Exhibit 99.1
Nissan Auto Receivables 2023-A 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 |
1,460,472,153.77 | 186,377,290.72 | 171,537,795.60 | 0.131741 | ||||||||||||||||
| Yield Supplement Overcollaterization |
|
158,388,819.56 | 7,969,634.52 | 7,067,308.55 | ||||||||||||||||
| Total Adjusted Pool Balance |
|
1,302,083,334.21 | 178,407,656.20 | 164,470,487.05 | ||||||||||||||||
| Total Adjusted Securities |
1,302,083,334.21 | 178,407,656.20 | 164,470,487.05 | 0.126313 | ||||||||||||||||
| Class A-1 Notes |
5.42400 | % | 300,000,000.00 | 0.00 | 0.00 | 0.000000 | ||||||||||||||
| Class A-2a Notes |
5.34000 | % | 227,500,000.00 | 0.00 | 0.00 | 0.000000 | ||||||||||||||
| Class A-2b Notes |
4.27539 | % | 225,000,000.00 | 0.00 | 0.00 | 0.000000 | ||||||||||||||
| Class A-3 Notes |
4.91000 | % | 402,500,000.00 | 31,324,321.99 | 17,387,152.84 | 0.043198 | ||||||||||||||
| Class A-4 Notes |
4.85000 | % | 95,000,000.00 | 95,000,000.00 | 95,000,000.00 | 1.000000 | ||||||||||||||
| Certificates |
0.00000 | % | 52,083,334.21 | 52,083,334.21 | 52,083,334.21 | 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 |
13,937,169.15 | 128,168.68 | 34.6265072 | 0.3184315 | ||||||||||||||||
| Class A-4 Notes |
0.00 | 383,958.33 | — | 4.0416666 | ||||||||||||||||
| Certificates |
0.00 | 0.00 | — | — | ||||||||||||||||
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| Total Securities |
13,937,169.15 | 512,127.01 | ||||||||||||||||||
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| I. COLLECTIONS |
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| Interest: |
||||||||||||||||||||
| Interest Collections |
647,561.90 | |||||||||||||||||||
| Repurchased Loan Proceeds Related to Interest |
|
0.00 | ||||||||||||||||||
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| Total Interest Collections |
647,561.90 | |||||||||||||||||||
| Principal: |
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| Principal Collections |
14,686,886.73 | |||||||||||||||||||
| Repurchased Loan Proceeds Related to Principal |
|
0.00 | ||||||||||||||||||
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| Total Principal Collections |
14,686,886.73 | |||||||||||||||||||
| Recoveries of Defaulted Receivables |
|
183,822.42 | ||||||||||||||||||
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| Total Collections |
15,518,271.05 | |||||||||||||||||||
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| II. COLLATERAL POOL BALANCE DATA |
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| Number | Amount | |||||||||||||||||||
| Adjusted Pool Balance - Beginning of Period |
|
22,317 | 178,407,656.20 | |||||||||||||||||
| Total Principal Payment |
13,937,169.15 | |||||||||||||||||||
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| 21,455 | 164,470,487.05 | |||||||||||||||||||
Nissan Auto Receivables 2023-A Owner Trust
Servicer’s Certificate
| III. DISTRIBUTIONS |
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| Total Collections |
15,518,271.05 | |||
| Reserve Account Draw |
0.00 | |||
| Total Available for Distribution |
15,518,271.05 | |||
| 1. Reimbursement of Advance |
0.00 | |||
| 2. Servicing Fee: |
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| Servicing Fee Due |
155,314.41 | |||
| Servicing Fee Paid |
155,314.41 | |||
| 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 |
||||
| 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 |
128,168.68 | |||
| Class A-3 Notes Monthly Interest Paid |
128,168.68 | |||
| 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 |
383,958.33 | |||
| Class A-4 Notes Monthly Interest Paid |
383,958.33 | |||
| Change in Class A-4 Notes Interest Carryover Shortfall |
0.00 | |||
Nissan Auto Receivables 2023-A Owner Trust
Servicer’s Certificate
| Total Note Monthly Interest |
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| Total Note Monthly Interest Due |
512,127.01 | |||||||
| Total Note Monthly Interest Paid |
512,127.01 | |||||||
| Total Note Interest Carryover Shortfall |
0.00 | |||||||
| Change in Total Note Interest Carryover Shortfall |
0.00 | |||||||
| Total Available for Principal Distribution |
14,850,829.63 | |||||||
| 4. Total Monthly Principal Paid on the Notes |
13,937,169.15 | |||||||
| Total Noteholders’ Principal Carryover Shortfall |
0.00 | |||||||
| Total Noteholders’ Principal Distributable Amount |
13,937,169.15 | |||||||
| 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 |
913,660.48 | |||||||
| Deposit from Remaining Available Collections to fund Reserve Account |
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0.00 | ||||||
| Remaining Available Collections Released to Certificateholder |
913,660.48 | |||||||
| 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 |
4.18 | % | ||||||
| Weighted Average Remaining Maturity |
22.03 | |||||||
| Amount | Number | |||||||
| Principal on Defaulted Receivables |
152,608.39 | 13 | ||||||
| Principal Recoveries of Defaulted Receivables |
183,822.42 | |||||||
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| Monthly Net Losses |
(31,214.03 | ) | ||||||
| Pool Balance at Beginning of Collection Period |
186,377,290.72 | |||||||
| Net Loss Ratio for Third Preceding Collection Period |
-0.58 | % | ||||||
| Net Loss Ratio for Second Preceding Collection Period |
0.16 | % | ||||||
| Net Loss Ratio for Preceding Collection Period |
-0.29 | % | ||||||
| Net Loss Ratio for Current Collection Period |
-0.20 | % | ||||||
| Four-Month Average Net Loss Ratio |
-0.23 | % | ||||||
| Cumulative Net Losses for all Periods |
4,849,405.63 | |||||||
Nissan Auto Receivables 2023-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 |
1,940,601.47 | 186 | 1.13 | % | ||||||||
| 61-90 Days Delinquent |
411,810.27 | 44 | 0.24 | % | ||||||||
| 91-120 Days Delinquent |
72,931.49 | 9 | 0.04 | % | ||||||||
| More than 120 Days |
0.00 | 0 | 0.00 | % | ||||||||
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| Total 31+ Days Delinquent Receivables: |
2,425,343.23 | 239 | 1.41 | % | ||||||||
| 61+ Days Delinquencies as Percentage of Receivables (EOP): |
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| Delinquency Ratio for Third Preceding Collection Period |
0.19 | % | 0.15 | % | ||||||||
| Delinquency Ratio for Second Preceding Collection Period |
0.22 | % | 0.19 | % | ||||||||
| Delinquency Ratio for Preceding Collection Period |
0.32 | % | 0.21 | % | ||||||||
| Delinquency Ratio for Current Collection Period |
0.28 | % | 0.25 | % | ||||||||
| Four-Month Average Delinquency Ratio |
0.25 | % | 0.20 | % | ||||||||
| 60 Day Delinquent Receivables |
487,133.17 | |||||||||||
| Delinquency Percentage |
0.28 | % | ||||||||||
| Delinquency Trigger |
4.90 | % | ||||||||||
| Does the Delinquency Percentage exceed the Delinquency Trigger? |
No | |||||||||||
| Principal Balance of Extensions |
1,334,870.48 | |||||||||||
| Number of Extensions |
97 | |||||||||||
| 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 | ||||||||||