Exhibit 99.1

Nissan Auto Receivables 2023-B 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

       1,449,675,307.36        259,128,292.93        240,960,120.39        0.185057  

Yield Supplement Overcollaterization

 

    147,591,973.00        12,863,126.25        11,631,136.30     

Total Adjusted Pool Balance

 

    1,302,083,334.36        246,265,166.68        229,328,984.09     

Total Adjusted Securities

       1,302,083,334.36        246,265,166.68        229,328,984.09        0.176125  

Class A-1 Notes

     5.70900     352,000,000.00        0.00        0.00        0.000000  

Class A-2a Notes

     5.95000     219,500,000.00        0.00        0.00        0.000000  

Class A-2b Notes

     4.20285     219,500,000.00        0.00        0.00        0.000000  

Class A-3 Notes

     5.93000     376,000,000.00        111,181,832.32        94,245,649.73        0.250653  

Class A-4 Notes

     5.96000     83,000,000.00        83,000,000.00        83,000,000.00        1.000000  

Certificates

     0.00000     52,083,334.36        52,083,334.36        52,083,334.36        1.000000  
     Principal
Payment
    Interest Payment      Principal per $1000
Face Amount
     Interest per $1000
Face Amount
        

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

     16,936,182.59       549,423.55        45.0430388        1.4612328     

Class A-4 Notes

     0.00       412,233.33        —         4.9666666     

Certificates

     0.00       0.00        —         —      
  

 

 

   

 

 

          

Total Securities

     16,936,182.59       961,656.88           
  

 

 

   

 

 

          

I. COLLECTIONS

             

Interest:

             

Interest Collections

             1,003,491.00     

Repurchased Loan Proceeds Related to Interest

 

        0.00     
     

 

 

    

Total Interest Collections

             1,003,491.00     

Principal:

             

Principal Collections

             17,862,768.89     

Repurchased Loan Proceeds Related to Principal

 

        0.00     
     

 

 

    

Total Principal Collections

             17,862,768.89     

Recoveries of Defaulted Receivables

 

          282,065.72     
       

 

 

    

Total Collections

             19,148,325.61     
          

 

 

    

II. COLLATERAL POOL BALANCE DATA

 

          
                  Number      Amount         

Adjusted Pool Balance—Beginning of Period

 

       27,546        246,265,166.68     

Total Principal Payment

             16,936,182.59     
          

 

 

    
          25,855        229,328,984.09     


Nissan Auto Receivables 2023-B Owner Trust

Servicer’s Certificate

 

III. DISTRIBUTIONS

  

Total Collections

     19,148,325.61  

Reserve Account Draw

     0.00  

Total Available for Distribution

     19,148,325.61  

1. Reimbursement of Advance

     0.00  

2. Servicing Fee:

  

Servicing Fee Due

     215,940.24  

Servicing Fee Paid

     215,940.24  

Servicing Fee Shortfall

     0.00  

3. Interest:

  

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

     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

     549,423.55  

Class A-3 Notes Monthly Interest Paid

     549,423.55  

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

     412,233.33  

Class A-4 Notes Monthly Interest Paid

     412,233.33  

Change in Class A-4 Notes Interest Carryover Shortfall

     0.00  


Nissan Auto Receivables 2023-B Owner Trust

Servicer’s Certificate

 

Total Note Monthly Interest

    

Total Note Monthly Interest Due

       961,656.88  

Total Note Monthly Interest Paid

       961,656.88  

Total Note Interest Carryover Shortfall

       0.00  

Change in Total Note Interest Carryover Shortfall

       0.00  

Total Available for Principal Distribution

       17,970,728.49  

4. Total Monthly Principal Paid on the Notes

       16,936,182.59  

Total Noteholders’ Principal Carryover Shortfall

       0.00  

Total Noteholders’ Principal Distributable Amount

       16,936,182.59  

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

       1,034,545.90  

Deposit from Remaining Available Collections to fund Reserve Account

 

    0.00  

Remaining Available Collections Released to Certificateholder

       1,034,545.90  

V. RESERVE ACCOUNT

    

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

    

Weighted Average Coupon

       4.90

Weighted Average Remaining Maturity

       25.75  
     Amount     Number  

Principal on Defaulted Receivables

     305,403.65       20  

Principal Recoveries of Defaulted Receivables

     282,065.72    
  

 

 

   

Monthly Net Losses

     23,337.93    

Pool Balance at Beginning of Collection Period

     259,128,292.93    

Net Loss Ratio for Third Preceding Collection Period

     -0.31  

Net Loss Ratio for Second Preceding Collection Period

     -0.44  

Net Loss Ratio for Preceding Collection Period

     0.15  

Net Loss Ratio for Current Collection Period

     0.11  

Four-Month Average Net Loss Ratio

     -0.12  

Cumulative Net Losses for all Periods

     4,660,880.13    


Nissan Auto Receivables 2023-B Owner Trust

Servicer’s Certificate

 

     Amount     Number     % of Receivables
(EOP Balance)
 

Delinquent Receivables:

      

31-60 Days Delinquent

     2,914,527.05       224       1.21

61-90 Days Delinquent

     408,488.38       31       0.17

91-120 Days Delinquent

     53,780.18       9       0.02

More than 120 Days

     0.00       0       0.00
  

 

 

   

 

 

   

 

 

 

Total 31+ Days Delinquent Receivables:

     3,376,795.61       264       1.40

61+ Days Delinquencies as Percentage of Receivables (EOP):

      

Delinquency Ratio for Third Preceding Collection Period

     0.18     0.12  

Delinquency Ratio for Second Preceding Collection Period

     0.15     0.11  

Delinquency Ratio for Preceding Collection Period

     0.18     0.13  

Delinquency Ratio for Current Collection Period

     0.19     0.15  

Four-Month Average Delinquency Ratio

     0.18     0.13  

60 Day Delinquent Receivables

     473,414.53      

Delinquency Percentage

     0.20    

Delinquency Trigger

     4.90    

Does the Delinquency Percentage exceed the Delinquency Trigger?

     No      

Principal Balance of Extensions

     959,801.73      

Number of Extensions

     64      

VII. STATEMENTS TO NOTEHOLDERS

      

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