Exhibit 99.1
Nissan Auto Receivables 2024-A Owner Trust
Servicer’s Certificate
| Collection Period |
30-Jun-26 | 30/360 Days | 30 | Collection Period Start | 1-Jun-26 | |||||||||||
| Distribution Date |
15-Jul-26 | Actual/360 Days | 30 | Collection Period End | 30-Jun-26 | |||||||||||
| Prior Month Settlement Date | 15-Jun-26 | |||||||||||||||
| Current Month Settlement Date | 15-Jul-26 |
| Coupon Rate | Initial Balance | Beginning Balance | Ending Balance | Pool Factor | ||||||||||||||||
| Pool Balance |
1,424,116,746.73 | 431,964,475.61 | 404,478,115.48 | 0.310639 | ||||||||||||||||
| Yield Supplement Overcollaterization |
|
122,033,411.09 | 21,197,873.60 | 19,359,310.78 | ||||||||||||||||
| Total Adjusted Pool Balance |
|
1,302,083,335.64 | 410,766,602.01 | 385,118,804.70 | ||||||||||||||||
| Total Adjusted Securities |
1,302,083,335.64 | 410,766,602.01 | 385,118,804.70 | 0.295771 | ||||||||||||||||
| Class A-1 Notes |
5.51200 | % | 279,000,000.00 | 0.00 | 0.00 | 0.000000 | ||||||||||||||
| Class A-2a Notes |
5.47000 | % | 145,000,000.00 | 0.00 | 0.00 | 0.000000 | ||||||||||||||
| Class A-2b Notes |
3.97301 | % | 293,000,000.00 | 0.00 | 0.00 | 0.000000 | ||||||||||||||
| Class A-3 Notes |
5.28000 | % | 438,000,000.00 | 263,683,266.37 | 238,035,469.06 | 0.543460 | ||||||||||||||
| Class A-4 Notes |
5.18000 | % | 95,000,000.00 | 95,000,000.00 | 95,000,000.00 | 1.000000 | ||||||||||||||
| Certificates |
0.00000 | % | 52,083,335.64 | 52,083,335.64 | 52,083,335.64 | 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 |
25,647,797.31 | 1,160,206.37 | 58.5566149 | 2.6488730 | ||||||||||||||||
| Class A-4 Notes |
0.00 | 410,083.33 | — | 4.3166666 | ||||||||||||||||
| Certificates |
0.00 | 0.00 | — | — | ||||||||||||||||
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| Total Securities |
25,647,797.31 | 1,570,289.70 | ||||||||||||||||||
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| I. COLLECTIONS |
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| Interest: |
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| Interest Collections |
2,085,644.35 | |||||||||||||||||||
| Repurchased Loan Proceeds Related to Interest |
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0.00 | ||||||||||||||||||
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| Total Interest Collections |
2,085,644.35 | |||||||||||||||||||
| Principal: |
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| Principal Collections |
27,126,077.63 | |||||||||||||||||||
| Repurchased Loan Proceeds Related to Principal |
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0.00 | ||||||||||||||||||
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| Total Principal Collections |
27,126,077.63 | |||||||||||||||||||
| Recoveries of Defaulted Receivables |
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313,545.46 | ||||||||||||||||||
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| Total Collections |
29,525,267.44 | |||||||||||||||||||
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| II. COLLATERAL POOL BALANCE DATA |
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| Number | Amount | |||||||||||||||||||
| Adjusted Pool Balance - Beginning of Period |
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35,415 | 410,766,602.01 | |||||||||||||||||
| Total Principal Payment |
25,647,797.31 | |||||||||||||||||||
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| 33,621 | 385,118,804.70 | |||||||||||||||||||
Nissan Auto Receivables 2024-A Owner Trust
Servicer’s Certificate
| III. DISTRIBUTIONS |
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| Total Collections |
29,525,267.44 | |||
| Reserve Account Draw |
0.00 | |||
| Total Available for Distribution |
29,525,267.44 | |||
| 1. Reimbursement of Advance |
0.00 | |||
| 2. Servicing Fee: |
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| Servicing Fee Due |
359,970.40 | |||
| Servicing Fee Paid |
359,970.40 | |||
| 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 |
