Exhibit 99.1
Nissan Auto Receivables 2025-B Owner Trust
Servicer’s Certificate
| Collection Period |
31-Jul-26 | 30/360 Days | 30 | Collection Period Start | 7/1/2026 | |||||||||||
| Distribution Date |
17-Aug-26 | Actual/360 Days | 33 | Collection Period End | 7/31/2026 | |||||||||||
| Prior Month Settlement Date | 7/15/2026 | |||||||||||||||
| Current Month Settlement Date | 8/17/2026 |
| Coupon Rate | Initial Balance | Beginning Balance | Ending Balance | Pool Factor |
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| Pool Balance |
1,381,270,659.94 | 1,035,543,621.61 | 993,556,541.01 | 0.78 | ||||||||||||||||
| Yield Supplement Overcollaterization |
|
101,188,734.57 | 66,772,869.81 | 62,894,657.66 | ||||||||||||||||
| Total Adjusted Pool Balance |
|
1,280,081,925.37 | 968,770,751.80 | 930,661,883.35 | ||||||||||||||||
| Total Adjusted Securities |
1,280,081,925.37 | 968,770,751.80 | 930,661,883.35 | 0.73 | ||||||||||||||||
| Class A-1 Notes |
3.97400 | % | 279,000,000.00 | 0.00 | 0.00 | 0.00 | ||||||||||||||
| Class A-2a Notes |
4.00000 | % | 280,000,000.00 | 257,382,178.50 | 230,705,970.59 | 0.82 | ||||||||||||||
| Class A-2b Notes |
4.00539 | % | 120,000,000.00 | 110,306,647.93 | 98,873,987.39 | 0.82 | ||||||||||||||
| Class A-3 Notes |
3.99000 | % | 462,000,000.00 | 462,000,000.00 | 462,000,000.00 | 1.00 | ||||||||||||||
| Class A-4 Notes |
4.02000 | % | 87,900,000.00 | 87,900,000.00 | 87,900,000.00 | 1.00 | ||||||||||||||
| Class B Notes |
4.28000 | % | 21,100,000.00 | 21,100,000.00 | 21,100,000.00 | 1.00 | ||||||||||||||
| Certificates |
0.00000 | % | 30,081,925.37 | 30,081,925.37 | 30,081,925.37 | 1.00 | ||||||||||||||
| 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 |
26,676,207.92 | 857,940.60 | 95.2721711 | 3.0640736 | ||||||||||||||||
| Class A-2b Notes |
11,432,660.54 | 405,002.72 | 95.2721711 | 3.3750227 | ||||||||||||||||
| Class A-3 Notes |
0.00 | 1,536,150.00 | — | 3.3250000 | ||||||||||||||||
| Class A-4 Notes |
0.00 | 294,465.00 | — | 3.3500000 | ||||||||||||||||
| Class B Notes |
0.00 | 75,256.67 | — | 3.5666668 | ||||||||||||||||
| Certificates |
0.00 | 0.00 | — | — | ||||||||||||||||
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| Total Securities |
38,108,868.45 | 3,168,814.99 | ||||||||||||||||||
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| I. COLLECTIONS |
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| Interest: |
||||||||||||||||||||
| Interest Collections |
3,983,034.83 | |||||||||||||||||||
| Repurchased Loan Proceeds Related to Interest |
|
0.00 | ||||||||||||||||||
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| Total Interest Collections |
3,983,034.83 | |||||||||||||||||||
| Principal: |
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| Principal Collections |
41,583,761.15 | |||||||||||||||||||
| Repurchased Loan Proceeds Related to Principal |
|
0.00 | ||||||||||||||||||
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|
|
|||||||||||||||||||
| Total Principal Collections |
41,583,761.15 | |||||||||||||||||||
| Recoveries of Defaulted Receivables |
|
297,853.89 | ||||||||||||||||||
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| Total Collections |
45,864,649.87 | |||||||||||||||||||
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| II. COLLATERAL POOL BALANCE DATA |
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| Number | Amount | |||||||||||||||||||
| Adjusted Pool Balance - Beginning of Period |
|
46,201 | 968,770,751.80 | |||||||||||||||||
| Total Principal Payment |
38,108,868.45 | |||||||||||||||||||
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|
|
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| 45,296 | 930,661,883.35 | |||||||||||||||||||
Nissan Auto Receivables 2025-B Owner Trust
Servicer’s Certificate
| III. DISTRIBUTIONS |
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| Total Collections |
45,864,649.87 | |||
| Reserve Account Draw |
0.00 | |||
| Total Available for Distribution |
45,864,649.87 | |||
| 1. Reimbursement of Advance |
0.00 | |||
| 2. Servicing Fee: |
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| Servicing Fee Due |
862,953.02 | |||
| Servicing Fee Paid |
862,953.02 | |||
| 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 |
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 |
857,940.60 | |||
| Class A-2a Notes Monthly Interest Paid |
