SC Germany Vehicles Monthly Investor Report

Transcription

1 SC Germany Vehicles Monthly Investor Report

2 Cover Sheet Monthly Investor Report Monthly Period Dez 2018 Index Page 1. Portfolio Information 1 2. Reserve Accounts 2 3. Delinquency Data 3 4. Default Data 4 5. Concentration Limits 5 6. Outstanding Notes 6 7. Original Principal Balance Original PB (Graph) 8 8. Current Principal Balance Current PB (Graph) Borrower Concentration Geographical Distribution Geographical (Graph) Object/Vehicle Type Insurances Contract Type Payment Methods Downpayment Effective Interest Rate Effective Interest Rate (Graph) Seasoning Seasoning (Graph) Remaining Term Remaining Term (Graph) Original Term Original Term (Graph) Manufacturer Brands Priority of Payments + Transaction Costs Retention Counterparties Issuer Information Santander Consumer Bank 33

3 1. Portfolio Information Monthly Period Dez 2018 current period previous period Outstanding Receivables No. of Contracts Aggregate Outstanding Principal Amount Aggregate Outstanding Principal Amount Beginning of Period , ,43 Scheduled Principal Payments ,14 Prepayment Principal ,59 Others ,21 Total Principal Collections , ,51 Total Interest Collections , ,01 Defaults , ,94 Replenishment - - End of Period , ,98 Purchase Shortfall Account 19,16 54,02 Total Assets (End of Period) , ,00 Current Prepayment Rate (annualised) 18,4%

4 2. Reserve Accounts Monthly Period Dez 2018 Note Balance Beginning of Period ,00 End of Period ,00 Reserve Accounts Reserve Account in % Trigger Event y/n Beginning of Period 3,58% ,00 Cash Outflow - Cash Inflow - End of Period 3,81% ,00 Required Reserve Fund 3,81% ,00 Commingling Reserve in % no Beginning of Period n/a Cash Outflow n/a Cash Inflow n/a End of Period n/a Required Commingling Reserve Fund n/a Set-Off Reserve in % no Beginning of Period n/a Cash Outflow n/a Cash Inflow n/a End of Period n/a Required Set-Off Reserve Fund n/a Current Set-Off Amount Set-Off Amount (per Loan) Set-Off Amount (in % of Outstanding Balance) n/a n/a n/a

5 3. Delinquency Data Monthly Period Dez 2018 Note Balance Beginning of Period ,00 End of Period ,00 Delinquency Data and Ratios 3-MRA* / current ratio Amount at risk Overdue amount Number of 3-MRA* 1-30 days past due 0,64% 1-30 days past due period before previous period , , days past due previous period , , days past due current period 0,65% , , MRA* days past due 0,53% days past due period before previous period , , days past due previous period , , days past due current period 0,48% , , MRA* days past due 0,25% days past due period before previous period , , days past due previous period , , days past due current period 0,22% , , MRA* days past due 0,23% days past due period before previous period , , days past due previous period , , days past due current period 0,21% , , MRA* days past due 0,16% days past due period before previous period , , days past due previous period , , days past due current period 0,12% , , MRA* days past due 0,16% days past due period before previous period , , days past due previous period , , days past due current period 0,15% , ,07 29 * 3-MRA stands for three months rolling average

6 4. Default Data Monthly Period Dez 2018 Note Balance Beginning of Period ,00 End of Period ,00 Default Data and Ratios Amount Number of Current Default Current Period Gross Default ,20 Current Period Recoveries ,77 Current Period Net Default ,43 New Number of Defaulted Contracts 36 Cumulative Default Cumulative Gross Default ,16 Cumulative Recoveries ,18 Cumulative Net Default ,98 Total Number of Defaulted Contracts MRA* / current ratio Ratio 3-MRA* Annualised Net Default Ratio (New Default) 1,15% Annualised Loss Ratio period before previous period 1,35% Annualised Loss Ratio previous period 0,76% Annualised Loss Ratio current period 1,35% 1,35% Principal Deficiency Trigger Event y/n Principal Deficiency period before previous period - no Principal Deficiency previous period - Principal Deficiency current period - PDL Trigger ,00 Repurchased Assets Current Repurchased Asset Amount through breach of warranty or voluntary buyback - Cumulative Repurchased Asset Amount through breach of warranty or voluntary buyback - * 3-MRA stands for three months rolling average

