Porsche Financial Auto Securitization Trust 2026-1 Sample Contracts

ASSET REPRESENTATIONS REVIEW AGREEMENT among PORSCHE FINANCIAL AUTO SECURITIZATION TRUST 2026-1, as Issuer, PORSCHE FINANCIAL SERVICES, INC., as Sponsor and Servicer and CLAYTON FIXED INCOME SERVICES LLC, as Asset Representations Reviewer Dated as of...
Asset Representations Review Agreement • September 25th, 2026 • Porsche Financial Auto Securitization Trust 2026-1 • Asset-backed securities • New York

ASSET REPRESENTATIONS REVIEW AGREEMENT, dated as of September 30, 2026 (as amended, restated, supplemented or otherwise modified and in effect from time to time, this “Agreement”), among Porsche Financial Auto Securitization Trust 2026-1, a Delaware statutory trust, as Issuer (the “Issuer”), PORSCHE FINANCIAL SERVICES, INC., a Delaware corporation (“PFS”), as Sponsor and Servicer, and CLAYTON FIXED INCOME SERVICES LLC, a Delaware limited liability company (“Clayton”), as Asset Representations Reviewer (the “Asset Representations Reviewer”).

PORSCHE FINANCIAL AUTO SECURITIZATION TRUST 2026-1 AMENDED AND RESTATED TRUST AGREEMENT between PORSCHE AUTO FUNDING LLC, as the Depositor and WILMINGTON TRUST, NATIONAL ASSOCIATION, as the Owner Trustee Dated as of September 30, 2026
Amended and Restated Trust Agreement • September 30th, 2026 • Porsche Financial Auto Securitization Trust 2026-1 • Asset-backed securities • Delaware

This AMENDED AND RESTATED TRUST AGREEMENT is made as of September 30, 2026 (as amended, restated, supplemented or otherwise modified and in effect from time to time, this “Agreement”) between PORSCHE AUTO FUNDING LLC, a Delaware limited liability company, as the depositor (the “Depositor”), and WILMINGTON TRUST, NATIONAL ASSOCIATION, a national banking association (“Wilmington Trust”), as the owner trustee (in such capacity, the “Owner Trustee”).

ASSET REPRESENTATIONS REVIEW AGREEMENT among PORSCHE FINANCIAL AUTO SECURITIZATION TRUST 2026-1, as Issuer, PORSCHE FINANCIAL SERVICES, INC., as Sponsor and Servicer and CLAYTON FIXED INCOME SERVICES LLC, as Asset Representations Reviewer Dated as of...
Asset Representations Review Agreement • September 30th, 2026 • Porsche Financial Auto Securitization Trust 2026-1 • Asset-backed securities • New York

ASSET REPRESENTATIONS REVIEW AGREEMENT, dated as of September 30, 2026 (as amended, restated, supplemented or otherwise modified and in effect from time to time, this “Agreement”), among Porsche Financial Auto Securitization Trust 2026-1, a Delaware statutory trust, as Issuer (the “Issuer”), PORSCHE FINANCIAL SERVICES, INC., a Delaware corporation (“PFS”), as Sponsor and Servicer, and CLAYTON FIXED INCOME SERVICES LLC, a Delaware limited liability company (“Clayton”), as Asset Representations Reviewer (the “Asset Representations Reviewer”).

ADMINISTRATION AGREEMENT among PORSCHE FINANCIAL AUTO SECURITIZATION TRUST 2026-1, as Issuer, PORSCHE FINANCIAL SERVICES, INC., as Administrator and Dated as of September 30, 2026
Administration Agreement • September 25th, 2026 • Porsche Financial Auto Securitization Trust 2026-1 • Asset-backed securities

THIS ADMINISTRATION AGREEMENT (as amended, restated, supplemented or otherwise modified and in effect from time to time, this “Agreement”) dated as of September 30, 2026, is among Porsche Financial Auto Securitization Trust 2026-1, a Delaware statutory trust (the “Issuer”), Porsche Financial Services, Inc., a Delaware corporation, as administrator (“PFS” or, in its capacity as administrator, the “Administrator”), and U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, a national banking association, as indenture trustee (the “Indenture Trustee”).

SALE AND SERVICING AGREEMENT by and among PORSCHE FINANCIAL AUTO SECURITIZATION TRUST 2026-1, as Issuer PORSCHE AUTO FUNDING LLC, as Seller PORSCHE FINANCIAL SERVICES, INC., as Servicer and as Indenture Trustee Dated as of September 30, 2026
Sale and Servicing Agreement • September 25th, 2026 • Porsche Financial Auto Securitization Trust 2026-1 • Asset-backed securities • New York

THIS SALE AND SERVICING AGREEMENT, dated as of September 30, 2026 (together with all exhibits, schedules and appendices hereto and as from time to time amended, supplemented, restated or otherwise modified and in effect, this “Agreement”), is by and among PORSCHE FINANCIAL AUTO SECURITIZATION TRUST 2026-1 (the “Issuer”), a Delaware statutory trust, PORSCHE AUTO FUNDING LLC, a Delaware limited liability company, as seller (the “Seller”), PORSCHE FINANCIAL SERVICES, INC., a Delaware corporation (“PFS”), as servicer (in such capacity, the “Servicer”), and U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, a national banking association, not in its individual capacity but solely as indenture trustee (the “Indenture Trustee”).