857,940.60 | |||
| 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 |
405,002.72 | |||
| Class A-2b Notes Monthly Interest Paid |
405,002.72 | |||
| 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 |
1,536,150.00 | |||
| Class A-3 Notes Monthly Interest Paid |
1,536,150.00 | |||
| 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 |
294,465.00 | |||
| Class A-4 Notes Monthly Interest Paid |
294,465.00 | |||
| 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 |
75,256.67 | |||
| Class B Notes Monthly Interest Paid |
75,256.67 | |||
| Change in Class B Notes Interest Carryover Shortfall |
0.00 | |||
Nissan Auto Receivables 2025-B Owner Trust
Servicer’s Certificate
| Total Note Monthly Interest |
||||||||
| Total Note Monthly Interest Paid |
3,168,814.99 | |||||||
| Total Note Interest Carryover Shortfall |
0.00 | |||||||
| Change in Total Note Interest Carryover Shortfall |
0.00 | |||||||
| Total Available for Principal Distribution |
3,724,013.41 | |||||||
| 4. Total Monthly Principal Paid on the Notes |
38,108,868.45 | |||||||
| Total Noteholders’ Principal Carryover Shortfall |
0.00 | |||||||
| Total Noteholders’ Principal Distributable Amount |
38,108,868.45 | |||||||
| 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 |
3,724,013.41 | |||||||
| Deposit from Remaining Available Collections to fund Reserve Account |
|
0.00 | ||||||
| Remaining Available Collections Released to Certificateholder |
3,724,013.41 | |||||||
| V. RESERVE ACCOUNT |
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| Initial Reserve Account Amount |
3,200,204.81 | |||||||
| Required Reserve Account Amount |
3,200,204.81 | |||||||
| Beginning Reserve Account Balance |
3,200,204.81 | |||||||
| Deposit of Remaining Available Collections |
0.00 | |||||||
| Ending Reserve Account Balance |
3,200,204.81 | |||||||
| Required Reserve Account Amount for Next Period |
3,200,204.81 | |||||||
| VI. POOL STATISTICS |
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| Weighted Average Coupon |
4.59 | % | ||||||
| Weighted Average Remaining Maturity |
43.86 | |||||||
| Amount | Number | |||||||
| Principal on Defaulted Receivables |
403,319.45 | 18 | ||||||
| Principal Recoveries of Defaulted Receivables |
297,853.89 | |||||||
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| Monthly Net Losses |
105,465.56 | |||||||
| Pool Balance at Beginning of Collection Period |
1,035,543,621.61 | |||||||
| Net Loss Ratio for Third Preceding Collection Period |
0.21 | % | ||||||
| Net Loss Ratio for Second Preceding Collection Period |
0.04 | % | ||||||
| Net Loss Ratio for Preceding Collection Period |
0.13 | % | ||||||
| Net Loss Ratio for Current Collection Period |
0.12 | % | ||||||
| Four-Month Average Net Loss Ratio |
0.13 | % | ||||||
| Cumulative Net Losses for all Periods |
1,510,192.61 | |||||||
Nissan Auto Receivables 2025-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 |
2,708,488.29 | 114 | 0.27 | % | ||||||||
| 61-90 Days Delinquent |
603,609.58 | 31 | 0.06 | % | ||||||||
| 91-120 Days Delinquent |
91,049.82 | 7 | 0.01 | % | ||||||||
| More than 120 Days |
0.00 | 0 | 0.00 | % | ||||||||
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| Total 31+ Days Delinquent Receivables: |
3,403,147.69 | 152 | 0.34 | % | ||||||||
| 61+ Days Delinquencies as Percentage of Receivables (EOP): |
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| Delinquency Ratio for Third Preceding Collection Period |
0.03 | % | 0.03 | % | ||||||||
| Delinquency Ratio for Second Preceding Collection Period |
0.05 | % | 0.05 | % | ||||||||
| Delinquency Ratio for Preceding Collection Period |
0.07 | % | 0.07 | % | ||||||||
| Delinquency Ratio for Current Collection Period |
0.07 | % | 0.08 | % | ||||||||
| Four-Month Average Delinquency Ratio |
0.05 | % | 0.06 | % | ||||||||
| 60 Day Delinquent Receivables |
758,883.96 | |||||||||||
| Delinquency Percentage |
0.08 | % | ||||||||||
| Delinquency Trigger |
4.90 | % | ||||||||||
| Does the Delinquency Percentage exceed the Delinquency Trigger? |
No | |||||||||||
| Principal Balance of Extensions |
2,590,139.71 | |||||||||||
| Number of Extensions |
94 | |||||||||||
| 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? |
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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 | ||||||||||