Exhibit 99.1

 

World Omni Auto Receivables Trust 2026-B            
Monthly Servicer Certificate            
August 31, 2026            
             
Dates Covered            
Collections Period   08/01/26 - 08/31/26           
Interest Accrual Period   08/17/26 - 09/14/26           
30/360 Days   30           
Actual/360 Days   29           
Distribution Date   09/15/26           
                
Collateral Pool Balance Data  $ Amount   # of Accounts      
Pool Balance at 07/31/26   1,146,059,046.42    42,852      
Yield Supplement Overcollateralization Amount 07/31/26   74,778,405.03    0      
Receivables Balance 07/31/26   1,220,837,451.45    42,852      
Principal Payments   43,108,595.06    1,222      
Defaulted Receivables   1,977,621.77    59      
Repurchased Accounts   0.00    0      
Yield Supplement Overcollateralization Amount at 08/31/26   71,278,940.37    0      
Pool Balance at 08/31/26   1,104,472,294.25    41,571      
                
Pool Statistics  $ Amount   # of Accounts      
Pool Factor   83.62%          
Prepayment ABS Speed   1.77%          
Aggregate Starting Principal Balance   1,406,046,144.06    46,693      
                
Delinquent Receivables:               
Past Due 31-60 days   12,034,833.99    446      
Past Due 61-90 days   3,613,516.47    141      
Past Due 91-120 days   1,369,965.94    43      
Past Due 121+ days   0.00    0      
 Total   17,018,316.40    630      
                
Total 31+ Delinquent as % Aggregate Ending Principal Balance   1.45%          
Total 61+ Delinquent as % Aggregate Ending Principal Balance   0.42%          
Delinquency Trigger Occurred   NO           
                
Recoveries   836,695.06           
Aggregate Net Losses/(Gains) - August 2026   1,140,926.71           
Ratio of Net Loss/(Gain) to the Receivables Balance as of beginning of Collection Period (Annualized):               
Current Net Losses/(Gains) Ratio   1.12%          
Prior Net Losses/(Gains) Ratio   0.88%          
Second Prior Net Losses/(Gains) Ratio   0.12%          
Third Prior Net Losses/(Gains) Ratio   0.12%          
Four Month Average   0.56%          
                
Cumulative Net Loss as a % of Aggregate Starting Principal Balance   0.17%          
                
Overcollateralization Target Amount   9,940,250.65           
Actual Overcollateralization   9,940,250.65           
Weighted Average Contract Rate   5.78%          
Weighted Average Contract Rate, Yield Adjusted   8.71%          
Weighted Average Remaining Term   56.58           
                
Flow of Funds  $ Amount           
Collections   49,808,478.00           
Investment Earnings on Cash Accounts   30,627.91           
Servicing Fee   (1,017,364.54)          
Transfer to Collection Account   -           
Available Funds   48,821,741.37           
                
Distributions of Available Funds               
    (1)  Asset Representation Reviewer Amounts (up to $150,000 per year)   -           
    (2)  Class A Interest   3,742,139.15           
    (3)  Noteholders' First Priority Principal Distributable Amount   -           
    (4)  Class B Interest   151,707.42           
    (5)  Noteholders' Second Priority Principal Distributable Amount   11,532,220.75           
    (6)  Class C Interest   79,947.00           
    (7)  Noteholders' Third Priority Principal Distributable Amount   19,740,000.00           
    (8)  Required Reserve Account   -           
    (9)  Noteholders' Principal Distributable Amount   9,940,250.65           
   (10)  Asset Representation Reviewer Amounts (in excess of 1)   -           
   (11)  Distribution to Certificateholders   3,635,476.40           
                
Total Distributions of Available Funds   48,821,741.37           
                
Servicing Fee   1,017,364.54           
Unpaid Servicing Fee   -           
Change in amount of the unpaid servicing fee from the prior period   -           

 

 

 

 

Note Balances & Note Factors  $ Amount           
Original Class A   1,257,140,000.00           
Original Class B   39,490,000.00           
Original Class C   19,740,000.00           
                
Total Class A, B, & C               
Note Balance @ 08/17/26   1,135,744,515.00           
Principal Paid   41,212,471.40           
Note Balance @ 09/15/26   1,094,532,043.60           
                
Class A-1               
Note Balance @ 08/17/26   87,374,515.00           
Principal Paid   41,212,471.40           
Note Balance @ 09/15/26   46,162,043.60           
Note Factor @ 09/15/26   17.2246431%          
                
Class A-2a               
Note Balance @ 08/17/26   250,000,000.00           
Principal Paid   0.00           
Note Balance @ 09/15/26   250,000,000.00           
Note Factor @ 09/15/26   100.0000000%          
                
Class A-2b               
Note Balance @ 08/17/26   199,140,000.00           
Principal Paid   0.00           
Note Balance @ 09/15/26   199,140,000.00           
Note Factor @ 09/15/26   100.0000000%          
                