7 5. Concentration Limits Monthly Period Dez 2018 Current Transaction Status Amortizing Portfolio Concentrations Minimum-Trigger Maximum-Trigger Current Value Trigger Breach New Vehicles (applicable for Replenishment Portfolio) 45,00% Average Yield (applicable for Replenishment Portfolio) 4,50% Contracts with Balloon Rates (applicable for Total Portfolio) - 45,00% - - Remaining Term (applicable for Total Portfolio) - 55, Early Amortisation Events Maximum-Trigger Current Value Trigger Breach Cumulative Loss Ratio - prior to 30 September ,75% prior to 30 September ,50% prior to 30 September ,25% - - Purchase Shortfall Event - Period before previous period - Previous period - Current period - Principal Deficiency Event - - Total Sold Receivables ,84

8 6. Outstanding Notes Monthly Period Dez Note Balance All notes Class A Class B General Note Information ISIN Code XS XS Currency EUR EUR Initial Tranching in % 90,0% 10,0% Legal Maturity Oct 2027 Oct 2027 Expected Maturity Mrz 2020 Mrz 2020 Original Rating (DBRS / S&P) A(sf) / A(sf) NR / NR Current Rating (DBRS / S&P)* AA (high) (sf) / AA-(sf) NR / NR Initial Notes Aggregate Principal Outstanding Balance , , ,00 Initial Nominal per Note , ,00 Initial Number of Notes per Class Current Note Information Class Principal Outstanding Balance Beginning of Period , , ,00 Available Distribution Amount ,15 Replenishment 0,00 Amortisation ,00 Redemption per Class , ,00 0,00 Redemption per Note 1.827,01 0,00 Class Principal Outstanding Balance End of Period , , ,00 Current Tranching 61,9% 38,1% Current Pool Factor 0,18 1,00 2. Payments to Investors per Note All notes Class A Class B Interest Rate Basis: Fixed 1,593% 2,802% DayCount Convention act/360 act/360 Interest Days 30 Principal Outstanding per Note Beginning of Period , ,00 > Principal Repayment per Note 1.827,01 0,00 Principal Outstanding per Note End of Period , ,00 > Interest accrued for the period , ,00 Interest Payment , ,00 Interest Payment per Note 26,40 233,50 3. Credit Enhancements Class A Class B Initial total CE (Subordination, Reserve) 11,00% 1,00% Current CE (incl. Excess Spread) 44,62% 6,53% Current CE (excl. Excess Spread) 41,90% 3,81% * Last rating action as of

9 7. Original Principal Balance Monthly Period Dez 2018 Original Principal Balance (Ranges in EUR) Original Principal Balance in EUR Percentage of Total Balance Number of 0: ,02 0,00% 11 0,05% 2000: ,22 0,15% 202 0,86% 4000: ,05 0,78% 694 2,96% 6000: ,62 1,89% ,16% 8000: ,38 3,38% ,22% 10000: ,40 5,13% ,05% 12000: ,75 6,03% ,98% 14000: ,86 7,19% ,26% 16000: ,22 7,58% ,63% 18000: ,78 7,97% ,11% 20000: ,54 8,39% ,74% 22000: ,13 7,65% ,44% 24000: ,08 6,90% ,34% 26000: ,82 5,90% 994 4,23% 28000: ,56 4,91% 770 3,28% 30000: ,76 4,58% 671 2,86% 32000: ,32 3,19% 439 1,87% 34000: ,95 2,71% 352 1,50% 36000: ,70 2,45% 301 1,28% 38000: ,05 1,91% 223 0,95% 40000: ,14 1,84% 204 0,87% 42000: ,15 1,31% 138 0,59% 44000: ,40 1,17% 118 0,50% 46000: ,24 0,79% 76 0,32% 48000: ,45 0,95% 88 0,37% 50000: ,52 0,59% 53 0,23% 52000: ,28 0,55% 47 0,20% 54000: ,80 0,47% 39 0,17% 56000: ,19 0,41% 33 0,14% 58000: ,62 0,51% 39 0,17% 60000: ,87 0,31% 23 0,10% 62000: ,21 0,29% 21 0,09% 64000: ,42 0,36% 25 0,11% 66000: ,24 0,21% 14 0,06% 68000: ,26 0,09% 6 0,03% 70000: ,00 0,05% 3 0,01% 70001: ,90 1,42% 71 0,30% Total ,90 100,00% ,00% Statistics in EUR Average Amount ,82

