Exhibit 99.1
GM Financial Automobile Leasing Trust 2024-3
4.755% Exchange Note
Class A-1 4.74500% Asset Backed Notes
Class A-2A 4.29% Asset Backed Notes
Class A-2B Floating Asset Backed Notes
Class A-3 4.21% Asset Backed Notes
Class A-4 4.22% Asset Backed Notes
Class B 4.49% Asset Backed Notes
Class C 4.58% Asset Backed Notes
Servicer’s Certificate
| Beginning of Period: | 08/01/26 | ||||
| End of Period: | 08/31/26 | ||||
| Number of days in Interest Period (Actual/360): | 32 | ||||
| Number of days in Collection Period: | 31 | ||||
| Report Due Date: | 09/17/26 | ||||
| Distribution Date: | 09/21/26 | ||||
| Transaction Month: | 24 |
| 2024-3 | Original Agg. | |||||||||||
| Designated Pool | Units | Start Date | Closing Date | Securitization Value | ||||||||
| 46,461 | 08/21/2024 | 10/02/2024 | $ | 1,463,411,295 | ||||||||
| Total | 46,461 | $ | 1,463,411,295 | |||||||||
RECONCILIATION OF 2024-3 DESIGNATED POOL AGGREGATE SECURITIZATION VALUE
| {1} | Beginning of period Aggregate Securitization Value | {1} | $ | 471,429,675 | ||||||||
| {2} | Reduction in Agg. Securitization Value due to payments | {2} | 5,579,586 | |||||||||
| {3} | Reduction in Agg. Securitization Value due to Defaulted Leases | {3} | 464,756 | |||||||||
| {4} | Reduction in Agg. Securitization Value due to early terminations, dealer buyouts, cancellations, repurchases | {4} | 42,008,063 | |||||||||
| {5} | Other adjustments | {5} | 0 | |||||||||
| {6} | Total change in Agg. Securitization Value | {6} | 48,052,405 | |||||||||
| {7} | End of period Aggregate Securitization Value | {7} | $ | 423,377,270 | ||||||||
| {8} | Pool Factor | {8} | 28.930846 | % | ||||||||
RECONCILIATION OF 2024-3 EXCHANGE NOTE
| {9} | Original Exchange Note Balance | {9} | $ | 1,390,000,000 | ||||
| {10} | Beginning of period Exchange Note Balance | {10} | $ | 398,018,380 | ||||
| {11} | Exchange Note Principal Payment Amount | {11} | 48,052,405 | |||||
| {12} | End of period Exchange Note Balance | {12} | $ | 349,965,975 | ||||
| {13} | Note Pool Factor | {13} | 25.177408 | % |
1
RECONCILIATION OF THE ASSET BACKED NOTES
| Class A-1 | Class A-2A | Class A-2B | Class A-3 | Class A-4 | ||||||||||||||||||||
| {14} | Original Note Balance | {14} | $ | 175,760,000 | $ | 229,720,000 | $ | 265,000,000 | $ | 450,000,000 | $ | 71,500,000 | ||||||||||||
| {15} | Beginning of period Note Balance | {15} | $ | 0 | $ | 0 | $ | 0 | $ | 121,151,489 | $ | 71,500,000 | ||||||||||||
| {16} | Noteholders’ Principal Distributable Amount | {16} | 0 | 0 | 0 | 48,052,405 | 0 | |||||||||||||||||
| {17} | Noteholders’ Accelerated Principal Amount | {17} | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||
| {18} | Aggregate Principal Parity Amount | {18} | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||
| {19} | Matured Principal Shortfall | {19} | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||
| {20} | End of period Note Balance | {20} | $ | 0 | $ | 0 | $ | 0 | $ | 73,099,084 | $ | 71,500,000 | ||||||||||||
| {21} | Note Pool Factor | {21} | 0.000000 | % | 0.000000 | % | 0.000000 | % | 16.2442409 | % | 100.000000 | % | ||||||||||||
| Class B | Class C | TOTAL | ||||||||||||||
| {22} | Original Note Balance | {22} | $ | 65,120,000 | $ | 60,000,000 | $ | 1,317,100,000 | ||||||||
| {23} | Beginning of period Note Balance | {23} | $ | 65,120,000 | $ | 60,000,000 | $ | 317,771,489 | ||||||||
| {24} | Noteholders’ Principal Distributable Amount | {24} | 0 | 0 | 48,052,405 | |||||||||||
| {25} | Noteholders’ Accelerated Principal Amount | {25} | 0 | 0 | 0 | |||||||||||
