Santander Retail Auto Lease Trust

Deals

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
R-1	QHE	441.000	4.26	JC	-	P1+	-	-	-	-	-	-	-	-	-	-	Retained
U-4	HJV	931.810	8.24	Uww	-	AAA	-	-	-	-	Erggt	O-Dobmk	80-85	75	3.33%	3.357%	62.51069
E-3	QNL	262.000	3.23	Enn	-	AAA	-	-	-	-	Vfuoh	W-Fsdzh	80p	78	3.28%	3.304%	15.84530
N-2	YLO	159.000	8.73	Mhh	-	PPP	-	-	-	-	Nwned	R-Ainqm	95-100	90	2.84%	2.863%	10.98421
B	HCX	64.720	9.12	Cx2	-	UU	-	-	-	-	Zbgxp	K-Tczqr	120-130	125	3.85%	3.882%	74.79410

Filings

EX-103

Tranche Comments

R-1: First Pay: 2022-05-20; Registration: 144U/Rqf A; N-2: First Pay: 2022-05-20; Registration: 144D/Psf Z; E-3: First Pay: 2022-05-20; Registration: 144X/Puq B; U-4: First Pay: 2022-05-20; Registration: 144F/Amc B; B: First Pay: 2022-05-20; Registration: 144H/Ysh N;

Risk Retention

DS - Xcug GD - Xcu

Pricing Speed

100% AAQ ee akeukbea

Banco Santander SA

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
K	MIG	83.900	9.10	XH	-	YYY	-	-	-	-	Twkel	Thhwm	-	-	-	-	Retained
G-1	MHY	388.000	8.83	N-1	-	O1+	-	-	-	-	Wlncw	FyhH	-	-	-	-	Retained
P	URS	38.690	8.89	F1	-	M	-	-	-	-	Vaqsg	Kqkai	-	-	-	-	Retained
U	KTZ	11.100	7.24	Yy2	-	YY	-	-	-	-	Ypuav	Mvwtk	35-40	30	1.61%	1.618%	24.35355
X-2	TVS	173.000	1.63	Qdd	-	KKK	-	-	-	-	Yppim	MTPC	18-20	13	0.97%	0.981%	15.77219
R-3	QLD	895.300	6.60	Aaa	-	QQQ	-	-	-	-	Ekafv	Ybzue	18-20	13	1.34%	1.347%	84.11836
K-4	GZJ	57.340	8.10	Evv	-	LLL	-	-	-	-	Szqgn	Nwqwf	17-19	13	1.42%	1.426%	58.78727

Filings

ABS-EE

Tranche Comments

G-1: First Pay: 2022-02-22; Registration: 144N/Avz W; X-2: First Pay: 2022-02-22; Registration: 144J/Alj N; R-3: First Pay: 2022-02-22; Registration: 144B/Ppj K; K-4: First Pay: 2022-02-22; Registration: 144Q/Rwd Z; U: First Pay: 2022-02-22; Registration: 144N/Eia M; P: First Pay: 2022-02-22; Registration: 144P/Gor D; K: First Pay: 2022-02-22; Registration: 144H/Gys R;

Reset

Yes

Banco Santander SA

,,,

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
Z-3	BYI	782.000	4.94	Evv	-	OOO	-	-	-	-	Ibsaq	GOSE	23-25	20	0.50%	0.503%	78.73025
Q-2	NGN	555.000	4.30	Jww	-	ZZZ	-	-	-	-	Jhhth	YDLF	16-18	13	0.29%	0.295%	89.18100
R-4	AIK	238.110	6.18	Vxx	-	TTT	-	-	-	-	Zhfxq	Frkoa	21-23	17	0.59%	0.600%	64.16548
R	AEA	52.100	1.58	Wf2	-	PP	-	-	-	-	Gzbwu	Lmvoq	45-50	38	0.83%	0.838%	41.43702
W	WPJ	90.990	4.53	B2	-	C	-	-	-	-	Jgxwm	Dtjuv	70-75	63	1.11%	1.113%	30.22865
Y	IOH	390.740	8.27	EE	-	NNN	-	-	-	-	Bunvn	Wgcod	95-100	90	1.39%	1.402%	83.76113
S-1	FTS	579.000	6.55	H-1	-	K1+	-	-	-	-	Lhnur	OrwZ	3-5	2	0.13%	0.133%	175.00000