10 Original Principal Balance SC Germany Vehicles Reporting Date Original PB (Graph) Monthly Period Dez

11 8. Current Principal Balance Monthly Period Dez 2018 Current Principal Balance Current Principal (Ranges in EUR) Balance in EUR Balance Number of 0: ,95 2,40% ,38% 2000: ,94 6,38% ,88% 4000: ,45 9,12% ,34% 6000: ,61 10,77% ,09% 8000: ,16 11,01% ,62% 10000: ,62 10,41% ,45% 12000: ,89 9,91% ,99% 14000: ,51 8,41% ,39% 16000: ,65 6,69% 725 3,09% 18000: ,29 4,89% 475 2,02% 20000: ,74 3,94% 346 1,47% 22000: ,00 3,08% 247 1,05% 24000: ,28 2,67% 197 0,84% 26000: ,86 2,12% 144 0,61% 28000: ,34 1,66% 105 0,45% 30000: ,73 1,12% 67 0,29% 32000: ,03 0,93% 52 0,22% 34000: ,41 0,74% 39 0,17% 36000: ,14 0,63% 31 0,13% 38000: ,82 0,55% 26 0,11% 40000: ,94 0,40% 18 0,08% 42000: ,71 0,47% 20 0,09% 44000: ,98 0,34% 14 0,06% 46000: ,41 0,18% 7 0,03% 48000: ,11 0,19% 7 0,03% 50000: ,22 0,19% 7 0,03% 52000: ,84 0,06% 2 0,01% 54000: ,55 0,03% 1 0,00% 56000: ,43 0,13% 4 0,02% 58000: ,16 0,16% 5 0,02% 60000: ,89 0,03% 1 0,00% 62000: ,14 0,03% 1 0,00% 66000: ,06 0,04% 1 0,00% 70001: ,98 0,32% 7 0,03% Total ,84 100,00% ,00% Statistics in EUR Average Amount 7.825,40

12 Current Principal Balance SC Germany Vehicles Reporting Date Current PB (Graph) Monthly Period Dez

13 9. Borrower Concentration Monthly Period Dez 2018 No Current Principal Balance in EUR Percentage of Balance Number of ,36 0,0567% ,53 0,0464% ,00 0,0460% ,77 0,0459% ,04 0,0415% ,01 0,0408% ,27 0,0394% ,06 0,0364% ,38 0,0346% ,14 0,0338% ,69 0,0323% ,23 0,0322% ,30 0,0321% ,46 0,0320% ,05 0,0320% ,48 0,0319% ,07 0,0315% ,15 0,0314% ,03 0,0313% ,31 0,0312% ,02 0,0311% ,65 0,0300% ,55 0,0298% ,22 0,0295% ,72 0,0291% ,49 0,8891% 33

14 10. Geographical Distribution Monthly Period Dez 2018 State Current Principal Balance in EUR Balance Number of Baden-Wuerttemberg ,40 8,00% ,34% Bavaria ,65 9,49% ,69% Berlin ,42 3,49% 882 3,76% Brandenburg ,86 7,66% ,98% Bremen ,51 0,56% 123 0,52% Hamburg ,81 1,73% 380 1,62% Hesse ,48 6,41% ,11% Lower Saxony ,38 9,32% ,33% Mecklenburg-Western P ,25 6,22% ,22% North Rhine-Westphalia ,15 17,86% ,35% Rhineland-Palatinate ,94 3,97% 910 3,87% Saarland ,34 1,13% 259 1,10% Saxonia ,38 7,74% ,23% Saxony-Anhalt ,86 5,97% ,42% Schleswig-Holstein ,78 4,44% ,61% Thuringia ,61 5,60% ,53% n/a ,02 0,39% 79 0,34% Total ,84 100,00% ,00%

15 Current Principal Balance SC Germany Vehicles Reporting Date Geographical Distribution (Graph) Monthly Period Dez

16 11. Object/Vehicle Type Monthly Period Dez 2018 Vehicle Type Current Principal Balance in EUR Balance Number of New Vehicle ,10 47,84% ,12% Used Vehicle ,74 52,16% ,88% Total ,84 100,00% ,00% Object Type Current Principal Balance in EUR Balance Number of Car ,76 96,06% ,95% Leisure ,02 2,63% 478 2,04% Motorbike ,06 1,31% 708 3,01% Total ,84 100,00% ,00%

