Exhibit 99.1
Nissan Auto Receivables 2023-A Owner Trust
Servicer’s Certificate
| Collection Period |
31-May-26 | 30/360 Days | 30 | Collection Period Start | 1-May-26 | |||||||||||
| Distribution Date |
15-Jun-26 | Actual/360 Days | 31 | Collection Period End | 31-May-26 | |||||||||||
| Prior Month Settlement Date | 15-May-26 | |||||||||||||||
| Current Month Settlement Date | 15-Jun-26 |
| Coupon Rate | Initial Balance | Beginning Balance | Ending Balance | Pool Factor | ||||||||||||||||
| Pool Balance |
1,460,472,153.77 | 217,396,874.37 | 202,213,838.23 | 0.155300 | ||||||||||||||||
| Yield Supplement Overcollaterization |
|
158,388,819.56 | 9,990,884.93 | 8,982,089.14 | ||||||||||||||||
| Total Adjusted Pool Balance |
|
1,302,083,334.21 | 207,405,989.44 | 193,231,749.09 | ||||||||||||||||
| Total Adjusted Securities |
1,302,083,334.21 | 207,405,989.44 | 193,231,749.09 | 0.148402 | ||||||||||||||||
| Class A-1 Notes |
5.42400 | % | 300,000,000.00 | 0.00 | 0.00 | 0.000000 | ||||||||||||||
| Class A-2a Notes |
5.34000 | % | 227,500,000.00 | 0.00 | 0.00 | 0.000000 | ||||||||||||||
| Class A-2b Notes |
4.29285 | % | 225,000,000.00 | 0.00 | 0.00 | 0.000000 | ||||||||||||||
| Class A-3 Notes |
4.91000 | % | 402,500,000.00 | 60,322,655.23 | 46,148,414.88 | 0.114654 | ||||||||||||||
| Class A-4 Notes |
4.85000 | % | 95,000,000.00 | 95,000,000.00 | 95,000,000.00 | 1.000000 | ||||||||||||||
| Certificates |
0.00000 | % | 52,083,334.21 | 52,083,334.21 | 52,083,334.21 | 1.000000 | ||||||||||||||
| Principal Payment |
Interest Payment | Principal per $1000 Face Amount |
Interest per $1000 Face Amount |
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| Class A-1 Notes |
0.00 | 0.00 | — | — | ||||||||||||||||
| Class A-2a Notes |
0.00 | 0.00 | — | — | ||||||||||||||||
| Class A-2b Notes |
0.00 | 0.00 | — | — | ||||||||||||||||
| Class A-3 Notes |
14,174,240.35 | 246,820.20 | 35.2155040 | 0.6132179 | ||||||||||||||||
| Class A-4 Notes |
0.00 | 383,958.33 | — | 4.0416666 | ||||||||||||||||
| Certificates |
0.00 | 0.00 | — | — | ||||||||||||||||
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| Total Securities |
14,174,240.35 | 630,778.53 | ||||||||||||||||||
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| I. COLLECTIONS |
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| Interest: |
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| Interest Collections |
701,302.91 | |||||||||||||||||||
| Repurchased Loan Proceeds Related to Interest |
|
0.00 | ||||||||||||||||||
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| Total Interest Collections |
701,302.91 | |||||||||||||||||||
| Principal: |
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| Principal Collections |
15,048,359.54 | |||||||||||||||||||
| Repurchased Loan Proceeds Related to Principal |
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0.00 | ||||||||||||||||||
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| Total Principal Collections |
15,048,359.54 | |||||||||||||||||||
| Recoveries of Defaulted Receivables |
|
105,029.88 | ||||||||||||||||||
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| Total Collections |
15,854,692.33 | |||||||||||||||||||
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| II. COLLATERAL POOL BALANCE DATA |
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| Number | Amount | |||||||||||||||||||
| Adjusted Pool Balance - Beginning of Period |
|
24,387 | 207,405,989.44 | |||||||||||||||||
| Total Principal Payment |
14,174,240.35 | |||||||||||||||||||
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| 23,182 | 193,231,749.09 | |||||||||||||||||||
Nissan Auto Receivables 2023-A Owner Trust
Servicer’s Certificate
| III. DISTRIBUTIONS |
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| Total Collections |