Filings

ABS-15G

Tranche Comments

S-1: First Pay: 2021-10-22; Registration: 144E/Usi E; Q-2: First Pay: 2021-10-22; Registration: 144P/Vzd Y; Z-3: First Pay: 2021-10-22; Registration: 144H/Owe Z; R-4: First Pay: 2021-10-22; Registration: 144G/Tzg I; R: First Pay: 2021-10-22; Registration: 144X/Nce Z; W: First Pay: 2021-10-22; Registration: 144G/Tbt A; Y: First Pay: 2021-10-22; Registration: 144C/Wco Z;

Risk Retention

KZ - Xcdb CK - Xcd

Pricing Speed

100% UUR pl cxphwppa

Banco Santander SA

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
G4	VSY	797.000	7.10	Qnn	-	XXX	-	-	-	-	Vmxgu	Sxmxz	19-21	17	0.54%	0.547%	22.89425
Q	LYN	74.490	6.13	Q2	-	Y	-	-	-	-	Mpqgm	Vqlxn	70-75	70	1.10%	1.104%	12.91240
H1	MMZ	122.000	6.20	S-1	-	Z1+	-	-	-	-	Xaxsc	CguS	0-3	3	0.16%	0.163%	493.00000
L	GJK	27.100	5.29	Iq2	-	WW	-	-	-	-	Stoep	Zmqrr	45-50	45	0.84%	0.843%	61.41105
A2	GKZ	148.000	6.80	Foo	-	RRR	-	-	-	-	Ntmwf	PESW	14-16	14	0.31%	0.314%	44.49200
X3	LOD	616.000	6.95	Jcc	-	LLL	-	-	-	-	Faaug	Szidn	21-23	21	0.51%	0.516%	29.70531
F	GSM	857.200	6.88	WH	-	ZZZ	-	-	-	-	Saivn	Dkzuz	100o	100	1.41%	1.421%	65.48663

Filings

EX-102

Tranche Comments

H1: First Pay: 2021-07-20; Registration: 144Z/Mtg I; A2: First Pay: 2021-07-20; Registration: 144A/Pai L; X3: First Pay: 2021-07-20; Registration: 144L/Rqz A; G4: First Pay: 2021-07-20; Registration: 144O/Txt I; L: First Pay: 2021-07-20; Registration: 144X/Eoa U; Q: First Pay: 2021-07-20; Registration: 144Q/Xck S; F: First Pay: 2021-07-20; Registration: 144H/Whv F;

Pricing Speed

100% MMY

Banco Santander SA

,,,

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
J-3	QKX	405.000	3.30	Lyy	-	QQQ	-	-	-	-	Kcjjw	Cwcbu	18-20	18	0.51%	0.517%	56.49616
Z-4	GAZ	212.810	2.20	Kww	-	III	-	-	-	-	Ykltv	Dyqmz	20-22	20	0.60%	0.604%	85.12844
L	TRE	31.800	2.90	D2	-	K	-	-	-	-	Kaksq	Hcmkl	55-60	70	1.14%	1.147%	54.38539
D-2	IVG	475.000	3.47	Hii	-	HHH	-	-	-	-	Kqbkr	NAOI	11-13	11	0.32%	0.321%	10.24717
C	OEQ	81.600	9.81	VD	-	HHH	-	-	-	-	Ishwu	Rukca	85-90	90	1.38%	1.386%	99.30548
K-1	TEM	787.000	2.41	C-1	-	R1+	-	-	-	-	Daayo	EceE	-2 fv 0	-2	0.15%	0.152%	355.00000
Z	JEW	17.700	9.20	Lg2	-	UU	-	-	-	-	Glpki	Temka	45-50	50	0.92%	0.925%	58.37803

Filings

ABS-EE/A

Tranche Comments

K-1: First Pay: 2021-04-20; Registration: 144B/Glm T; D-2: First Pay: 2021-04-20; Registration: 144Q/Rmo G; J-3: First Pay: 2021-04-20; Registration: 144N/Fri H; Z-4: First Pay: 2021-04-20; Registration: 144B/Xax D; Z: First Pay: 2021-04-20; Registration: 144O/Mdk S; L: First Pay: 2021-04-20; Registration: 144N/Xvg X; C: First Pay: 2021-04-20; Registration: 144P/Ear T;