17 12. Insurances Monthly Period Dez 2018 Payment Protection Insurance Current Principal Balance in EUR Balance Number of No ,07 59,53% ,90% Yes ,77 40,47% ,10% Total ,84 100,00% ,00% Gap Insurance (Santander Safe) Current Principal Balance in EUR Balance Number of No ,16 74,88% ,33% Yes ,68 25,12% ,67% Total ,84 100,00% ,00% Repair Cost Insurance (Santander AutoCare) Current Principal Balance in EUR Balance Number of No ,70 91,78% ,61% Yes ,14 8,22% ,39% Total ,84 100,00% ,00%

18 13. Type of Contract Monthly Period Dez 2018 Contracts w/balloon Payments Current Principal Balance in EUR Balance Number of No ,19 60,86% ,70% Yes ,65 39,14% ,30% - of which balloon rates ,99 28,80% - of which regular installments ,66 10,34% Total ,84 100,00% ,00% Balloon - Original Term in months Balloon Rates in EUR Balloon Rates in % of Total Balloon Rates Number of Balloon Balloon 26: ,93 7,28% 375 6,85% 39: ,12 38,47% ,31% 52: ,35 53,77% ,64% 65: ,90 0,24% 7 0,13% 73: ,69 0,24% 4 0,07% Total ,99 100,00% ,00% Balloon - Remaining Term in months Balloon Rates in EUR Balloon Rates in % of Total Balloon Rates Number of Balloon Balloon 0: ,00 47,06% ,58% 13: ,25 41,51% ,24% 26: ,74 11,44% ,18% Total ,99 100,00% ,00%

19 14. Payment Methods Monthly Period Dez 2018 Payment Method Current Principal Balance in EUR Balance Number of Direct Debit ,62 96,06% ,19% Other ,22 3,94% 894 3,81% Total ,84 100,00% ,00% Cycle of Payment Current Principal Balance in EUR Balance Number of 15th of month ,58 53,40% ,36% 1st of month ,26 46,60% ,64% Total ,84 100,00% ,00%

20 15. Downpayment Monthly Period Dez 2018 Downpayment (Ranges in EUR) Original Principal Balance in EUR Percentage of Total Balance Number of Downpayment / Purchase Price in % No Downpayment ,48 32,75% ,10% 0,00% 0: ,44 0,97% 398 1,69% 5,05% 1000: ,72 3,90% ,48% 10,45% 2000: ,35 6,72% ,53% 14,53% 3000: ,75 8,03% ,73% 17,02% 4000: ,35 7,59% ,92% 18,90% 5000: ,18 9,59% ,11% 20,76% 6000: ,40 5,50% ,76% 23,37% 7000: ,81 4,15% 783 3,33% 25,17% 8000: ,79 3,22% 648 2,76% 28,01% 9000: ,50 1,97% 348 1,48% 28,88% 10000: ,49 5,36% 971 4,13% 30,48% 11000: ,20 1,30% 225 0,96% 31,52% 12000: ,99 1,16% 212 0,90% 34,50% 13000: ,79 0,96% 161 0,69% 35,52% 14000: ,10 0,70% 130 0,55% 38,83% 15000: ,45 1,42% 232 0,99% 37,23% 15001: ,05 4,73% 677 2,88% 43,15% Total ,84 100,00% ,00% 17,63% Downpayment and Purchase Price Contracts with Downpayment All Contracts Average Downpayment 3.961, ,14 Average Purchase Price , ,87 Minimum Downpayment 100,00 Maximum Downpayment ,00 Downpayment in % 17,63% 24,10%

21 16. Effective Interest Rate Monthly Period Dez 2018 Yield Range * Current Principal Balance in EUR Balance Number of 1: ,86 0,52% 91 0,39% 2: ,24 1,51% 334 1,42% 3: ,22 38,31% ,20% 4: ,84 36,34% ,81% 5: ,78 14,79% ,29% 6: ,74 6,05% ,49% 7: ,53 1,60% 649 2,76% 8: ,18 0,54% 232 0,99% 9: ,96 0,27% 133 0,57% 10: ,44 0,06% 17 0,07% 11: ,05 0,00% 3 0,01% Total ,84 100,00% ,00% Statistics in % WA Interest 4,77% * runs from.00 to.99

22 Current Principal Balance SC Germany Vehicles Reporting Date Effective Interest Rate (Graph) Monthly Period Dez : 1 2: 2 3: 3 4: 4 5: 5 6: 6 7: 7 8: 8 9: 9 10:10 11:11 Yield Range * * runs from.00 to.99

