Exhibit 99.1
Nissan Auto Receivables 2026-A Owner Trust
Servicer’s Certificate
| Collection Period |
31-May-26 | 30/360 Days | 18 | Collection Period Start | 1-May-26 | |||||||||||
| Distribution Date |
15-Jun-26 | Actual/360 Days | 19 | Collection Period End | 31-May-26 | |||||||||||
| Prior Month Settlement Date | 27-May-26 | |||||||||||||||
| Current Month Settlement Date | 15-Jun-26 |
| Coupon Rate | Initial Balance | Beginning Balance | Ending Balance | Pool Factor | ||||||||||||||||
| Pool Balance |
1,394,765,218.37 | 1,394,765,218.37 | 1,352,817,717.80 | 1.055851 | ||||||||||||||||
| Yield Supplement Overcollaterization |
|
113,506,747.22 | 113,506,747.22 | 108,582,918.60 | ||||||||||||||||
| Total Adjusted Pool Balance |
1,281,258,471.15 | 1,281,258,471.15 | 1,244,234,799.20 | |||||||||||||||||
| Total Adjusted Securities |
1,281,258,471.15 | 1,281,258,471.15 | 1,244,234,799.20 | 0.971104 | ||||||||||||||||
| Class A-1 Notes |
3.79600 | % | 260,000,000.00 | 260,000,000.00 | 222,976,328.05 | 0.857601 | ||||||||||||||
| Class A-2a Notes |
4.19000 | % | 240,000,000.00 | 240,000,000.00 | 240,000,000.00 | 1.000000 | ||||||||||||||
| Class A-2b Notes |
4.03809 | % | 198,130,000.00 | 198,130,000.00 | 198,130,000.00 | 1.000000 | ||||||||||||||
| Class A-3 Notes |
4.47000 | % | 438,130,000.00 | 438,130,000.00 | 438,130,000.00 | 1.000000 | ||||||||||||||
| Class A-4 Notes |
4.64000 | % | 93,750,000.00 | 93,750,000.00 | 93,750,000.00 | 1.000000 | ||||||||||||||
| Class B Notes |
4.87000 | % | 21,140,000.00 | 21,140,000.00 | 21,140,000.00 | 1.000000 | ||||||||||||||
| Class C Notes |
5.07000 | % | 17,300,000.00 | 17,300,000.00 | 17,300,000.00 | 1.000000 | ||||||||||||||
| Certificates |
0.00000 | % | 12,808,471.15 | 12,808,471.15 | 12,808,471.15 | 1.000000 | ||||||||||||||
| Principal Payment |
Interest Payment | Principal per $1000 Face Amount |
Interest per $1000 Face Amount |
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| Class A-1 Notes |
37,023,671.95 | 520,895.56 | 142.3987383 | 2.0034445 | ||||||||||||||||
| Class A-2a Notes |
0.00 | 502,800.00 | — | 2.0950000 | ||||||||||||||||
| Class A-2b Notes |
0.00 | 422,257.46 | — | 2.1312142 | ||||||||||||||||
| Class A-3 Notes |
0.00 | 979,220.55 | — | 2.2350000 | ||||||||||||||||
| Class A-4 Notes |
0.00 | 217,500.00 | — | 2.3200000 | ||||||||||||||||
| Class B Notes |
0.00 | 51,475.90 | — | 2.4350000 | ||||||||||||||||
| Class C Notes |
0.00 | 43,855.50 | — | 2.5350000 | ||||||||||||||||
| Certificates |
0.00 | 0.00 | — | — | ||||||||||||||||
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| Total Securities |
37,023,671.95 | 2,738,004.97 | ||||||||||||||||||
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| I. COLLECTIONS |
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| Interest: |
||||||||||||||||||||
| Interest Collections |
4,987,955.22 | |||||||||||||||||||
| Repurchased Loan Proceeds Related to Interest |
|
0.00 | ||||||||||||||||||
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|
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| Total Interest Collections |
4,987,955.22 | |||||||||||||||||||
| Principal: |
||||||||||||||||||||
| Principal Collections |
41,719,970.53 | |||||||||||||||||||
| Repurchased Loan Proceeds Related to Principal |
|
0.00 | ||||||||||||||||||
|
|
|
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| Total Principal Collections |
41,719,970.53 | |||||||||||||||||||
| Recoveries of Defaulted Receivables |
|
0.00 | ||||||||||||||||||
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|
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| Total Collections |
46,707,925.75 | |||||||||||||||||||