15,854,692.33 | |||
| Reserve Account Draw |
0.00 | |||
| Total Available for Distribution |
15,854,692.33 | |||
| 1. Reimbursement of Advance |
0.00 | |||
| 2. Servicing Fee: |
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| Servicing Fee Due |
181,164.06 | |||
| Servicing Fee Paid |
181,164.06 | |||
| Servicing Fee Shortfall |
0.00 | |||
| 3. Interest: |
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| Class A-1 Notes Monthly Interest |
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| Class A-1 Notes Interest Carryover Shortfall |
0.00 | |||
| Class A-1 Notes Interest on Interest Carryover Shortfall |
0.00 | |||
| Class A-1 Notes Monthly Interest Distributable Amount |
0.00 | |||
| Class A-1 Notes Monthly Interest Paid |
0.00 | |||
| Change in Class A-1 Notes Interest Carryover Shortfall |
0.00 | |||
| Class A-2a Notes Monthly Interest |
||||
| Class A-2a Notes Interest Carryover Shortfall |
0.00 | |||
| Class A-2a Notes Interest on Interest Carryover Shortfall |
0.00 | |||
| Class A-2a Notes Monthly Interest Distributable Amount |
0.00 | |||
| Class A-2a Notes Monthly Interest Paid |
0.00 | |||
| Change in Class A-2a Notes Interest Carryover Shortfall |
0.00 | |||
| Class A-2b Notes Monthly Interest |
||||
| Class A-2b Notes Interest Carryover Shortfall |
0.00 | |||
| Class A-2b Notes Interest on Interest Carryover Shortfall |
0.00 | |||
| Class A-2b Notes Monthly Interest Distributable Amount |
0.00 | |||
| Class A-2b Notes Monthly Interest Paid |
0.00 | |||
| Change in Class A-2b Notes Interest Carryover Shortfall |
0.00 | |||
| Class A-3 Notes Monthly Interest |
||||
| Class A-3 Notes Interest Carryover Shortfall |
0.00 | |||
| Class A-3 Notes Interest on Interest Carryover Shortfall |
0.00 | |||
| Class A-3 Notes Monthly Interest Distributable Amount |
246,820.20 | |||
| Class A-3 Notes Monthly Interest Paid |
246,820.20 | |||
| Change in Class A-3 Notes Interest Carryover Shortfall |
0.00 | |||
| Class A-4 Notes Monthly Interest |
||||
| Class A-4 Notes Interest Carryover Shortfall |
0.00 | |||
| Class A-4 Notes Interest on Interest Carryover Shortfall |
0.00 | |||
| Class A-4 Notes Monthly Interest Distributable Amount |
383,958.33 | |||
| Class A-4 Notes Monthly Interest Paid |
383,958.33 | |||
| Change in Class A-4 Notes Interest Carryover Shortfall |
0.00 | |||
Nissan Auto Receivables 2023-A Owner Trust
Servicer’s Certificate
| Total Note Monthly Interest |
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| Total Note Monthly Interest Due |
630,778.53 | |||||||
| Total Note Monthly Interest Paid |
630,778.53 | |||||||
| Total Note Interest Carryover Shortfall |
0.00 | |||||||
| Change in Total Note Interest Carryover Shortfall |
0.00 | |||||||
| Total Available for Principal Distribution |
15,042,749.74 | |||||||
| 4. Total Monthly Principal Paid on the Notes |
14,174,240.35 | |||||||
| Total Noteholders’ Principal Carryover Shortfall |
0.00 | |||||||
| Total Noteholders’ Principal Distributable Amount |
14,174,240.35 | |||||||
| Change in Total Noteholders’ Principal Carryover Shortfall |
0.00 | |||||||
| 5. Total Monthly Principal Paid on the Certificates |
0.00 | |||||||
| Total Certificateholders’ Principal Carryover Shortfall |
0.00 | |||||||
| Total Certificateholders’ Principal Distributable Amount |
0.00 | |||||||
| Change in Total Certificateholders’ Principal Carryover Shortfall |
0.00 | |||||||
| Remaining Available Collections |
868,509.39 | |||||||
| Deposit from Remaining Available Collections to fund Reserve Account |
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0.00 | ||||||
| Remaining Available Collections Released to Certificateholder |
868,509.39 | |||||||
| V. RESERVE ACCOUNT |