23 17. Seasoning Monthly Period Dez 2018 Seasoning in Months Current Principal Balance in EUR Balance Number of 27: ,99 2,72% 464 1,98% 30: ,27 11,44% ,61% 33: ,34 13,23% ,08% 36: ,65 14,52% ,13% 39: ,92 13,12% ,16% 42: ,02 11,24% ,65% 45: ,32 7,08% ,06% 48: ,96 3,53% 814 3,47% 51: ,92 3,42% 840 3,58% 54: ,10 3,27% 884 3,76% 57: ,24 2,66% 875 3,73% 60: ,29 2,42% 777 3,31% 63: ,78 2,18% 698 2,97% 66: ,03 2,63% 862 3,67% 69: ,68 1,54% 605 2,58% 72: ,29 1,15% 443 1,89% 75: ,76 1,03% 371 1,58% 78: ,42 0,87% 373 1,59% 81: ,86 1,94% ,21% Total ,84 100,00% ,00% Statistics WA Seasoning 44,05

24 Current Principal Balance SC Germany Vehicles Reporting Date Seasoning (Graph) Monthly Period Dez :29 30:32 33:35 36:38 39:41 42:44 45:47 48:50 51:53 54:56 57:59 60:62 63:65 66:68 69:71 72:74 75:77 78:80 81: Seasoning in Months

25 18. Remaining Term Monthly Period Dez 2018 Remaining Term in Months Current Principal Balance in EUR Balance Number of 0: ,97 10,55% ,45% 7: ,60 14,17% ,10% 14: ,22 20,24% ,52% 21: ,45 16,25% ,35% 28: ,94 13,26% ,47% 35: ,36 6,80% ,99% 42: ,67 5,35% 796 3,39% 49: ,00 6,05% 773 3,29% 56: ,24 4,70% 529 2,25% 63: ,93 2,60% 272 1,16% 70: ,46 0,04% 4 0,02% Total ,84 100,00% ,00% Statistics WA Remaining Term 25,78

26 Current Principal Balance SC Germany Vehicles Reporting Date Remaining Term (Graph) Monthly Period Dez : 6 7:13 14:20 21:27 28:34 35:41 42:48 49:55 56:62 63:69 70:76 Remaining Term in Months

27 19. Original Term Monthly Period Dez 2018 Original Term in Months Current Principal Balance in EUR Balance Number of 13: ,33 2,92% ,06% 39: ,19 18,89% ,03% 52: ,23 34,36% ,22% 65: ,79 10,90% ,62% 78: ,30 32,94% ,07% Total ,84 100,00% ,00% Statistics WA Original Term 69,83

28 Current Principal Balance SC Germany Vehicles Reporting Date Original Term (Graph) Monthly Period Dez :38 39:51 52:64 65:77 78: Original Term in Months

29 20. Manufacturer Brands Monthly Period Dez 2018 Manufacturer brands Current Principal Balance in EUR Balance Number of ,60 10,21% ,98% ,70 8,91% ,12% ,57 8,37% ,73% ,33 7,01% ,68% ,75 5,50% ,62% ,91 5,34% 839 3,57% ,47 4,97% ,91% ,94 4,82% ,97% ,74 4,70% ,13% ,20 4,27% 724 3,08% ,27 4,22% 818 3,48% ,07 4,08% 961 4,09% ,24 3,78% 886 3,77% ,51 3,28% 576 2,45% ,07 2,61% 778 3,31% ,37 82,08% ,91% TOP 15 manufacturer brands in alphabetical order: Audi, BMW, Citroen, Fiat, Ford, Hyundai, Kia, Mazda, Mercedes, Nissan, Opel, Peugeot, Renault, Volvo, VW

30 21. Priority of Payments + Transaction Costs Monthly Period Dez 2018 Priority of Payments Available Distribution Amount ,15 Senior Expenses ,09 Interest Notes Class A ,00 Interest Notes Class B ,00 Replenishment - - Payments to Purchase Shortfall Account - 19,16 Payments to Reserve Fund ,00 Principal Payments Class A ,00 Principal Payments Class B - - Payments to Commingling Reserve Ledger - n/a Payments to Set-Off Reserve Ledger - n/a Interest Subordinated Loan ,00 Principal Payments Subordinated Loan - - Payments to Seller = ,90 Transaction Costs All notes Class A Class B Senior Expenses ,09 Interest accrued for the Period , , ,00 Cumulative Interest accrued , , ,00 Interest Payments , , ,00 Cumulative Interest Payments , , ,00 Interest accrued on Subordinated Loan for the P ,00 Cumulative Interest accrued on Subordinated L ,00 Interest Payments on Subordinated Loan ,00 Cumulative Interest Payments on Subordinated ,00 Unpaid Interest for the Period - Cumulative Unpaid Interest -