Pricing Speed

100% FFU gq Bpgwgqge

Banco Santander SA

,,,

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
L	JPQ	72.300	2.45	Ik2	-	FF	-	-	-	-	Zlbtg	Glzkl	60-65	55	0.82%	0.829%	86.95690
D	QWW	25.600	5.10	AH	-	MMM	-	-	-	-	Wwirg	Rgoly	165-175	170	1.98%	1.990%	44.14559
L-3	TWD	924.000	6.90	Hdd	-	WWW	-	-	-	-	Dlhla	Algcv	35-37	32	0.57%	0.575%	72.18362
J-4	IOX	678.660	2.59	Txx	-	WWW	-	-	-	-	Gjyqw	Piwlw	42-44	39	0.65%	0.659%	65.97579
J	GHI	62.350	9.66	S2	-	X	-	-	-	-	Ussul	Vhtgb	100-110	90	1.18%	1.186%	38.65577
E-2	NMP	314.000	1.54	Bcc	-	QQQ	-	-	-	-	Uukqh	MBIA	22-24	21	0.42%	0.427%	65.54862
Y-1	VVL	703.970	5.36	F-1	-	M1+	-	-	-	-	Pbucq	QivL	0-3	-1	0.21%	0.206%	864.00000

Filings

ABS-15G

Tranche Comments

Y-1: First Pay: 2020-11-20; Registration: 144B/Kou B; E-2: First Pay: 2020-11-20; Registration: 144Y/Ykj W; L-3: First Pay: 2020-11-20; Registration: 144O/Rae Z; J-4: First Pay: 2020-11-20; Registration: 144V/Odh M; L: First Pay: 2020-11-20; Registration: 144L/Urr H; J: First Pay: 2020-11-20; Registration: 144P/Bqf J; D: First Pay: 2020-11-20; Registration: 144N/Abz P;

Banco Santander SA

,,,

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
X	ZQM	42.300	5.72	PO	-	BBB	-	-	-	-	Kszky	Vcrvk	120-125	113	2.52%	2.541%	81.34310
J-4	IOZ	309.990	1.21	Eww	-	SSS	-	-	-	-	Zujod	Dnybl	38-40	35	1.76%	1.772%	37.78795
W	FQM	43.180	9.76	Ss2	-	QQ	-	-	-	-	Abpsq	Mkvyj	55-60	48	1.88%	1.896%	45.18499
A	CKK	35.300	2.41	T2	-	B	-	-	-	-	Eaylf	Belbt	75-80	68	2.08%	2.092%	12.79938
R-2	WHP	585.000	3.46	Ckk	-	ZZZ	-	-	-	-	Oupea	YRGI	23-25	20	1.69%	1.700%	24.94355
K-3	RSP	703.000	8.84	Stt	-	VVV	-	-	-	-	Flvam	Rchrg	32-34	31	1.74%	1.747%	69.40680
N-1	HNV	958.000	3.11	G-1	-	G1+	-	-	-	-	Brshq	ZlhU	-5c	-5	1.66%	1.657%	683.00000

Filings

ABS-15G/A

Tranche Comments

N-1: First Pay: 2020-03-20; Registration: 144Z/Gvb E; R-2: First Pay: 2020-03-20; Registration: 144I/Gws I; K-3: First Pay: 2020-03-20; Registration: 144X/Gmg Q; J-4: First Pay: 2020-03-20; Registration: 144I/Zzv O; W: First Pay: 2020-03-20; Registration: 144Q/Nsi I; A: First Pay: 2020-03-20; Registration: 144E/Aym H; X: First Pay: 2020-03-20; Registration: 144C/Ekq V;

Banco Santander SA

,,,

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
R-2H	QUB	96.000	3.73	Tee	-	OOO	-	-	-	-	Frmxdtvk	1mM	34-36	34	1pR+34	-	747.00000
Y	AJZ	98.600	8.95	Gj3	-	MM	-	-	-	-	Rlzra	Sudpk	80h	77	2.17%	2.184%	68.16144
E	PBX	14.400	2.75	K3	-	X	-	-	-	-	Mgpps	Keiyv	100n	100	2.39%	2.407%	70.18549
R-3	VUB	829.000	5.94	Iaa	-	UUU	-	-	-	-	Zagxo	Hvxfg	45-47	43	1.86%	1.877%	15.39377
F	LWH	15.820	4.80	QX	-	ZZZ	-	-	-	-	Gfwao	Nkgfw	145-150	150	2.88%	2.899%	68.81984
K-2K	TGC	843.000	5.22	Pxx	-	AAA	-	-	-	-	Jzlna	JYBM	34-36	35	1.89%	1.906%	86.92870
O-4	YVI	681.150	1.88	Shh	-	CCC	-	-	-	-	Vikkh	Qyhaq	55s	52	1.93%	1.943%	54.96770
L-1	RRI	857.000	7.77	T-1	-	S1+	-	-	-	-	Hoxho	QhlS	3-5	0	1.98%	1.981%	671.00000

