Exhibit 99.1

 

World Omni Select Auto Trust 2026-A

Monthly Servicer Certificate

July 31, 2026       

 

Dates Covered                
Collections Period   07/04/26 - 07/31/26              
Interest Accrual Period   07/29/26 - 08/16/26              
30/360 Days   16              
Actual/360 Days   19              
Distribution Date   08/17/26              
                   
Collateral Pool Balance Data   $ Amount    # of Accounts         
Original Pool Balance   688,498,417.30    21,839         
Principal Payments   15,540,745.65    282         
Defaulted Receivables   45,418.68    3         
Repurchased Accounts   0.00    0         
Pool Balance at 07/31/26   672,912,252.97    21,554         
                   
Pool Statistics   $ Amount    # of Accounts         
Pool Factor   97.74%             
Prepayment ABS Speed   1.07%             
Aggregate Starting Principal Balance   688,498,417.30    21,839         
                   
Delinquent Receivables:                  
Past Due 31-60 days   19,206,006.56    753         
Past Due 61-90 days   271,063.99    9         
Past Due 91-120 days   31,435.86    1         
Past Due 121+ days   0.00    0         
 Total   19,508,506.41    763         
                   
Total 31+ Delinquent as % Ending Pool Balance   2.90%             
Total 61+ Delinquent as % Ending Pool Balance   0.04%             
Delinquency Trigger Occurred   NO              
                   
Recoveries   (4,378.11)             
Aggregate Net Losses/(Gains) - July 2026   49,796.79              
Ratio of Net Loss/(Gain) to the Receivables Balance as of beginning of Collection Period (Annualized):             
Current Net Losses/(Gains) Ratio   0.09%             
Prior Net Losses/(Gains) Ratio   N/A              
Second Prior Net Losses/(Gains) Ratio   N/A              
Third Prior Net Losses/(Gains) Ratio   N/A              
Four Month Average   N/A              
                   
Cumulative Net Loss as a % of Aggregate Starting Principal Balance   0.01%             
                   
Overcollateralization Target Amount   90,843,154.15              
Actual Overcollateralization   76,277,220.03              
Weighted Average Contract Rate   9.84%             
Weighted Average Remaining Term   66.63              

 

Flow of Funds   $ Amount              
Collections   20,488,343.87              
Investment Earnings on Cash Accounts   989.18              
Servicing Fee   (645,467.27)             
Transfer to Collection Account   -              
Available Funds   19,843,865.78              
                   
Distributions of Available Funds                  
    (1)  Asset Representation Reviewer Amounts (up to $150,000 per calendar year)   -              
    (2)  Class A Interest   1,147,289.52              
    (3)  Noteholders' First Priority Principal Distributable Amount   -              
    (4)  Class B Interest   63,981.87              
    (5)  Noteholders' Second Priority Principal Distributable Amount   -              
    (6)  Class C Interest   77,627.33              
    (7)  Noteholders' Third Priority Principal Distributable Amount   -              
    (8) Required Reserve Account   -              
    (9) Noteholders' Principal Distributable Amount   18,554,967.06              
   (10) Asset Representation Reviewer Amounts (in excess of 1)   -              
   (11) Distribution to Certificateholders   -              
                   
Total Distributions of Available Funds   19,843,865.78              
                   
Servicing Fee   645,467.27              
Unpaid Servicing Fee   0.00              
Change in amount of the unpaid servicing fee from the prior period   0.00              

 

 

 

 

Note Balances & Note Factors   $ Amount              
Original Class A   551,480,000.00              
Original Class B   29,260,000.00              
Original Class C   34,450,000.00              
                   
Total Class A, B, C                  
Original Note Balance   615,190,000.00              
Principal Paid   18,554,967.06              
Note Balance @ 08/17/26   596,635,032.94              

Class A-1                  
Original Note Balance   117,600,000.00              
Principal Paid   18,554,967.06              
Note Balance @ 08/17/26   99,045,032.94              
Note Factor @ 08/17/26   84.2219668%             
                   
Class A-2a                  
Original Note Balance   206,940,000.00              
Principal Paid   0.00              
Note Balance @ 08/17/26   206,940,000.00              
Note Factor @ 08/17/26   100.0000000%             
                   
Class A-2b                  
Original Note Balance   40,000,000.00              
Principal Paid   0.00              
Note Balance @ 08/17/26   40,000,000.00              
Note Factor @ 08/17/26   100.0000000%             
                   
Class A-3                  
Original Note Balance   186,940,000.00              
Principal Paid   0.00              
Note Balance @ 08/17/26   186,940,000.00              
Note Factor @ 08/17/26   100.0000000%             
                   
Class B                  
Original Note Balance   29,260,000.00              
Principal Paid   0.00              
Note Balance @ 08/17/26   29,260,000.00              
Note Factor @ 08/17/26   100.0000000%             
                   
Class C                  
Original Note Balance   34,450,000.00              
Principal Paid   0.00              
Note Balance @ 08/17/26   34,450,000.00              
Note Factor @ 08/17/26   100.0000000%             
                   
Interest & Principal Payments   $ Amount              
Total Interest Paid   1,288,898.72              
Total Principal Paid   18,554,967.06              
Total Paid   19,843,865.78              
                   