| {26} | Aggregate Principal Parity Amount | {26} | 0 | 0 | 0 | |||||||||||
| {27} | Matured Principal Shortfall | {27} | 0 | 0 | 0 | |||||||||||
| {28} | End of period Note Balance | {28} | $ | 65,120,000 | $ | 60,000,000 | $ | 269,719,084 | ||||||||
| {29} | Note Pool Factor | {29} | 100.000000 | % | 100.000000 | % | 20.478254 | % | ||||||||
EXCHANGE NOTE MONTHLY PRINCIPAL PAYMENT AND INTEREST CALCULATIONS
Principal payment calculation:
| {30} | Beginning of period Designated Pool Balance | {30} | $ | 471,429,675 | ||||||||
| {31} | Ending Designated Pool Balance | {31} | 423,377,270 | |||||||||
| {32} | Unpaid prior Exchange Note Principal Payment Amount | {32} | 0 | |||||||||
| {33} | Sum of {31} + {32} | {33} | 423,377,270 | |||||||||
| {34} | Exchange Note Principal Payment Amount {30} - {33} | {34} | $ | 48,052,405 |
Interest calculation:
| Beg Note Balance | Interest Carryover | Interest Rate | Days | Days Basis | Interest | |||||||||||||||||||
| {35} | $ | 398,018,380 | $ | 0 | 4.755 | % | 30 | 30/360 | $ | 1,577,148 | ||||||||||||||
2
RECONCILIATION OF EXCHANGE NOTE COLLECTION ACCOUNT
Additions:
| {36} | 2024-3 Designated Pool Collections (net of Liquidation Proceeds and fees) | {36} | $ | 9,020,030 | ||||||||
| {37} | Net Liquidation Proceeds collected during period | {37} | 48,304,376 | |||||||||
| {38} | Investment Earnings | {38} | 185,135 | |||||||||
| {39} | Investment Earnings - transferred to Indenture Note Collection Account | {39} | (185,135 | ) | ||||||||
| {40} | Deposit from Servicer | {40} | 0 | |||||||||
| {41} | Total Additions: | {41} | 57,324,406 |
Distributions:
| {42} | To the Servicer, Designated Pool Servicing Fee | {42} | 392,858 | |||||||||
| {43} | To the 2024-3 Exchange Noteholder, the Exchange Note Interest Payment Amount | {43} | 1,577,148 | |||||||||
| {44} | To the 2024-3 Exchange Noteholder, the Exchange Note Principal Payment Amount | {44} | 48,052,405 | |||||||||
| {45} | To the 2024-3 Exchange Noteholder, any funds available to pay obligations pursuant to Indenture Section 8.3 (a)(i) through (xiv) | {45} | 0 | |||||||||
| {46} | To the 2024-3 Exchange Noteholder, all remaining funds to be applied as Excess Exchange Note Payments | {46} | 7,301,995 | |||||||||
| {47} | Total Distributions: | {47} | $ | 57,324,406 |
NOTEHOLDERS’ MONTHLY PRINCIPAL PAYMENT AND INTEREST CALCULATIONS
Noteholders’ Principal Distributable calculation:
| {48} | Beginning Agg. Securitization Value | {48} | $ | 471,429,675 | ||||||||||||||||
| {49} | Ending Agg. Securitization Value | {49} | 423,377,270 | |||||||||||||||||
| {50} | Principal Distributable Amount {48} - {49} | {50} | 48,052,405 | |||||||||||||||||
| {51} | Noteholders’ Principal Carryover Amount | {51} | 0 | |||||||||||||||||
| {52} | Principal Distributable Amount + Noteholders’ Principal Carryover Amount | {52} | 48,052,405 | |||||||||||||||||
| {53} | Amount required to reduce Outstanding Amount after giving effect to distributions made pursuant to Indenture Section 8.3 (a) (i) through (x) to the Required Pro Forma Note Balance | {53} | 48,052,405 | |||||||||||||||||
| {54} | Noteholders’ Principal Distributable Amount Lesser of {52} and {53} | {54} | $ | 48,052,405 |
Noteholders’ Interest Distributable calculation:
| Class | Beg Note Balance | Interest Carryover | Interest Rate | Days | Days Basis | Interest | ||||||||||||||||||
| {55} | Class A-1 | $ | 0 | $ | 0 | 4.74500 | % | 32 | Actual/360 | $ | 0 | |||||||||||||
