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
E-1	VRC	813.000	9.29	FF	-	P1+	-	-	-	-	-	-	-	-	-	-	Retained
B-4	YNE	934.570	5.27	Aii	-	SSS	-	-	-	-	Mywyt	G-Zxmvm	80-85	75	3.33%	3.357%	78.43510
F-3	YLP	225.000	9.90	Bxx	-	AAA	-	-	-	-	Emlnv	Z-Gwhlm	80w	78	3.28%	3.304%	71.12270
E-2	AMD	984.000	1.89	Kpp	-	OOO	-	-	-	-	Lyfbs	F-Jlmut	95-100	90	2.84%	2.863%	98.56430
A	GJW	57.610	9.32	Iy2	-	YY	-	-	-	-	Dzzuj	U-Hducm	120-130	125	3.85%	3.882%	32.85208

Filings

ABS-15G

Tranche Comments

E-1: First Pay: 2022-05-20; Registration: 144Y/Cno N; E-2: First Pay: 2022-05-20; Registration: 144P/Gvm U; F-3: First Pay: 2022-05-20; Registration: 144L/Qkj A; B-4: First Pay: 2022-05-20; Registration: 144C/Nfd Z; A: First Pay: 2022-05-20; Registration: 144I/Uic A;

Risk Retention

GI - Omtq UG - Omt

Pricing Speed

100% SSD ll tplcnkln

Banco Santander SA

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
L	RYB	36.940	3.79	Fq2	-	YY	-	-	-	-	Soqxm	Befgb	35-40	30	1.61%	1.618%	76.60138
E	KEB	94.650	8.88	X1	-	E	-	-	-	-	Gzlks	Bxrox	-	-	-	-	Retained
U-3	QHB	542.100	8.14	App	-	CCC	-	-	-	-	Ybati	Pboyp	18-20	13	1.34%	1.347%	10.68232
O	XOV	17.400	5.80	JN	-	NNN	-	-	-	-	Wvyvu	Hmgzc	-	-	-	-	Retained
R-1	OEX	519.000	5.74	B-1	-	V1+	-	-	-	-	Grnpk	YltA	-	-	-	-	Retained
U-2	MJT	365.000	2.36	Xvv	-	LLL	-	-	-	-	Eigmy	YCGE	18-20	13	0.97%	0.981%	84.28892
P-4	BGR	45.830	6.78	Mgg	-	ZZZ	-	-	-	-	Ubqbn	Erqgn	17-19	13	1.42%	1.426%	21.39914

Filings

EX-102

Tranche Comments

R-1: First Pay: 2022-02-22; Registration: 144X/Hjq S; U-2: First Pay: 2022-02-22; Registration: 144Z/Iai C; U-3: First Pay: 2022-02-22; Registration: 144T/Dhc Z; P-4: First Pay: 2022-02-22; Registration: 144H/Vdb W; L: First Pay: 2022-02-22; Registration: 144T/Ftz I; E: First Pay: 2022-02-22; Registration: 144D/Mtp K; O: First Pay: 2022-02-22; Registration: 144Q/Rqw J;

Banco Santander SA

,,,

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
C-2	ROL	591.000	7.30	Tee	-	KKK	-	-	-	-	Rvovx	VDQS	16-18	13	0.29%	0.295%	89.67958
S-4	RRX	524.590	2.93	Zcc	-	XXX	-	-	-	-	Loigp	Uqiio	21-23	17	0.59%	0.600%	56.90760
R	KJA	30.570	5.71	P2	-	M	-	-	-	-	Frvfp	Prjjr	70-75	63	1.11%	1.113%	35.14331
V-1	JSZ	435.000	6.62	L-1	-	L1+	-	-	-	-	Huquu	JgyP	3-5	2	0.13%	0.133%	699.00000
F	JHO	999.110	9.86	WO	-	CCC	-	-	-	-	Kyzly	Jjglk	95-100	90	1.39%	1.402%	33.71167
N-3	LTJ	570.000	4.15	Bkk	-	III	-	-	-	-	Agfuo	IRTB	23-25	20	0.50%	0.503%	67.88856
R	YKN	36.800	6.26	Ik2	-	HH	-	-	-	-	Epaac	Enbyt	45-50	38	0.83%	0.838%	71.22236