Class A-3               
Note Balance @ 08/17/26   449,140,000.00           
Principal Paid   0.00           
Note Balance @ 09/15/26   449,140,000.00           
Note Factor @ 09/15/26   100.0000000%          
                
Class A-4               
Note Balance @ 08/17/26   90,860,000.00           
Principal Paid   0.00           
Note Balance @ 09/15/26   90,860,000.00           
Note Factor @ 09/15/26   100.0000000%          
                
Class B               
Note Balance @ 08/17/26   39,490,000.00           
Principal Paid   0.00           
Note Balance @ 09/15/26   39,490,000.00           
Note Factor @ 09/15/26   100.0000000%          
                
Class C               
Note Balance @ 08/17/26   19,740,000.00           
Principal Paid   0.00           
Note Balance @ 09/15/26   19,740,000.00           
Note Factor @ 09/15/26   100.0000000%          
                
Interest & Principal Payments  $ Amount           
Total Interest Paid   3,973,793.57           
Total Principal Paid   41,212,471.40           
Total Paid   45,186,264.97           
                
Class A-1               
Coupon   3.82200%          
Interest Paid   269,011.57           
Principal Paid   41,212,471.40           
Total Paid to A-1 Holders   41,481,482.97           
                
Class A-2a               
Coupon   4.11000%          
Interest Paid   856,250.00           
Principal Paid   0.00           
Total Paid to A-2a Holders   856,250.00           
                
Class A-2b               
SOFR Rate   3.63650%          
Coupon   4.01650%          
Interest Paid   644,320.24           
Principal Paid   0.00           
Total Paid to A-2b Holders   644,320.24           
                
Class A-3               
Coupon   4.37000%          
Interest Paid   1,635,618.17           
Principal Paid   0.00           
Total Paid to A-3 Holders   1,635,618.17           
                
Class A-4               
Coupon   4.45000%          
Interest Paid   336,939.17           
Principal Paid   0.00           
Total Paid to A-4 Holders   336,939.17           
                
Class B               
Coupon   4.61000%          
Interest Paid   151,707.42           
Principal Paid   0.00           
Total Paid to B Holders   151,707.42           

 

 

 

 

Class C               
Coupon   4.86000%          
Interest Paid   79,947.00           
Principal Paid   0.00           
Total Paid to C Holders   79,947.00           
                
Distribution per $1,000 of Notes  Total           
Total Interest Distribution Amount   3.0187512           
Total Interest Carryover Shortfall   0.0000000           
Total Principal Distribution Amount   31.3076653           
Total Distribution Amount   34.3264165           
                
A-1 Interest Distribution Amount   1.0037745           
A-1 Interest Carryover Shortfall   0.0000000           
A-1 Principal Distribution Amount   153.7778784           
Total A-1 Distribution Amount   154.7816529           
                
A-2a Interest Distribution Amount   3.4250000           
A-2a Interest Carryover Shortfall   0.0000000           
A-2a Principal Distribution Amount   0.0000000           
Total A-2a Distribution Amount   3.4250000           
                
A-2b Interest Distribution Amount   3.2355139           
A-2b Interest Carryover Shortfall   0.0000000           
A-2b Principal Distribution Amount   0.0000000           
Total A-2b Distribution Amount   3.2355139           
                
A-3 Interest Distribution Amount   3.6416667           
A-3 Interest Carryover Shortfall   0.0000000           
A-3 Principal Distribution Amount   0.0000000           
Total A-3 Distribution Amount   3.6416667           
                
A-4 Interest Distribution Amount   3.7083334           
A-4 Interest Carryover Shortfall   0.0000000           
A-4 Principal Distribution Amount   0.0000000           
Total A-4 Distribution Amount   3.7083334           
                
B Interest Distribution Amount   3.8416668           
B Interest Carryover Shortfall   0.0000000           
B Principal Distribution Amount   0.0000000           
Total B Distribution Amount   3.8416668           
                
C Interest Distribution Amount   4.0500000           
C Interest Carryover Shortfall   0.0000000           
C Principal Distribution Amount   0.0000000           
Total C Distribution Amount   4.0500000           
                
Noteholders' First Priority Principal Distributable Amount   0.00           
Noteholders' Second Priority Principal Distributable Amount   279.82           
Noteholders' Third Priority Principal Distributable Amount   478.98           
Noteholders' Principal Distributable Amount   241.20           
                
Account Balances  $ Amount           
Reserve Account               
Balance as of 08/17/26   3,290,943.97           
Investment Earnings   9,962.13           
Investment Earnings Paid   (9,962.13)          
Deposit/(Withdrawal)   -           
Balance as of 09/15/26   3,290,943.97           
Change   -           
                
Required Reserve Amount   3,290,943.97