,178,666.67     3.6833333     0.00     0.0000000     0.00    
21     Class A-4 Notes       4.49000 %   260,382.58     3.7416666     0.00     0.0000000     0.00    
22     Total Class A Notes             2,646,741.83     3.1524218     21,050,954.65     25.0728983     0.00    
23     Class B Notes       4.68000 %   222,729.00     3.9000000     0.00     0.0000000     0.00    
                                                 
24     Totals             2,869,470.83     3.2000344     21,050,954.65     23.4760284     0.00    
          Initial Balance     Beginning Balance                     Ending Balance    
25     Exchange Note Balance   976,145,582.01     865,831,463.11                       846,043,565.74    

 

      Reference Pool Balance Data   Initial     Current                  
26     Discount Rate     10.00 %     10.00 %                  
27     Aggregate Securitization Value     1,038,452,746.82       900,046,346.53                    
28     Aggregate Base Residual Value (Not Discounted)     753,302,967.59       692,610,957.98                    
                                         
      Turn-in Units     Units       Securitization Value     Percentage            
29     Vehicles Scheduled to Return in Current Month     40       135,913.53                    
30     Turn-in Ratio on Scheduled Terminations                     0.00 %          
                                         
            Units       Securitization Value                    
31     Securitization Value — Beginning of Period     29,951       921,097,301.18                    
32     Depreciation/Payments             (7,628,073.91 )                  
33     Gross Credit Losses     (73 )     (2,517,761.79 )                  
34     Early Terminations — Regular     (7 )     (253,706.65 )                  
35     Scheduled Terminations — Returned     (1 )     (22,962.42 )                  
36     Payoff Units & Lease Reversals     (351 )     (10,628,449.88 )                  
37     Repurchased Leases     -       -                    
                                         
38     Securitization Value - End of Period     29,519       900,046,346.53                    

 

 

 

 

World Omni Automobile Lease Securitization Trust 2025-A PAGE 2
MONTHLY SERVICER CERTIFICATE  
For the collection period ended 08/31/2025  

 

C.   SERVICING FEE              
                 
39   Servicing Fee Due     767,581.08          
                     
40   Unpaid Servicing Fees - Prior Collection Periods     0.00          
                     
41   Change in Servicing Fee Due - Current Collection Period vs. Prior Collection Period     (18,487.02 )        
                     
D.   RESERVE ACCOUNT                
                     
    Reserve Account Balances:                
42   Required Reserve Account Balance (0.50% of Initial Securitization Value)     5,192,263.73          
43   Beginning Reserve Account Balance     5,192,263.73          
44   Ending Reserve Account Balance     5,192,263.73          

 

E.   POOL STATISTICS                        
                             
    Delinquencies Aging Profile — End of Period   Units     Percentage     Securitization Value        
45   Total Active Units (Excluding Inventory)     29,066       98.65 %     884,597,370.93              
46   31 - 60 Days Delinquent     262       0.89 %     8,867,389.51              
47   61 - 90 Days Delinquent     119       0.40 %     4,169,698.43              
48   91 -120 Days Delinquent     18       0.06 %     637,145.09              
49   121+ Days Delinquent     -       -       -              
                                         
50   Total     29,465       100.00 %     898,271,603.96              
                                         
51   Total 61+ Delinquent as % End of Period Securitization Value                                 0.53 %
52   Delinquency Trigger Occurred                                 NO  
                                         
53   Prepayment Speed (1 Month)                                 0.34 %

 

    Current Period Net Residual Losses/(Gains) on Scheduled and Early Termination Units   Units     Amounts  
                 
54   Aggregate Securitization Value for Scheduled and Early Termination Units Terminated During Current Period     8       276,669.07  
55   Less: Aggregate Sales Proceeds, Recoveries & Expenses for Scheduled and Early Termination Units Received in Current Period             (242,016.13 )
56   Less: Excess Wear and Tear Received in Current Period             (103.00 ) 
57   Less: Excess Mileage Received in Current Period             (1,087.67 )
                     
58   Current Period Net Residual Losses/(Gains) - Scheduled and Early Termination Units             33,462.27
                     
    Current and Prior Period Net Residual Losses/(Gains) as a % of Beginning Securitization Value  (Annualized)                
59   Current Period Net Residual Losses/(Gains) Ratio             0.04 %
60   Prior Period Net Residual Losses/(Gains) Ratio             0.02 %
61   Second Prior Period Net Residual Losses/(Gains) Ratio             -0.02 %
62   Third Prior Period Net Residual Losses/(Gains) Ratio             -0.04 %
63   Four Month Average             0.00 %
                     
64   Beginning Cumulative Net Residual Losses/(Gains)             (12,181.19 )
65   Current Period Net Residual Losses/(Gains)             33,462.27
                     
66   Ending Cumulative Net Residual Losses/(Gains) - Scheduled and Early Termination Units             21,281.08
                     
67   Cumulative Net Residual Losses/(Gains) as a % of Aggregate Initial Securitization Value             0.00 %
                     
                     
    Credit Losses/(Gains):     Units       Amounts  
68   Aggregate Securitization Value on charged-off units     73       2,517,761.79  
69   Aggregate Liquidation Proceeds, Recoveries & Expenses on charged-off units             (1,665,390.65 )
                     