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| 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 |
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| 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 |
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| 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 |
1,160,206.37 | |||
| Class A-3 Notes Monthly Interest Paid |
1,160,206.37 | |||
| Change in Class A-3 Notes Interest Carryover Shortfall |
0.00 | |||
| Class A-4 Notes Monthly Interest |
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| 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 |
410,083.33 | |||
| Class A-4 Notes Monthly Interest Paid |
410,083.33 | |||
| Change in Class A-4 Notes Interest Carryover Shortfall |
0.00 | |||
Nissan Auto Receivables 2024-A Owner Trust
Servicer’s Certificate
| Total Note Monthly Interest |
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| Total Note Monthly Interest Due |
1,570,289.70 | |||||||
| Total Note Monthly Interest Paid |
1,570,289.70 | |||||||
| Total Note Interest Carryover Shortfall |
0.00 | |||||||
| Change in Total Note Interest Carryover Shortfall |
0.00 | |||||||
| Total Available for Principal Distribution |
27,595,007.34 | |||||||
| 4. Total Monthly Principal Paid on the Notes |
25,647,797.31 | |||||||
| Total Noteholders’ Principal Carryover Shortfall |
0.00 | |||||||
| Total Noteholders’ Principal Distributable Amount |
25,647,797.31 | |||||||
| 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 |
1,947,210.03 | |||||||
| Deposit from Remaining Available Collections to fund Reserve Account |
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0.00 | ||||||
| Remaining Available Collections Released to Certificateholder |
1,947,210.03 | |||||||
| 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 |
5.67 | % | ||||||
| Weighted Average Remaining Maturity |
32.26 | |||||||
| Amount | Number | |||||||
| Principal on Defaulted Receivables |
360,282.50 | 22 | ||||||
| Principal Recoveries of Defaulted Receivables |
313,545.46 | |||||||
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| Monthly Net Losses |
46,737.04 | |||||||
| Pool Balance at Beginning of Collection Period |
431,964,475.61 | |||||||
| Net Loss Ratio for Third Preceding Collection Period |
-0.19 | % | ||||||
| Net Loss Ratio for Second Preceding Collection Period |
0.60 | % | ||||||
| Net Loss Ratio for Preceding Collection Period |
-0.62 | % | ||||||
| Net Loss Ratio for Current Collection Period |
0.13 | % | ||||||
| Four-Month Average Net Loss Ratio |
-0.02 | % | ||||||
| Cumulative Net Losses for all Periods |
5,983,949.19 | |||||||
Nissan Auto Receivables 2024-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 |
3,777,297.11 | 203 | 0.93 | % | ||||||||
| 61-90 Days Delinquent |
827,601.47 | 47 | 0.20 | % | ||||||||
| 91-120 Days Delinquent |
132,265.20 | 9 | 0.03 | % | ||||||||
| More than 120 Days |
0.00 | 0 | 0.00 | % | ||||||||
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| Total 31+ Days Delinquent Receivables: |
4,737,163.78 | 259 | 1.17 | % | ||||||||
| 61+ Days Delinquencies as Percentage of Receivables (EOP): |
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| Delinquency Ratio for Third Preceding Collection Period |
0.19 | % | 0.13 | % | ||||||||
| Delinquency Ratio for Second Preceding Collection Period |
0.19 | % | 0.11 | % | ||||||||
| Delinquency Ratio for Preceding Collection Period |
0.22 | % | 0.15 | % | ||||||||
| Delinquency Ratio for Current Collection Period |
0.24 | % | 0.17 | % | ||||||||
| Four-Month Average Delinquency Ratio |
0.21 | % | 0.14 | % | ||||||||
| 60 Day Delinquent Receivables |
988,872.84 | |||||||||||
| Delinquency Percentage |
0.24 | % | ||||||||||
| Delinquency Trigger |
4.90 | % | ||||||||||
| Does the Delinquency Percentage exceed the Delinquency Trigger? |
No | |||||||||||
| Principal Balance of Extensions |
1,621,257.73 | |||||||||||
| Number of Extensions |
89 | |||||||||||
| 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 | |||||||||||