Exhibit 99.1
Nissan Auto Receivables 2024-B Owner Trust
Servicer’s Certificate
| Collection Period |
31-Jul-26 | 30/360 Days | 30 | Collection Period Start | 1-Jul-26 | |||||||||||
| Distribution Date |
17-Aug-26 | Actual/360 Days | 33 | Collection Period End | 31-Jul-26 | |||||||||||
| Prior Month Settlement Date | 15-Jul-26 | |||||||||||||||
| Current Month Settlement Date | 17-Aug-26 |
| Coupon Rate | Initial Balance | Beginning Balance | Ending Balance | Pool Factor | ||||||||||||||||
| Pool Balance |
1,397,810,762.29 | 504,974,056.51 | 476,086,194.17 | 0.365634 | ||||||||||||||||
| Yield Supplement Overcollaterization |
|
95,727,428.43 | 22,016,179.55 | 20,204,052.75 | ||||||||||||||||
| Total Adjusted Pool Balance |
|
1,302,083,333.86 | 482,957,876.96 | 455,882,141.42 | ||||||||||||||||
| Total Adjusted Securities |
1,302,083,333.86 | 482,957,876.96 | 455,882,141.42 | 0.350117 | ||||||||||||||||
| Class A-1 Notes |
4.70300 | % | 305,000,000.00 | 0.00 | 0.00 | 0.000000 | ||||||||||||||
| Class A-2a Notes |
4.51000 | % | 135,000,000.00 | 0.00 | 0.00 | 0.000000 | ||||||||||||||
| Class A-2b Notes |
4.00539 | % | 315,000,000.00 | 0.00 | 0.00 | 0.000000 | ||||||||||||||
| Class A-3 Notes |
4.34000 | % | 400,000,000.00 | 335,874,543.10 | 308,798,807.56 | 0.771997 | ||||||||||||||
| Class A-4 Notes |
4.35000 | % | 95,000,000.00 | 95,000,000.00 | 95,000,000.00 | 1.000000 | ||||||||||||||
| Certificates |
0.00000 | % | 52,083,333.86 | 52,083,333.86 | 52,083,333.86 | 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 |
27,075,735.54 | 1,214,746.26 | 67.6893388 | 3.0368657 | ||||||||||||||||
| Class A-4 Notes |
0.00 | 344,375.00 | — | 3.6250000 | ||||||||||||||||
| Certificates |
0.00 | 0.00 | — | — | ||||||||||||||||
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| Total Securities |
27,075,735.54 | 1,559,121.26 | ||||||||||||||||||
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| I. COLLECTIONS |
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| Interest: |
||||||||||||||||||||
| Interest Collections |
2,258,942.04 | |||||||||||||||||||
| Repurchased Loan Proceeds Related to Interest |
|
0.00 | ||||||||||||||||||
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| Total Interest Collections |
2,258,942.04 | |||||||||||||||||||
| Principal: |
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| Principal Collections |
28,531,628.86 | |||||||||||||||||||
| Repurchased Loan Proceeds Related to Principal |
|
0.00 | ||||||||||||||||||
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| Total Principal Collections |
28,531,628.86 | |||||||||||||||||||
| Recoveries of Defaulted Receivables |
|
269,866.53 | ||||||||||||||||||
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| Total Collections |
31,060,437.43 | |||||||||||||||||||
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| II. COLLATERAL POOL BALANCE DATA |
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| Number | Amount | |||||||||||||||||||
| Adjusted Pool Balance - Beginning of Period |
|
34,687 | 482,957,876.96 | |||||||||||||||||
| Total Principal Payment |
27,075,735.54 | |||||||||||||||||||
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| 33,029 | 455,882,141.42 | |||||||||||||||||||
Nissan Auto Receivables 2024-B Owner Trust
Servicer’s Certificate
| III. DISTRIBUTIONS |
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| Total Collections |
31,060,437.43 | |||
| Reserve Account Draw |
0.00 | |||
| Total Available for Distribution |
31,060,437.43 | |||
| 1. Reimbursement of Advance |
0.00 | |||
| 2. Servicing Fee: |
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| Servicing Fee Due |
420,811.71 | |||
| Servicing Fee Paid |
420,811.71 | |||
| 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 |
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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 |
1,214,746.26 | |||
| Class A-3 Notes Monthly Interest Paid |
1,214,746.26 | |||