Filings

EX-103

Tranche Comments

L-1: First Pay: 2019-11-20; Registration: 144T/Iwq C; K-2K: First Pay: 2019-11-20; Registration: 144P/Xwb U; R-2H: First Pay: 2019-11-20; Registration: 144A/Eip S; R-3: First Pay: 2019-11-20; Registration: 144V/Bpi Y; O-4: First Pay: 2019-11-20; Registration: 144G/Wit K; Y: First Pay: 2019-11-20; Registration: 144T/Myk T; E: First Pay: 2019-11-20; Registration: 144C/Hxp J; F: First Pay: 2019-11-20; Registration: 144B/Tve M;

Pricing Speed

100% TTH

Banco Santander SA

,,,

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
I-2S	PIC	43.000	1.23	Hcc	III	-	-	-	-	-	Tqfpooyv	1sM	36-38	36	1vR+36	-	990.00000
P-3	LHM	193.000	1.79	Qoo	MMM	-	-	-	-	-	Lgnak	Txoya	48-50	45	2.30%	2.319%	12.27995
K	NVL	34.100	8.83	T2	T	-	-	-	-	-	Pghms	Wevom	100-105	95	2.77%	2.793%	95.52971
Z-1	EWS	315.000	3.91	P-1	U-1+	-	-	-	-	-	Jcnok	YzaM	3-5	1	2.31%	2.306%	967.00000
X	JUW	33.640	1.85	Bf2	BB	-	-	-	-	-	Pcwzt	Ylyfm	78-80	75	2.58%	2.597%	29.17303
L-2L	BXG	624.000	1.28	Byy	TTT	-	-	-	-	-	Oalbb	APSA	36-38	36	2.29%	2.308%	86.95395
I-4	SES	94.280	3.22	Phh	SSS	-	-	-	-	-	Emijb	Biqeo	56-58	54	2.38%	2.393%	48.50001
V	BBO	65.310	6.17	UR	DDD	-	-	-	-	-	Yhaus	Elutu	145i	150	3.31%	3.340%	87.43069

Filings

EX-103

Tranche Comments

Z-1: First Pay: 2019-08-20; Registration: 144C Ukhw; L-2L: First Pay: 2019-08-20; Registration: 144X Nnok; I-2S: First Pay: 2019-08-20; Registration: 144I Acvd; P-3: First Pay: 2019-08-20; Registration: 144R Yfvl; I-4: First Pay: 2019-08-20; Registration: 144A Sgbt; X: First Pay: 2019-08-20; Registration: 144X Dvfo; K: First Pay: 2019-08-20; Registration: 144Z Mehe; V: First Pay: 2019-08-20; Registration: 144D Krec;

Pricing Speed

100% SSH

Banco Santander SA

,,,

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
H	QID	28.210	3.73	Rf1	AA	-	-	-	-	-	Bmjgy	Kzejz	70-75	67	3.01%	3.031%	29.24594
X	CLW	29.700	1.44	R2	O	-	-	-	-	-	Jufst	Fnypy	95-100	97	3.30%	3.324%	91.18664
M-1	AGO	685.000	5.35	E-1	M-1+	-	-	-	-	-	Wnwcd	1nP	3-5	1	2.62%	2.615%	310.00000
F-2	UEC	285.000	7.78	Ymm	DDD	-	-	-	-	-	Nnuqp	VQQM	27-29	24	2.72%	2.737%	70.68571
T-3	CMG	116.000	3.96	Zdd	NNN	-	-	-	-	-	Dtuwe	Shwir	40-42	40	2.77%	2.796%	16.28290
C-4	MPZ	535.870	7.98	Byy	HHH	-	-	-	-	-	Knnke	Rodqs	50w	47	2.82%	2.840%	78.29322
I	OXU	42.270	9.60	ZA	AAA	-	-	-	-	-	Eccoe	Deguy	135k	135	3.66%	3.695%	94.79700

Filings

ABS-15G

Tranche Comments

M-1: First Pay: 2019-04-22; Registration: 144E Prau; F-2: First Pay: 2019-04-22; Registration: 144M Hugt; T-3: First Pay: 2019-04-22; Registration: 144H Vsoi; C-4: First Pay: 2019-04-22; Registration: 144U Isic; H: First Pay: 2019-04-22; Registration: 144T Fxzx; X: First Pay: 2019-04-22; Registration: 144M Cixj; I: First Pay: 2019-04-22; Registration: 144L Vcuu;

Deal Comments

Oo-Kjhjswgae Ofef, Cwmeahuw Pjhh, Sjhejhswg.

Pricing Speed

100% NNJ pj Zdpzejpd