70   Current Period Net Credit Losses/(Gains)             852,371.14  
                     
    Current and Prior Period Net Credit Losses/(Gains) as a % of Beginning Securitization Value (Annualized)                
71   Current Period Net Credit Losses/(Gains) Ratio             1.11 %
72   Prior Period Net Credit Losses/(Gains) Ratio             1.09 %
73   Second Prior Period Net Credit Losses/(Gains) Ratio             0.60 %
74   Third Prior Period Net Credit Losses/(Gains) Ratio             0.35 %
75   Four Month Average             0.79 %
                     
76   Beginning Cumulative Net Credit Losses/(Gains)             2,052,112.08  
77   Current Period Net Credit Losses/(Gains)             852,371.14  
                     
78   Ending Cumulative Net Credit Losses/(Gains)             2,904,483.22  
                     
79   Cumulative Net Credit Losses/(Gains) as a % of Aggregate Initial Securitization Value             0.28 %

 

 

 

 

World Omni Automobile Lease Securitization Trust 2025-A PAGE 3
MONTHLY SERVICER CERTIFICATE  
For the collection period ended 08/31/2025  

 

F.   EXCHANGE NOTE COLLECTION ACCOUNT              
                   
    COLLECTED AMOUNTS        
           
80   Lease Payments Received     15,195,438.01          
81   Sales Proceeds, Recoveries & Expenses - Scheduled Terminations     30,924.00          
82   Liquidation Proceeds, Recoveries & Expenses     1,543,326.53          
83   Insurance Proceeds     122,064.12          
84   Sales Proceeds, Recoveries & Expenses - Early Terminations     212,282.80          
85   Payoff Payments     11,953,352.89          
86   All Other Payments Received     -          
                     
87   Collected Amounts     29,057,388.35          
                     
88   Investment Earnings on Collection Account     99,256.53          
                     
89   Total Collected Amounts - Available for Distribution     29,156,644.88          
                     
    DISTRIBUTIONS FROM EXCHANGE NOTE COLLECTION ACCOUNT                
                     
90   Servicing Fee     767,581.08          
91   Interest on the Exchange Note - to the Trust Collection Account     3,376,742.71          
92   Principal on the Exchange Note - to the Trust Collection Account     19,787,897.37          
93   Trust Collection Account Shortfall Amount - to the Trust Collection Account     5,197,840.35          
94   Remaining Funds Payable to Trust Collection Account     26,583.37          
                     
95   Total Distributions     29,156,644.88          
                     
G.   TRUST COLLECTION ACCOUNT                
                     
    AVAILABLE FUNDS                
                     
96   Available Funds     28,389,063.80          
                     
97   Investment Earnings on Reserve Account     18,807.99          
                   
98   Reserve Account Draw Amount     -           
                   
99   Total Available Funds - Available for Distribution     28,407,871.79          
                   
    DISTRIBUTIONS FROM TRUST COLLECTION ACCOUNT                
                   
100   Administration Fee     38,379.05          
101   Asset Representation Reviewer Amounts (up to $150,000 per year)     -           
102   Class A Noteholders' Interest Distributable Amount     2,646,741.83          
103   Noteholders' First Priority Principal Distributable Amount     -           
104   Class B Noteholders' Interest Distributable Amount     222,729.00          
105   Noteholders' Second Priority Principal Distributable Amount     -          
106   Amount to Reinstate Reserve Account to Required Reserve Account Balance     -          
107   Noteholders' Regular Principal Distributable Amount     21,050,954.65          
108   Asset Representation Reviewer Amounts (in excess of $150,000 per year)     -          
109   Remaining Funds Payable to Certificate holder     4,449,067.26          
                     
110   Total Distributions     28,407,871.79          
                     
    COMPLIANCE WITH EUROPEAN UNION RISK RETENTION RULES                

 

World Omni Financial Corp. (“World Omni”), as “originator” for the purposes of the EU Securitization Rules (as defined in the Indenture), continues to retain, a material net economic interest (the “EU Retained Interest”), in the form of retention of a first loss tranche as described in option (d) of Article 6(3)  of the EU Securitization Regulation, by holding (i) all the limited liability company interests in World Omni Auto Leasing LLC (“WOAL”), which in turn retains the Certificates (as defined in the Indenture) issued by World Omni Automobile Lease Securitization Trust 2025-A, and (ii) the residual interest in the 2025-A Reference Pool (as defined in the Indenture), such Certificates and interest, collectively representing at least 5% of the aggregate Securitization Value of the Units in the 2025-A Reference Pool (each as defined in the Indenture). World Omni has not (and has not permitted WOAL or any of its other affiliates to hedge or otherwise mitigate its credit risk under or associated with the EU Retained Interest, or sell, transfer or otherwise surrender all or part of the rights, benefits or obligations arising from the EU Retained Interest) hedged or otherwise mitigated its credit risk under or associated with the EU Retained Interest, or sold, transferred or otherwise surrendered all or part of the rights, benefits or obligations arising from the EU Retained Interest, except, in each case, to the extent permitted in accordance with the EU Securitization Rules. Further, World Omni has not changed the retention option or method of calculating   the EU Retained Interest.