| {56} | Class A-2A | $ | 0 | 0 | 4.29 | % | 30 | 30/360 | 0 | |||||||||||||||
| {57} | Class A-2B | $ | 0 | 0 | 4.10884 | % | 32 | Actual/360 | 0 | |||||||||||||||
| {58} | Class A-3 | $ | 121,151,489 | 0 | 4.21 | % | 30 | 30/360 | 425,040 | |||||||||||||||
| {59} | Class A-4 | $ | 71,500,000 | 0 | 4.22 | % | 30 | 30/360 | 251,442 | |||||||||||||||
| {60} | Class B | $ | 65,120,000 | 0 | 4.49 | % | 30 | 30/360 | 243,658 | |||||||||||||||
| {61} | Class C | $ | 60,000,000 | 0 | 4.58 | % | 30 | 30/360 | 229,000 | |||||||||||||||
3
RECONCILIATION OF INDENTURE COLLECTION ACCOUNT
Available Funds:
| {62} | 2024-3 Exchange Note Collections | {62} | $ | 56,931,548 | ||||||||
| {63} | Investment Earnings | {63} | 0 | |||||||||
| {64} | Investment Earnings - transferred from Exchange Note Collection Account | {64} | 185,135 | |||||||||
| {65} | Investment Earnings - and amounts released from Reserve Account pursuant to Section 2.14(b)(ii) of Servicing Supplement | {65} | 10,948 | |||||||||
| {66} | Optional Purchase Price | {66} | 0 | |||||||||
| {67} | Indenture Section 5.4 disposition of Collateral | {67} | 0 | |||||||||
| {68} | Available Funds: | {68} | 57,127,631 | |||||||||
| {69} | Reserve Account Withdrawal Amount | {69} | 0 | |||||||||
| {70} | Total Distributable Funds: | {70} | 57,127,631 |
Distributions:
| {71} | To the Successor Servicer, unpaid transition expenses, pro rata | {71} | 0 | |||||||||
| {72} | To the Indenture Trustee, any accrued and unpaid fees & expenses, pro rata | {72} | 417 | |||||||||
| {73} | To the Issuer Owner Trustee, any accrued and unpaid fees & expenses, pro rata | {73} | 250 | |||||||||
| {74} | To the Asset Representations Reviewer, any accrued and unpaid fees & expenses, pro rata | {74} | 0 | |||||||||
| {75} | Class A-1 Noteholders’ Interest Distributable Amount pari passu | {75} | 0 | |||||||||
| {76} | Class A-2A Noteholders’ Interest Distributable Amount pari passu | {76} | 0 | |||||||||
| {77} | Class A-2B Noteholders’ Interest Distributable Amount pari passu | {77} | 0 | |||||||||
| {78} | Class A-3 Noteholders’ Interest Distributable Amount pari passu | {78} | 425,040 | |||||||||
| {79} | Class A-4 Noteholders’ Interest Distributable Amount pari passu | {79} | 251,442 | |||||||||
| {80} | Class A Noteholders’ Principal Parity Amount or Matured Principal Shortfall | {80} | 0 | |||||||||
| {81} | Class B Noteholders’ Interest Distributable Amount | {81} | 243,658 | |||||||||
| {82} | Class B Noteholders’ Principal Parity Amount or Matured Principal Shortfall | {82} | 0 | |||||||||
| {83} | Class C Noteholders’ Interest Distributable Amount | {83} | 229,000 | |||||||||
| {84} | Class C Noteholders’ Principal Parity Amount or Matured Principal Shortfall | {84} | 0 | |||||||||
| {85} | Noteholders’ Principal Distributable Amount | {85} | 48,052,405 | |||||||||
| {86} | To the Reserve Account, the Reserve Account Required Amount | {86} | 0 | |||||||||
| {87} | To the Noteholders, the Accelerated Principal Amount (as calculated below) | {87} | 0 | |||||||||
| {88} | To the Successor Servicer, any amounts in excess of the caps set forth, pro rata | {88} | 0 | |||||||||
| {89} | To the Indenture Trustee, any amounts in excess of the caps set forth, pro rata | {89} | 0 | |||||||||
| {90} | To the Asset Representations Reviewer, any amounts in excess of the caps set forth, pro rata | {90} | 0 | |||||||||
| {91} | To the Issuer Owner Trustee, any amounts in excess of the caps set forth, pro rata | {91} | 0 | |||||||||