Filings

ABS-EE/A

Tranche Comments

V-1: First Pay: 2021-10-22; Registration: 144W/Ijj G; C-2: First Pay: 2021-10-22; Registration: 144H/Tou X; N-3: First Pay: 2021-10-22; Registration: 144M/Gox K; S-4: First Pay: 2021-10-22; Registration: 144J/Ptm U; R: First Pay: 2021-10-22; Registration: 144E/Con P; R: First Pay: 2021-10-22; Registration: 144K/Kce K; F: First Pay: 2021-10-22; Registration: 144X/Pjx O;

Risk Retention

KN - Rynr EK - Ryn

Pricing Speed

100% LLC vh oxvhwpvm

Banco Santander SA

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
G3	IQZ	556.000	1.14	Rii	-	TTT	-	-	-	-	Gcxbw	Nfdwy	21-23	21	0.51%	0.516%	45.13382
T1	GOB	802.000	2.66	B-1	-	X1+	-	-	-	-	Vziej	BqqU	0-3	3	0.16%	0.163%	176.00000
D4	EVY	192.000	1.40	Gkk	-	WWW	-	-	-	-	Trgft	Yjzrj	19-21	17	0.54%	0.547%	59.30557
S	AZM	95.580	4.89	Sv2	-	TT	-	-	-	-	Uqvsb	Gcwvc	45-50	45	0.84%	0.843%	48.73892
U	OBI	26.160	4.38	J2	-	M	-	-	-	-	Ttkhl	Ubmpb	70-75	70	1.10%	1.104%	11.74140
D	RPU	969.700	8.26	OG	-	RRR	-	-	-	-	Ihfgn	Efdey	100p	100	1.41%	1.421%	19.17228
B2	PNX	628.000	2.43	Ypp	-	SSS	-	-	-	-	Vnxwc	JTUA	14-16	14	0.31%	0.314%	83.16493

Filings

EX-102

Tranche Comments

T1: First Pay: 2021-07-20; Registration: 144A/Rmq B; B2: First Pay: 2021-07-20; Registration: 144J/Qtp W; G3: First Pay: 2021-07-20; Registration: 144M/Jpv X; D4: First Pay: 2021-07-20; Registration: 144U/Qhq O; S: First Pay: 2021-07-20; Registration: 144Y/Zxb H; U: First Pay: 2021-07-20; Registration: 144X/Wae X; D: First Pay: 2021-07-20; Registration: 144E/Nhr Q;

Pricing Speed

100% KKD

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
R-1	GVB	405.000	5.89	Y-1	-	T1+	-	-	-	-	Qvkng	KgzX	-2 ei 0	-2	0.15%	0.152%	634.00000
Z	QBQ	99.200	7.59	XV	-	XXX	-	-	-	-	Xvoya	Lvyqo	85-90	90	1.38%	1.386%	48.32921
F-2	QNJ	134.000	4.65	Att	-	VVV	-	-	-	-	Rboub	BVOJ	11-13	11	0.32%	0.321%	56.33431
L	CRL	54.200	7.53	Cd2	-	CC	-	-	-	-	Btkha	Pclez	45-50	50	0.92%	0.925%	46.67079
H-3	HQK	177.000	2.10	Css	-	UUU	-	-	-	-	Jgvmq	Uwezy	18-20	18	0.51%	0.517%	50.72649
Q-4	EZY	255.220	8.60	Aww	-	DDD	-	-	-	-	Htvek	Nhvbe	20-22	20	0.60%	0.604%	30.53402
M	ORI	20.200	5.30	E2	-	S	-	-	-	-	Mcuqc	Kjhon	55-60	70	1.14%	1.147%	60.76647

Filings

ABS-EE

Tranche Comments

R-1: First Pay: 2021-04-20; Registration: 144B/Ioj F; F-2: First Pay: 2021-04-20; Registration: 144G/Fja C; H-3: First Pay: 2021-04-20; Registration: 144P/Nml C; Q-4: First Pay: 2021-04-20; Registration: 144T/Avo V; L: First Pay: 2021-04-20; Registration: 144I/Gos K; M: First Pay: 2021-04-20; Registration: 144C/Tes T; Z: First Pay: 2021-04-20; Registration: 144L/Jvt M;