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| Initial Reserve Account Amount |
3,255,208.34 | |||||||
| Required Reserve Account Amount |
3,255,208.34 | |||||||
| Beginning Reserve Account Balance |
3,255,208.34 | |||||||
| Deposit of Remaining Available Collections |
0.00 | |||||||
| Ending Reserve Account Balance |
3,255,208.34 | |||||||
| Required Reserve Account Amount for Next Period |
3,255,208.34 | |||||||
| VI. POOL STATISTICS |
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| Weighted Average Coupon |
4.08 | % | ||||||
| Weighted Average Remaining Maturity |
23.45 | |||||||
| Amount | Number | |||||||
| Principal on Defaulted Receivables |
134,676.60 | 12 | ||||||
| Principal Recoveries of Defaulted Receivables |
105,029.88 | |||||||
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| Monthly Net Losses |
29,646.72 | |||||||
| Pool Balance at Beginning of Collection Period |
217,396,874.37 | |||||||
| Net Loss Ratio for Third Preceding Collection Period |
0.16 | % | ||||||
| Net Loss Ratio for Second Preceding Collection Period |
-0.25 | % | ||||||
| Net Loss Ratio for Preceding Collection Period |
-0.58 | % | ||||||
| Net Loss Ratio for Current Collection Period |
0.16 | % | ||||||
| Four-Month Average Net Loss Ratio |
-0.12 | % | ||||||
| Cumulative Net Losses for all Periods |
4,928,871.16 | |||||||
Nissan Auto Receivables 2023-A Owner Trust
Servicer’s Certificate
| Amount | Number | % of Receivables (EOP Balance) |
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| Delinquent Receivables: |
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| 31-60 Days Delinquent |
2,419,871.51 | 213 | 1.20 | % | ||||||||
| 61-90 Days Delinquent |
395,147.19 | 34 | 0.20 | % | ||||||||
| 91-120 Days Delinquent |
59,202.85 | 9 | 0.03 | % | ||||||||
| More than 120 Days |
0.00 | 0 | 0.00 | % | ||||||||
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| Total 31+ Days Delinquent Receivables: |
2,874,221.55 | 256 | 1.42 | % | ||||||||
| 61+ Days Delinquencies as Percentage of Receivables (EOP): |
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| Delinquency Ratio for Third Preceding Collection Period |
0.24 | % | 0.22 | % | ||||||||
| Delinquency Ratio for Second Preceding Collection Period |
0.18 | % | 0.16 | % | ||||||||
| Delinquency Ratio for Preceding Collection Period |
0.19 | % | 0.15 | % | ||||||||
| Delinquency Ratio for Current Collection Period |
0.22 | % | 0.19 | % | ||||||||
| Four-Month Average Delinquency Ratio |
0.21 | % | 0.18 | % | ||||||||
| 60 Day Delinquent Receivables |
503,547.35 | |||||||||||
| Delinquency Percentage |
0.25 | % | ||||||||||
| Delinquency Trigger |
4.90 | % | ||||||||||
| Does the Delinquency Percentage exceed the Delinquency Trigger? |
No | |||||||||||
| Principal Balance of Extensions |
956,901.25 | |||||||||||
| Number of Extensions |
85 | |||||||||||
| VII. STATEMENTS TO NOTEHOLDERS |
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| 1. Has there been a material change in practices with respect to charge-offs, collection and management of delinquent Receivables, and the effect of any grace period, re-aging, re-structuring, partial payments or other practices on delinquency and loss experience? |
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NO | ||||||||||
| 2. Have there been any material breaches of representations, warranties or covenants contained in the Receivables? |
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NO | ||||||||||
| 3. Has there been an issuance of notes or other securities backed by the Receivables? |
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NO | ||||||||||
| 4. Has there been a material change in the underwriting, origination or acquisition of Receivables? |
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NO | ||||||||||