| {92} | To the Issuer Trust Certificateholders, the aggregate amount remaining | {92} | 7,925,419 | |||||||||
| {93} | Total Distributions: | {93} | $ | 57,127,631 |
4
PRINCIPAL PARITY AMOUNT CALCULATION
| Class | (X) Cumulative Note Balance | (Y) Aggregate Securitization Value | (I) Excess of (X) - (Y) | (II) Total Available Funds in Indenture Collection Account | Lesser of (I) or (II) | |||||||||||||||||
| {94} | Class A | $ | 192,651,489 | $ | 423,377,270 | $ | 0 | $ | 56,450,482 | $ | 0 | |||||||||||
| {95} | Class B | 257,771,489 | 423,377,270 | 0 | 56,206,824 | 0 | ||||||||||||||||
| {96} | Class C | 317,771,489 | 423,377,270 | 0 | 55,977,824 | 0 | ||||||||||||||||
ACCELERATED PRINCIPAL AMOUNT CALCULATION
| {97} | Excess Total Available Funds | {97} | $ | 7,925,419 | ||||||||||||||||
| {98} | Beginning Note Balance | {98} | 317,771,489 | |||||||||||||||||
| {99} | Principal payments through Indenture Section 8.3 (a) (i) through (xii) | {99} | 48,052,405 | |||||||||||||||||
| {100} | Pro-Forma Note Balance | {100} | 269,719,084 | |||||||||||||||||
| {101} | Ending Aggregate Securitization Value | {101} | 423,377,270 | |||||||||||||||||
| {102} | 11.0% of Aggregate Securitization Value as of Cutoff until Class A-2 is paid in full, 10.5% Thereafter ($153,658,186) | {102} | 153,658,186 | |||||||||||||||||
| {103} | Required Pro Forma Note Balance {101} - {102} | {103} | 269,719,084 | |||||||||||||||||
| {104} | Excess of Pro Forma Balance minus Required Pro Forma Balance {100} - {103} | {104} | 0 | |||||||||||||||||
| {105} | Lesser of Excess Total Available Funds and Excess of Pro Forma Note Balance | {105} | $ | 0 |
OVERCOLLATERALIZATION CALCULATIONS
Exchange Note:
| {106} | Ending Aggregate Securitization Value | {106} | $ | 423,377,270 | ||||||||
| {107} | End of Period Note Balance | {107} | 349,965,975 | |||||||||
| {108} | Overcollateralization | {108} | 73,411,295 | |||||||||
| {109} | Overcollateralization % | {109} | 17.34 | % |
Asset Backed Notes:
| {110} | Ending Aggregate Securitization Value | {110} | 423,377,270 | |||||||||
| {111} | End of Period Note Balance | {111} | 269,719,084 | |||||||||
| {112} | Overcollateralization | {112} | 153,658,186 | |||||||||
| {113} | Overcollateralization % | {113} | 36.29 | % |
5
RECONCILIATION OF 2024-3 CASH RESERVE ACCOUNT
| {114} | Specified Reserve Balance | {114} | $ | 3,658,528 | ||||||||
| {115} | Beginning of Period Reserve Account balance | {115} | $ | 3,658,528 | ||||||||
| {116} | Investment Earnings | {116} | 10,948 | |||||||||
| {117} | From the Indenture Collection Account, the Reserve Account Required Amount | {117} | 0 | |||||||||
| {118} | To the Indenture Collection Account, the Reserve Account Withdrawal Amount | {118} | 0 | |||||||||
| {119} | Total Reserve balance available: | {119} | 3,669,476 | |||||||||
| {120} | Specified Reserve Balance | {120} | 3,658,528 | |||||||||
| {121} | Release Excess Cash to Indenture Collection Available Funds | {121} | 10,948 | |||||||||
| {122} | End of period Reserve Account balance | {122} | $ | 3,658,528 |
ASSET REPRESENTATIONS REVIEW DELINQUENCY TRIGGER
| Dollars | Percentage | |||||||||||
| {123} | Receivables with Scheduled Payment delinquent 61 days or more | {123} | $ | 1,928,448 | 0.46 | % | ||||||
| {124} | Compliance (Trigger Violation is a Delinquency Rate Greater Than 2.10%) | {124} | Yes | |||||||||
| By: | /s/ Ellen Billings | ||
| Name: | Ellen Billings | ||
| Title: | Senior Vice President, Controller – North America | ||
| Date: | September 16, 2026 |
6
GM Financial