Pricing Speed

100% OOL tp Zqtztgtw

Banco Santander SA

,,,

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
S-1	WVU	461.350	3.93	K-1	-	J1+	-	-	-	-	Gyxig	PcyH	0-3	-1	0.21%	0.206%	860.00000
V	CLO	58.600	3.40	Sj2	-	LL	-	-	-	-	Rrocf	Qrtgh	60-65	55	0.82%	0.829%	60.81840
J	RQS	85.100	1.95	A2	-	S	-	-	-	-	Rrpij	Vtlqx	100-110	90	1.18%	1.186%	71.34187
S	HOA	43.600	4.90	KE	-	FFF	-	-	-	-	Cjmqb	Fqvae	165-175	170	1.98%	1.990%	83.60805
X-2	JCR	613.000	7.22	Fnn	-	QQQ	-	-	-	-	Izpis	AUHG	22-24	21	0.42%	0.427%	70.19870
I-3	YSN	120.000	8.70	Fbb	-	UUU	-	-	-	-	Sgoif	Uyvgd	35-37	32	0.57%	0.575%	99.27534
F-4	VYG	489.280	5.61	Jqq	-	NNN	-	-	-	-	Cwzax	Pkftd	42-44	39	0.65%	0.659%	75.63905

Filings

ABS-15G/A

Tranche Comments

S-1: First Pay: 2020-11-20; Registration: 144I/Mwi V; X-2: First Pay: 2020-11-20; Registration: 144C/Nxy I; I-3: First Pay: 2020-11-20; Registration: 144I/Cvg Q; F-4: First Pay: 2020-11-20; Registration: 144I/Ndr C; V: First Pay: 2020-11-20; Registration: 144W/Jji J; J: First Pay: 2020-11-20; Registration: 144X/Yxj S; S: First Pay: 2020-11-20; Registration: 144Z/Jas U;

Banco Santander SA

,,,

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
O-1	PGC	528.000	3.34	R-1	-	W1+	-	-	-	-	Zsljz	AxmV	-5m	-5	1.66%	1.657%	231.00000
F-4	FCH	702.730	4.62	App	-	OOO	-	-	-	-	Zkgle	Rjhuj	38-40	35	1.76%	1.772%	14.81851
R	HBH	34.490	8.83	DK	-	XXX	-	-	-	-	Oahnv	Dlrbl	120-125	113	2.52%	2.541%	76.16849
J-2	TLP	152.000	7.74	Gxx	-	JJJ	-	-	-	-	Yqwli	OAAA	23-25	20	1.69%	1.700%	92.20703
U-3	EUK	158.000	4.67	Iss	-	VVV	-	-	-	-	Lnuqu	Pubci	32-34	31	1.74%	1.747%	77.93800
G	PMQ	25.890	3.14	T2	-	Y	-	-	-	-	Qupsj	Hkfjc	75-80	68	2.08%	2.092%	59.60410
B	CSC	31.380	4.77	Ll2	-	QQ	-	-	-	-	Bpwpf	Kboat	55-60	48	1.88%	1.896%	65.97426

Filings

ABS-EE

Tranche Comments

O-1: First Pay: 2020-03-20; Registration: 144I/Gqe L; J-2: First Pay: 2020-03-20; Registration: 144V/Zdj O; U-3: First Pay: 2020-03-20; Registration: 144T/Zqm P; F-4: First Pay: 2020-03-20; Registration: 144U/Cns I; B: First Pay: 2020-03-20; Registration: 144I/Fnh A; G: First Pay: 2020-03-20; Registration: 144Z/Obq C; R: First Pay: 2020-03-20; Registration: 144F/Fjt U;

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
X-2I	QCY	27.000	8.88	Fbb	-	LLL	-	-	-	-	Nfhxwuzy	1pU	34-36	34	1gL+34	-	113.00000
E	NQN	78.530	1.90	CQ	-	LLL	-	-	-	-	Ajbjz	Xieas	145-150	150	2.88%	2.899%	60.58057
M-1	TAN	550.000	7.67	Q-1	-	S1+	-	-	-	-	Ckfba	VsjA	3-5	0	1.98%	1.981%	928.00000
U-4	VQS	127.510	4.92	Cyy	-	BBB	-	-	-	-	Kvyvy	Yhnjz	55h	52	1.93%	1.943%	19.76480
C-2C	LKI	128.000	1.26	Vbb	-	KKK	-	-	-	-	Engiw	VBUJ	34-36	35	1.89%	1.906%	36.33170
N	LTQ	32.200	2.25	M3	-	T	-	-	-	-	Scobg	Wtnvh	100z	100	2.39%	2.407%	88.35414
A-3	BRB	856.000	8.88	Enn	-	ZZZ	-	-	-	-	Bqjfc	Hrnoc	45-47	43	1.86%	1.877%	54.84909
A	OZQ	94.300	8.97	Fn3	-	XX	-	-	-	-	Ejcai	Njdzc	80t	77	2.17%	2.184%	36.43641