| 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 |
344,375.00 | |||
| Class A-4 Notes Monthly Interest Paid |
344,375.00 | |||
| Change in Class A-4 Notes Interest Carryover Shortfall |
0.00 | |||
Nissan Auto Receivables 2024-B Owner Trust
Servicer’s Certificate
| Total Note Monthly Interest |
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| Total Note Monthly Interest Due |
1,559,121.26 | |||||||
| Total Note Monthly Interest Paid |
1,559,121.26 | |||||||
| Total Note Interest Carryover Shortfall |
0.00 | |||||||
| Change in Total Note Interest Carryover Shortfall |
0.00 | |||||||
| Total Available for Principal Distribution |
29,080,504.46 | |||||||
| 4. Total Monthly Principal Paid on the Notes |
27,075,735.54 | |||||||
| Total Noteholders’ Principal Carryover Shortfall |
0.00 | |||||||
| Total Noteholders’ Principal Distributable Amount |
27,075,735.54 | |||||||
| 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 |
2,004,768.92 | |||||||
| Deposit from Remaining Available Collections to fund Reserve Account |
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0.00 | ||||||
| Remaining Available Collections Released to Certificateholder |
2,004,768.92 | |||||||
| V. RESERVE ACCOUNT |
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| Initial Reserve Account Amount |
3,255,208.33 | |||||||
| Required Reserve Account Amount |
3,255,208.33 | |||||||
| Beginning Reserve Account Balance |
3,255,208.33 | |||||||
| Deposit of Remaining Available Collections |
0.00 | |||||||
| Ending Reserve Account Balance |
3,255,208.33 | |||||||
| Required Reserve Account Amount for Next Period |
3,255,208.33 | |||||||
| VI. POOL STATISTICS |
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| Weighted Average Coupon |
5.33 | % | ||||||
| Weighted Average Remaining Maturity |
33.11 | |||||||
| Amount | Number | |||||||
| Principal on Defaulted Receivables |
356,233.48 | 27 | ||||||
| Principal Recoveries of Defaulted Receivables |
269,866.53 | |||||||
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| Monthly Net Losses |
86,366.95 | |||||||
| Pool Balance at Beginning of Collection Period |
504,974,056.51 | |||||||
| Net Loss Ratio for Third Preceding Collection Period |
-0.23 | % | ||||||
| Net Loss Ratio for Second Preceding Collection Period |
0.18 | % | ||||||
| Net Loss Ratio for Preceding Collection Period |
0.08 | % | ||||||
| Net Loss Ratio for Current Collection Period |
0.21 | % | ||||||
| Four-Month Average Net Loss Ratio |
0.06 | % | ||||||
| Cumulative Net Losses for all Periods |
5,010,410.92 | |||||||
Nissan Auto Receivables 2024-B 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 |
3,699,500.28 | 230 | 0.78 | % | ||||||||
| 61-90 Days Delinquent |
721,857.24 | 41 | 0.15 | % | ||||||||
| 91-120 Days Delinquent |
170,378.12 | 15 | 0.04 | % | ||||||||
| More than 120 Days |
0.00 | 0 | 0.00 | % | ||||||||
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| Total 31+ Days Delinquent Receivables: |
4,591,735.64 | 286 | 0.96 | % | ||||||||
| 61+ Days Delinquencies as Percentage of Receivables (EOP): |
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| Delinquency Ratio for Third Preceding Collection Period |
0.14 | % | 0.13 | % | ||||||||
| Delinquency Ratio for Second Preceding Collection Period |
0.22 | % | 0.19 | % | ||||||||
| Delinquency Ratio for Preceding Collection Period |
0.18 | % | 0.17 | % | ||||||||
| Delinquency Ratio for Current Collection Period |
0.19 | % | 0.17 | % | ||||||||
| Four-Month Average Delinquency Ratio |
0.18 | % | 0.16 | % | ||||||||
| 60 Day Delinquent Receivables |
993,507.90 | |||||||||||
| Delinquency Percentage |
0.21 | % | ||||||||||
| Delinquency Trigger |
4.90 | % | ||||||||||
| Does the Delinquency Percentage exceed the Delinquency Trigger? |
No | |||||||||||
| Principal Balance of Extensions |
2,012,269.70 | |||||||||||
| Number of Extensions |
111 | |||||||||||
| 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 | ||||||||||