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| II. COLLATERAL POOL BALANCE DATA |
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| Number | Amount | |||||||||||||||||||
| Adjusted Pool Balance - Beginning of Period |
|
51,130 | 1,281,258,471.15 | |||||||||||||||||
| Total Principal Payment |
37,023,671.95 | |||||||||||||||||||
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| 50,510 | 1,244,234,799.20 | |||||||||||||||||||
Nissan Auto Receivables 2026-A Owner Trust
Servicer’s Certificate
| III. DISTRIBUTIONS |
||||
| Total Collections |
46,707,925.75 | |||
| Reserve Account Draw |
0.00 | |||
| Total Available for Distribution |
46,707,925.75 | |||
| 1. Reimbursement of Advance |
0.00 | |||
| 2. Servicing Fee: |
||||
| Servicing Fee Due |
1,162,304.35 | |||
| Servicing Fee Paid |
1,162,304.35 | |||
| Servicing Fee Shortfall |
0.00 | |||
| 3. Interest: |
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| Class A-1 Notes Monthly Interest |
||||
| 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 |
520,895.56 | |||
| Class A-1 Notes Monthly Interest Paid |
520,895.56 | |||
| 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 |
502,800.00 | |||
| Class A-2a Notes Monthly Interest Paid |
502,800.00 | |||
| 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 |
422,257.46 | |||
| Class A-2b Notes Monthly Interest Paid |
422,257.46 | |||
| 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 |
979,220.55 | |||
| Class A-3 Notes Monthly Interest Paid |
979,220.55 | |||
| 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 |
217,500.00 | |||
| Class A-4 Notes Monthly Interest Paid |
217,500.00 | |||
| Change in Class A-4 Notes Interest Carryover Shortfall |
0.00 | |||
| Class B Notes Monthly Interest |
||||
| Class B Notes Interest Carryover Shortfall |
0.00 | |||
| Class B Notes Interest on Interest Carryover Shortfall |
0.00 | |||
| Class B Notes Monthly Interest Distributable Amount |
51,475.90 | |||
| Class B Notes Monthly Interest Paid |
51,475.90 | |||
| Change in Class B Notes Interest Carryover Shortfall |
0.00 | |||
| Class C Notes Monthly Interest |
||||
| Class C Notes Interest Carryover Shortfall |
0.00 | |||
| Class C Notes Interest on Interest Carryover Shortfall |
0.00 | |||
| Class C Notes Monthly Interest Distributable Amount |
43,855.50 | |||
| Class C Notes Monthly Interest Paid |
43,855.50 | |||
| Change in Class C Notes Interest Carryover Shortfall |
0.00 | |||
Nissan Auto Receivables 2026-A Owner Trust
Servicer’s Certificate
| Total Note Monthly Interest |
||||||||
| Total Note Monthly Interest Due |
2,738,004.97 | |||||||
| Total Note Monthly Interest Paid |
2,738,004.97 | |||||||
| Total Note Interest Carryover Shortfall |
0.00 | |||||||
| Change in Total Note Interest Carryover Shortfall |
0.00 | |||||||
| Total Available for Principal Distribution |
42,807,616.43 | |||||||
| 4. Total Monthly Principal Paid on the Notes |
37,023,671.95 | |||||||
| Total Noteholders’ Principal Carryover Shortfall |
0.00 | |||||||
| Total Noteholders’ Principal Distributable Amount |
37,023,671.95 | |||||||
| 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 |
5,783,944.48 | |||||||
| Deposit from Remaining Available Collections to fund Reserve Account |
|
0.00 | ||||||
| Remaining Available Collections Released to Certificateholder |
5,783,944.48 | |||||||
| V. RESERVE ACCOUNT |
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| Initial Reserve Account Amount |
3,203,146.18 | |||||||
| Required Reserve Account Amount |
3,203,146.18 | |||||||
| Beginning Reserve Account Balance |
3,203,146.18 | |||||||
| Deposit of Remaining Available Collections |
