Exhibit 99.1
Nissan Auto Receivables 2023-A Owner Trust
Servicer’s Certificate
| Collection Period |
31-Aug-26 | 30/360 Days | 30 | Collection Period Start | 1-Aug-26 | |||||||||||
| Distribution Date |
15-Sep-26 | Actual/360 Days | 29 | Collection Period End | 31-Aug-26 | |||||||||||
| Prior Month Settlement Date | 17-Aug-26 | |||||||||||||||
| Current Month Settlement Date | 15-Sep-26 |
| Coupon Rate | Initial Balance | Beginning Balance | Ending Balance | Pool Factor | ||||||||||||||||
| Pool Balance |
1,460,472,153.77 | 171,537,795.60 | 158,006,407.19 | 0.121349 | ||||||||||||||||
| Yield Supplement Overcollaterization |
|
158,388,819.56 | 7,067,308.55 | 6,279,948.51 | ||||||||||||||||
| Total Adjusted Pool Balance |
|
1,302,083,334.21 | 164,470,487.05 | 151,726,458.68 | ||||||||||||||||
| Total Adjusted Securities |
1,302,083,334.21 | 164,470,487.05 | 151,726,458.68 | 0.116526 | ||||||||||||||||
| 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 |
4.28650 | % | 225,000,000.00 | 0.00 | 0.00 | 0.000000 | ||||||||||||||
| Class A-3 Notes |
4.91000 | % | 402,500,000.00 | 17,387,152.84 | 4,643,124.47 | 0.011536 | ||||||||||||||
| 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 |
12,744,028.37 | 71,142.43 | 31.6621823 | 0.1767514 | ||||||||||||||||
| Class A-4 Notes |
0.00 | 383,958.33 | — | 4.0416666 | ||||||||||||||||
| Certificates |
0.00 | 0.00 | — | — | ||||||||||||||||
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| Total Securities |
12,744,028.37 | 455,100.76 | ||||||||||||||||||
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| I. COLLECTIONS |
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| Interest: |
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| Interest Collections |
601,050.75 | |||||||||||||||||||
| Repurchased Loan Proceeds Related to Interest |
|
0.00 | ||||||||||||||||||
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| Total Interest Collections |
601,050.75 | |||||||||||||||||||
| Principal: |
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| Principal Collections |
13,337,429.35 | |||||||||||||||||||
| Repurchased Loan Proceeds Related to Principal |
|
0.00 | ||||||||||||||||||
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| Total Principal Collections |
13,337,429.35 | |||||||||||||||||||
| Recoveries of Defaulted Receivables |
|
181,197.15 | ||||||||||||||||||
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| Total Collections |
14,119,677.25 | |||||||||||||||||||
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| II. COLLATERAL POOL BALANCE DATA |
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| Number | Amount | |||||||||||||||||||
| Adjusted Pool Balance - Beginning of Period |
|
21,455 | 164,470,487.05 | |||||||||||||||||
| Total Principal Payment |
12,744,028.37 | |||||||||||||||||||
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| 20,684 | 151,726,458.68 | |||||||||||||||||||
Nissan Auto Receivables 2023-A Owner Trust
Servicer’s Certificate
| III. DISTRIBUTIONS |
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| Total Collections |
14,119,677.25 | |||
| Reserve Account Draw |
0.00 | |||
| Total Available for Distribution |
14,119,677.25 | |||
| 1. Reimbursement of Advance |
0.00 | |||
| 2. Servicing Fee: |
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| Servicing Fee Due |
142,948.16 | |||
| Servicing Fee Paid |
142,948.16 | |||
| 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 |
71,142.43 | |||
| Class A-3 Notes Monthly Interest Paid |
71,142.43 | |||
| 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 |
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 |
455,100.76 | |||||||
| Total Note Monthly Interest Paid |
455,100.76 | |||||||
| Total Note Interest Carryover Shortfall |
0.00 | |||||||
| Change in Total Note Interest Carryover Shortfall |
0.00 | |||||||
| Total Available for Principal Distribution |
13,521,628.33 | |||||||
| 4. Total Monthly Principal Paid on the Notes |
12,744,028.37 | |||||||
| Total Noteholders’ Principal Carryover Shortfall |
0.00 | |||||||
| Total Noteholders’ Principal Distributable Amount |
12,744,028.37 | |||||||
| 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 |
777,599.96 | |||||||
| Deposit from Remaining Available Collections to fund Reserve Account |
|
0.00 | ||||||
| Remaining Available Collections Released to Certificateholder |
777,599.96 | |||||||
| 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 |
4.23 | % | ||||||
| Weighted Average Remaining Maturity |
21.39 | |||||||
| Amount | Number | |||||||
| Principal on Defaulted Receivables |
193,959.06 | 16 | ||||||
| Principal Recoveries of Defaulted Receivables |
181,197.15 | |||||||
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| Monthly Net Losses |
12,761.91 | |||||||
| Pool Balance at Beginning of Collection Period |
171,537,795.60 | |||||||
| Net Loss Ratio for Third Preceding Collection Period |
0.16 | % | ||||||
| Net Loss Ratio for Second Preceding Collection Period |
-0.29 | % | ||||||
| Net Loss Ratio for Preceding Collection Period |
-0.20 | % | ||||||
| Net Loss Ratio for Current Collection Period |
0.09 | % | ||||||
| Four-Month Average Net Loss Ratio |
-0.06 | % | ||||||
| Cumulative Net Losses for all Periods |
4,862,167.54 | |||||||
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 |
1,702,586.79 | 165 | 1.08 | % | ||||||||
| 61-90 Days Delinquent |
537,382.67 | 42 | 0.34 | % | ||||||||
| 91-120 Days Delinquent |
19,555.29 | 7 | 0.01 | % | ||||||||
| More than 120 Days |
0.00 | 0 | 0.00 | % | ||||||||
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| Total 31+ Days Delinquent Receivables: |
2,259,524.75 | 214 | 1.43 | % | ||||||||
| 61+ Days Delinquencies as Percentage of Receivables (EOP): |
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| Delinquency Ratio for Third Preceding Collection Period |
0.22 | % | 0.19 | % | ||||||||
| Delinquency Ratio for Second Preceding Collection Period |
0.32 | % | 0.21 | % | ||||||||
| Delinquency Ratio for Preceding Collection Period |
0.28 | % | 0.25 | % | ||||||||
| Delinquency Ratio for Current Collection Period |
0.35 | % | 0.24 | % | ||||||||
| Four-Month Average Delinquency Ratio |
0.30 | % | 0.22 | % | ||||||||
| 60 Day Delinquent Receivables |
581,017.19 | |||||||||||
| Delinquency Percentage |
0.37 | % | ||||||||||
| Delinquency Trigger |
4.90 | % | ||||||||||
| Does the Delinquency Percentage exceed the Delinquency Trigger? |
No | |||||||||||
| Principal Balance of Extensions |
1,036,835.58 | |||||||||||
| Number of Extensions |
87 | |||||||||||
| 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 | ||||||||||