GMALT 2024-3
Supplemental Monthly Data
August 31, 2026
| Aggregate Securitization Value | Residual Value | |||||||||
| Beginning of Period | $ | 471,429,675 | $ | 427,064,107 | ||||||
| Change | (48,052,405 | ) | (41,230,853 | ) | ||||||
| End of Period | $ | 423,377,270 | $ | 385,833,254 | ||||||
| Residual Value as % of Agg. Securitization Value | 91.13 | % | ||||||||
Delinquency
| Leases with scheduled payment delinquent | Number of Leases | Agg. Securitization Value | Percentage(1) | |||||||||||
| 0 - 30 days | 16,122 | 418,896,353 | 98.94 | % | ||||||||||
| 31 - 60 days | 93 | 2,552,469 | 0.60 | % | ||||||||||
| 61 - 90 days | 50 | 1,508,513 | 0.36 | % | ||||||||||
| 91 - 120 days | 13 | 419,935 | 0.10 | % | ||||||||||
| Total | 16,278 | 423,377,270 | 100.00 | % | ||||||||||
Lease Terminations
| Current Period | Cumulative | |||||||||||||||||
| Number of Leases | Agg. Securitization Value | Number of Leases | Agg. Securitization Value | |||||||||||||||
| Retained vehicles by lessee | ||||||||||||||||||
| Early terminations | 670 | 15,571,669 | 13,750 | 372,772,114 | ||||||||||||||
| Standard terminations | 559 | 12,354,809 | 5,724 | 127,490,907 | ||||||||||||||
| Total retained by lessee | 1,229 | 27,926,478 | 19,474 | 500,263,021 | ||||||||||||||
| Returned Vehicles | ||||||||||||||||||
| Early terminations | 259 | 6,857,766 | 4,996 | 128,882,364 | ||||||||||||||
| Standard terminations | 283 | 7,223,819 | 4,563 | 114,801,047 | ||||||||||||||
| Total returned to dealer | 542 | 14,081,585 | 9,559 | 243,683,411 | ||||||||||||||
| Charged off leases / Repossessed vehicles | 17 | 464,756 | 1,149 | 33,971,175 | ||||||||||||||
| Repurchases | 0 | 0 | 1 | 14,390 | ||||||||||||||
| Other | 0 | 0 | 0 | 0 | ||||||||||||||
| Total terminations | 1,788 | 42,472,819 | 30,183 | 777,931,997 | ||||||||||||||
Lease Extensions/Deferments
| Current Period | ||||||||||||||
| Number of Leases | Agg. Securitization Value | Percentage | ||||||||||||
| Term Extensions | 149 | 2,968,591 | 0.63 | % | ||||||||||
| Deferments | 8 | 296,699 | 0.06 | % | ||||||||||
7
Net Credit (Gain) Loss
| Current Period | Cumulative | |||||||||||
| Agg. Securitized Value of early term defaults | 464,756 | 33,971,175 | ||||||||||
| less: Sales proceeds | 573,267 | 35,111,163 | ||||||||||
| less: Excess wear and excess mileage received | 0 | 5,022 | ||||||||||
| less: Other amounts received | 0 | 0 | ||||||||||
| Net Credit (Gain) Loss | (108,511 | ) | (1,145,010 | ) | ||||||||
Residual (Gain) Loss on Returned Vehicles
| Agg. Securitized Value of returned vehicles sold by Servicer | 14,072,848 | 243,242,296 | ||||||||||
| add: Reimbursement of outstanding residual advance | N/A | N/A | ||||||||||
| less: Sales proceeds | 15,439,740 | 269,122,952 | ||||||||||
| less: Excess wear and excess mileage received | 130,544 | 1,319,967 | ||||||||||
| less: Other recovery amounts | 0 | 0 | ||||||||||
| Residual (Gain) Loss | (1,497,436 | ) | (27,200,623 | ) | ||||||||
| Current Period | Prev. Month | |||||||||
| Prepay Speed | 1.0318 | % | 1.2773 | % | ||||||
| Return Rate based on Scheduled to Terminate(2) | 25.9579 | % | 26.8384 | % | ||||||
| Return Rate based on Terminated Leases(3) | 30.3132 | % | 27.6812 | % | ||||||
| (1) Percentages may not add to 100% due to rounding. |
| (2) Percentage of total number of vehicles returned to dealer over number of vehicles scheduled to terminate per month. |
| (3) Percentage of total number of vehicles returned to dealer over number of vehicles terminated per month. |
8