Class A-1                  
Coupon   4.03400%             
Interest Paid   250,376.93              
Principal Paid   18,554,967.06              
Total Paid to A-1 Holders   18,805,343.99              
                   
Class A-2a                  
Coupon   4.52000%             
Interest Paid   415,719.47              
Principal Paid   0.00              
Total Paid to A-2a Holders   415,719.47              
                   
Class A-2b                  
SOFR Rate   3.61807%             
Coupon   4.17807%             
Interest Paid   88,203.70              
Principal Paid   0.00              
Total Paid to A-2b Holders   88,203.70              
                   
Class A-3                  
Coupon   4.73000%             
Interest Paid   392,989.42              
Principal Paid   0.00              
Total Paid to A-3 Holders   392,989.42              
                   
Class B                  
Coupon   4.92000%             
Interest Paid   63,981.87              
Principal Paid   0.00              
Total Paid to B Holders   63,981.87              
                   
Class C                  
Coupon   5.07000%             
Interest Paid   77,627.33              
Principal Paid   0.00              
Total Paid to C Holders   77,627.33              

 

 

 

 

Distribution per $1,000 of Notes    Total               
Total Interest Distribution Amount   2.0951230              
Total Interest Carryover Shortfall   0.0000000              
Total Principal Distribution Amount   30.1613600              
Total Distribution Amount   32.2564830              
                   
A-1 Interest Distribution Amount   2.1290555              
A-1 Interest Carryover Shortfall   0.0000000              
A-1 Principal Distribution Amount   157.7803321              
Total A-1 Distribution Amount   159.9093876              
                   
A-2a  Interest Distribution Amount   2.0088889              
A-2a Interest Carryover Shortfall   0.0000000              
A-2a  Principal Distribution Amount   0.0000000              
Total A-2a  Distribution Amount   2.0088889              
                   
A-2b Interest Distribution Amount   2.2050925              
A-2b Interest Carryover Shortfall   0.0000000              
A-2b  Principal Distribution Amount   0.0000000              
Total A-2b  Distribution Amount   2.2050925              
                   
A-3 Interest Distribution Amount   2.1022222              
A-3 Interest Carryover Shortfall   0.0000000              
A-3 Principal Distribution Amount   0.0000000              
Total A-3 Distribution Amount   2.1022222              
                   
B Interest Distribution Amount   2.1866668              
B Interest Carryover Shortfall   0.0000000              
B Principal Distribution Amount   0.0000000              
Total B Distribution Amount   2.1866668              
                   
C Interest Distribution Amount   2.2533332              
C Interest Carryover Shortfall   0.0000000              
C Principal Distribution Amount   0.0000000              
Total C Distribution Amount   2.2533332              
                   
Noteholders' First Priority Principal Distributable Amount   0.00              
Noteholders' Second Priority Principal Distributable Amount   0.00              
Noteholders' Third Priority Principal Distributable Amount   0.00              
Noteholders' Principal Distributable Amount   1,000.00              

 

Account Balances   $ Amount              
Reserve Account                  
Balance as of 07/29/26   3,442,492.09              
Investment Earnings   989.18              
Investment Earnings Paid   (989.18)             
Deposit/(Withdrawal)   -              
Balance as of 08/17/26   3,442,492.09              
Change   -              
                   
Required Reserve Amount   3,442,492.09              

 

Credit Risk Retention Information                  
                   
World Omni Financial Corp. (“World Omni”), as “originator” for the purposes of the EU Securitization Rules (as defined in the Sale and Servicing Agreement), continues to retain, a material net economic interest (the “EU Retained Interest”), in the form of retention of a first loss tranche as described in option (d) of Article 6(3) of the EU Securitization Regulation, by holding all the limited liability company interests in World Omni Auto Receivables LLC (“WOAR”), which in turn retains the Certificates (as defined in the Sale and Servicing Agreement) issued by World Omni Select Auto Trust 2026-A, such Certificates representing at least 5% of the aggregate nominal value of the Receivables (as defined in the Sale and Servicing Agreement) in the pool.
                   
World Omni has not (and has not permitted WOAR or any of its other affiliates to subject the EU Retained Interest to any hedge or otherwise mitigate its credit risk under or associated with the EU Retained Interest, or sell, transfer or otherwise surrender all or part of the rights, benefits or obligations arising from the EU Retained Interest) subject the EU Retained Interest to any credit risk mitigation or hedging, or sell, transfer or otherwise surrender all or part of the rights, benefits or obligations arising from the EU Retained Interest, except, in each case to the extent permitted in accordance with the EU Securitization Rules.  Further, World Omni has not changed the retention option or method of calculating the EU Retained Interest.

 

Credit Risk Retention Information

 

The fair value of the Notes and the certificates is summarized below.  The totals in the table may not sum due to rounding:        
                   
    Fair Value    Fair Value         
    (in millions)    (as a percentage)         
Class of Securities                  
Class A Notes  $551.48    79.8%        
Class B Notes  $29.26    4.2%        
Class C Notes  $34.45    5.0%        
Certificates  $75.60    10.9%        
       Total  $690.79    100.0%        
                   
The fair value of the Certificates and Reserve Account is expected to represent at least 5% of the sum of the fair value of the Notes and the Certificates.