31 22. Retention Monthly Period confirms its compliance to have continuously retained a net economic interest in the SC Germany Vehicles securitisation transaction of at least 5% of the securitised Purchased Receivables pursuant to Art. 405 of the CRR (Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013) by retaining the regulatory first loss tranche which is represented by the Subordinated Loan of at least 1% and by retaining the regulatory second loss tranche which is represented by the Class B Notes of at least 4%. Outstanding Principal Balance of Purchased Receivables as of the Offer Date: Outstanding Principal Balance of Purchased Receivables as of the beginning of the Monthly Period: Outstanding Principal Balance of Purchased Receivables as of the end of the Monthly Period: Outstanding Principal Balance of the Subordinated Loan as of the Offer Date: Outstanding Principal Balance of the Subordinated Loan as of the beginning of the Monthly Period: Outstanding Principal Balance of the Subordinated Loan as of the end of the Monthly Period: Outstanding Balance of the Class B Notes as of the Offer Date: Outstanding Balance of the Class B Notes as of the beginning of the Monthly Period: Outstanding Balance of the Class B Notes of the end of the Monthly Period: Net Economic Interest Ratio as of Offer Date: Net Economic Interest Ratio as of the beginning of the Monthly Period: Net Economic Interest Ratio as of the end of the Monthly Period: , , , , , , , , ,00 11,00% 39,43% 41,90%

32 Monthly Investor Report Payment Date Period No 23. Counterparties Monthly Period Dez 2018 Interest Period Collection Period 62 from to = 30 days from to DBRS S & P Long Term Short Term Outlook Long Term Short Term Outlook Counterpart y status Calculation Agent, Cash Administrator: Intertrust (Ireland) Limited performing 1st Floor, 1-2 Victoria Buildings ian.garvan@intertrustgroup.com Haddington Road Phone +353 (0) Dublin 4 D04 XN32, Ireland Account Bank and Principal Paying Agent: Bank of New York Mellon AA R-1H STABLE AA- A-1+ STABLE performing Friedrich-Ebert-Anlage 49 tsampikos.trigenis@bnymellon.com Frankfurt am Main Phone: Germany Transaction Security Trustee: Wilmington Trust SP Services (Frankfurt) GmbH performing Steinweg wniemeyer@wilmingtontrust.com Frankfurt am Main Phone: +49 (0) Germany Data Trustee: Circumference FS (Netherlands) B.V performing Barbara Strozzilaan Preeti.Khitri@circumferencefs.com 1083 HN Amsterdam Phone: The Netherlands Rating Agencies: DBRS Ratings Ltd. Standard & Poor's Ratings Services Structured Finance Structured Finance 1 Minister Court, 10th floor, Mincing Lane 20 Canada Square EC3R 7 AA London E14 5LH London United Kingom United Kingdom Ratings as of , data source: Bloomberg

33 24. Issuer Information Monthly Period Dez 2018 Deal Name: SC Germany Vehicles Issuer: Seller of the Receivables: Servicer Name: Reporting Entity: SPV-Administrator: SC Germany Vehicles UG (haftungsbeschränkt) The Managing Directors Grüneburgweg Frankfurt am Main Germany fax +49 (0) Capital Markets Germany fax +49 (0) Intertrust (Deutschland) GmbH Grüneburgweg Frankfurt am Main Germany fax +49 (0)

34 SC Germany Vehicles Reporting Date Monthly Investor Report Payment Date Period No 25. Santander Consumer Bank Monthly Period Dez 2018 Interest Period Collection Period 62 from to = 30 days from to Contact Details Capital Markets Peter René Müller peterrene.mueller@santander.de Ralf Schüring ralf.schuering@santander.de Bastian Menges bastian.menges@santander.de Stefan Zilligen stefan.zilligen@santander.de Tobias Daners tobias.daners@santander.de Team ABS abs_ger@santander.de Ratings Santander DBRS S & P Long Term Short Term Outlook Long Term Short Term Outlook Banco Santander S.A. Santander Consumer Finance S.A. AH R-1M STABLE A A-1 STABLE A- A-2 STABLE A- A-2 STABLE Ratings as of , data source: Bloomberg