0.00 | |||||||
| Ending Reserve Account Balance |
3,203,146.18 | |||||||
| Required Reserve Account Amount for Next Period |
3,203,146.18 | |||||||
| VI. POOL STATISTICS |
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| Weighted Average Coupon |
4.44 | % | ||||||
| Weighted Average Remaining Maturity |
53.39 | |||||||
| Amount | Number | |||||||
| Principal on Defaulted Receivables |
227,530.04 | 9 | ||||||
| Principal Recoveries of Defaulted Receivables |
0.00 | |||||||
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| Monthly Net Losses |
227,530.04 | |||||||
| Pool Balance at Beginning of Collection Period |
1,394,765,218.37 | |||||||
| Net Loss Ratio for Third Preceding Collection Period |
0.00 | % | ||||||
| Net Loss Ratio for Second Preceding Collection Period |
0.00 | % | ||||||
| Net Loss Ratio for Preceding Collection Period |
0.00 | % | ||||||
| Net Loss Ratio for Current Collection Period |
0.20 | % | ||||||
| Four-Month Average Net Loss Ratio |
0.05 | % | ||||||
| Cumulative Net Losses for all Periods |
227,530.04 | |||||||
Nissan Auto Receivables 2026-A Owner Trust
Servicer’s Certificate
| Amount | Number | % of Receivables (EOP Balance) |
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| Delinquent Receivables: |
||||||||||||
| 31-60 Days Delinquent |
1,556,443.39 | 56 | 0.12 | % | ||||||||
| 61-90 Days Delinquent |
24,582.87 | 1 | 0.00 | % | ||||||||
| 91-120 Days Delinquent |
0.00 | 0 | 0.00 | % | ||||||||
| More than 120 Days |
0.00 | 0 | 0.00 | % | ||||||||
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| Total 31+ Days Delinquent Receivables: |
1,581,026.26 | 57 | 0.12 | % | ||||||||
| 61+ Days Delinquencies as Percentage of Receivables (EOP): |
||||||||||||
| Delinquency Ratio for Third Preceding Collection Period |
0.00 | % | 0.00 | % | ||||||||
| Delinquency Ratio for Second Preceding Collection Period |
0.00 | % | 0.00 | % | ||||||||
| Delinquency Ratio for Preceding Collection Period |
0.00 | % | 0.00 | % | ||||||||
| Delinquency Ratio for Current Collection Period |
0.00 | % | 0.00 | % | ||||||||
| Four-Month Average Delinquency Ratio |
0.00 | % | 0.00 | % | ||||||||
| 60 Day Delinquent Receivables |
24,582.87 | |||||||||||
| Delinquency Percentage |
0.00 | % | ||||||||||
| Delinquency Trigger |
4.90 | % | ||||||||||
| Does the Delinquency Percentage exceed the Delinquency Trigger? |
No | |||||||||||
| Principal Balance of Extensions |
2,845,531.47 | |||||||||||
| Number of Extensions |
87 | |||||||||||
| 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? |
|
NO | ||||||||||
| 2. Have there been any material breaches of representations, warranties or covenants contained in the Receivables? |
|
NO | ||||||||||
| 3. Has there been an issuance of notes or other securities backed by the Receivables? |
|
NO | ||||||||||
| 4. Has there been a material change in the underwriting, origination or acquisition of Receivables? |
|
NO | ||||||||||
NMAC, the sponsor, determined that the combined fair value of the Notes and Certificates was $1,354,385,942 as of the Closing Date, and that the fair value of the entire portion of the Certificates as of the Closing Date was $85,935,942, which is approximately 6.35% of the fair value of the Notes and Certificates. NARC II, the depositor, an affiliate of NMAC, retained all of the Certificates as of the Closing Date. The depositor is retaining a sufficient portion of the Certificates necessary to satisfy the requirements of the SEC’s credit risk retention rules, 17 C.F.R Part 246 (‘Regulation RR’), which will be greater than or equal to 5.00% of the fair value of the Notes and Certificates required to comply with Regulation RR.