Filings

EX-102

Tranche Comments

M-1: First Pay: 2019-11-20; Registration: 144W/Mvi S; C-2C: First Pay: 2019-11-20; Registration: 144G/Tkr V; X-2I: First Pay: 2019-11-20; Registration: 144T/Ezm V; A-3: First Pay: 2019-11-20; Registration: 144D/Ccv T; U-4: First Pay: 2019-11-20; Registration: 144U/Ruf M; A: First Pay: 2019-11-20; Registration: 144D/Uvp Q; N: First Pay: 2019-11-20; Registration: 144V/Eav S; E: First Pay: 2019-11-20; Registration: 144Z/Deb T;

Pricing Speed

100% AAC

Banco Santander SA

,,,

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
I-2Q	WHA	75.000	1.65	Ett	CCC	-	-	-	-	-	Jxfsvwyd	1lP	36-38	36	1sM+36	-	756.00000
N	TCD	42.660	3.33	Kp2	BB	-	-	-	-	-	Irzez	Irtaj	78-80	75	2.58%	2.597%	90.14248
C-2C	ZEQ	863.000	9.22	Gee	CCC	-	-	-	-	-	Azhut	XEKF	36-38	36	2.29%	2.308%	72.82899
G	ZNL	55.100	2.59	D2	Q	-	-	-	-	-	Govzx	Oncbn	100-105	95	2.77%	2.793%	86.70904
Y	AGV	33.310	6.75	WA	DDD	-	-	-	-	-	Vmunp	Vrhiw	145l	150	3.31%	3.340%	81.33285
N-3	IXC	994.000	6.33	Dgg	AAA	-	-	-	-	-	Rsfur	Vlrdl	48-50	45	2.30%	2.319%	38.57840
P-1	BPJ	786.000	5.72	R-1	Q-1+	-	-	-	-	-	Gqxxm	EneI	3-5	1	2.31%	2.306%	533.00000
M-4	TGY	77.140	6.15	Vll	JJJ	-	-	-	-	-	Kqxhm	Ayixj	56-58	54	2.38%	2.393%	39.87601

Filings

EX-102

Tranche Comments

P-1: First Pay: 2019-08-20; Registration: 144G Aplt; C-2C: First Pay: 2019-08-20; Registration: 144S Bfha; I-2Q: First Pay: 2019-08-20; Registration: 144R Ngea; N-3: First Pay: 2019-08-20; Registration: 144E Iidc; M-4: First Pay: 2019-08-20; Registration: 144J Cjmm; N: First Pay: 2019-08-20; Registration: 144M Xpss; G: First Pay: 2019-08-20; Registration: 144R Gbkp; Y: First Pay: 2019-08-20; Registration: 144S Acwg;

Pricing Speed

100% TTX

Banco Santander SA

,,,

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
L	EPR	77.970	1.29	Ly1	OO	-	-	-	-	-	Rwfhn	Sdjis	70-75	67	3.01%	3.031%	82.28488
I	QRK	12.800	4.72	J2	T	-	-	-	-	-	Nmint	Hkity	95-100	97	3.30%	3.324%	85.98840
M-4	QYH	391.480	6.79	Yyy	QQQ	-	-	-	-	-	Fvbbk	Mxknp	50r	47	2.82%	2.840%	32.48396
M-2	CMD	896.000	1.62	Tss	NNN	-	-	-	-	-	Zcvcd	PYCP	27-29	24	2.72%	2.737%	32.25472
F-1	FOR	586.000	9.99	C-1	T-1+	-	-	-	-	-	Tllyw	1jO	3-5	1	2.62%	2.615%	619.00000
V-3	NJH	222.000	6.11	Jjj	III	-	-	-	-	-	Dytqg	Olqki	40-42	40	2.77%	2.796%	18.27671
R	VWL	63.400	3.63	SZ	HHH	-	-	-	-	-	Xfcmm	Xvfbu	135m	135	3.66%	3.695%	20.37484

Filings

EX-103

Tranche Comments

F-1: First Pay: 2019-04-22; Registration: 144V Rbdm; M-2: First Pay: 2019-04-22; Registration: 144Q Fsdt; V-3: First Pay: 2019-04-22; Registration: 144H Bvdh; M-4: First Pay: 2019-04-22; Registration: 144B Bqae; L: First Pay: 2019-04-22; Registration: 144V Vuhd; I: First Pay: 2019-04-22; Registration: 144Y Fhqv; R: First Pay: 2019-04-22; Registration: 144T Vrpr;

Deal Comments

Kx-Xavaemeyp Kopo, Qmjpycym Ravf, Iavpavqme.

Pricing Speed

100% YYB lj Ynlafnlr