ADMINISTRATION AGREEMENT among PORSCHE FINANCIAL AUTO SECURITIZATION TRUST 2026-1, as Issuer, PORSCHE FINANCIAL SERVICES, INC., as Administrator and Dated as of September 30, 2026
Administration Agreement • September 30th, 2026 • Porsche Financial Auto Securitization Trust 2026-1 • Asset-backed securities

THIS ADMINISTRATION AGREEMENT (as amended, restated, supplemented or otherwise modified and in effect from time to time, this “Agreement”) dated as of September 30, 2026, is among Porsche Financial Auto Securitization Trust 2026-1, a Delaware statutory trust (the “Issuer”), Porsche Financial Services, Inc., a Delaware corporation, as administrator (“PFS” or, in its capacity as administrator, the “Administrator”), and U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, a national banking association, as indenture trustee (the “Indenture Trustee”).

PURCHASE AGREEMENT
Purchase Agreement • September 25th, 2026 • Porsche Financial Auto Securitization Trust 2026-1 • Asset-backed securities • New York

THIS PURCHASE AGREEMENT is made and entered into as of September 30, 2026 (as amended, restated, supplemented or otherwise modified and in effect from time to time, this “Agreement”) by PORSCHE FUNDING LIMITED PARTNERSHIP, a Delaware limited partnership (“PFLP”), and PORSCHE AUTO FUNDING LLC, a Delaware limited liability company (the “Purchaser”).

SECURITIES ACCOUNT CONTROL AGREEMENT among PORSCHE FINANCIAL AUTO SECURITIZATION TRUST 2026-1, as Issuer, PORSCHE FINANCIAL SERVICES, INC., as Servicer, and Dated as of September 30, 2026
Securities Account Control Agreement • September 30th, 2026 • Porsche Financial Auto Securitization Trust 2026-1 • Asset-backed securities • New York

SECURITIES ACCOUNT CONTROL AGREEMENT (as amended, restated, supplemented or otherwise modified and in effect from time to time, this “Agreement”), dated as of September 30, 2026, among PORSCHE FINANCIAL AUTO SECURITIZATION TRUST 2026-1, as Issuer (the “Issuer”), PORSCHE FINANCIAL SERVICES, INC., as Servicer (the “Servicer”), U.S. BANK NATIONAL ASSOCIATION, as Securities Intermediary (the “Securities Intermediary”), and U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION (“U.S. Bank Trust”), not in its individual capacity, but solely in its capacity as Indenture Trustee (the “Secured Party”).

SALE AND SERVICING AGREEMENT by and among PORSCHE FINANCIAL AUTO SECURITIZATION TRUST 2026-1, as Issuer PORSCHE AUTO FUNDING LLC, as Seller PORSCHE FINANCIAL SERVICES, INC., as Servicer and as Indenture Trustee Dated as of September 30, 2026
Sale and Servicing Agreement • September 30th, 2026 • Porsche Financial Auto Securitization Trust 2026-1 • Asset-backed securities • New York

THIS SALE AND SERVICING AGREEMENT, dated as of September 30, 2026 (together with all exhibits, schedules and appendices hereto and as from time to time amended, supplemented, restated or otherwise modified and in effect, this “Agreement”), is by and among PORSCHE FINANCIAL AUTO SECURITIZATION TRUST 2026-1 (the “Issuer”), a Delaware statutory trust, PORSCHE AUTO FUNDING LLC, a Delaware limited liability company, as seller (the “Seller”), PORSCHE FINANCIAL SERVICES, INC., a Delaware corporation (“PFS”), as servicer (in such capacity, the “Servicer”), and U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, a national banking association, not in its individual capacity but solely as indenture trustee (the “Indenture Trustee”).

SECURITIES ACCOUNT CONTROL AGREEMENT among PORSCHE FINANCIAL AUTO SECURITIZATION TRUST 2026-1, as Issuer, PORSCHE FINANCIAL SERVICES, INC., as Servicer, and Dated as of September 30, 2026
Securities Account Control Agreement • September 25th, 2026 • Porsche Financial Auto Securitization Trust 2026-1 • Asset-backed securities • New York

SECURITIES ACCOUNT CONTROL AGREEMENT (as amended, restated, supplemented or otherwise modified and in effect from time to time, this “Agreement”), dated as of September 30, 2026, among PORSCHE FINANCIAL AUTO SECURITIZATION TRUST 2026-1, as Issuer (the “Issuer”), PORSCHE FINANCIAL SERVICES, INC., as Servicer (the “Servicer”), U.S. BANK NATIONAL ASSOCIATION, as Securities Intermediary (the “Securities Intermediary”), and U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION (“U.S. Bank Trust”), not in its individual capacity, but solely in its capacity as Indenture Trustee (the “Secured Party”).

PURCHASE AGREEMENT
Purchase Agreement • September 30th, 2026 • Porsche Financial Auto Securitization Trust 2026-1 • Asset-backed securities • New York

THIS PURCHASE AGREEMENT is made and entered into as of September 30, 2026 (as amended, restated, supplemented or otherwise modified and in effect from time to time, this “Agreement”) by PORSCHE FUNDING LIMITED PARTNERSHIP, a Delaware limited partnership (“PFLP”), and PORSCHE AUTO FUNDING LLC, a Delaware limited liability company (the “Purchaser”).

PORSCHE FINANCIAL AUTO SECURITIZATION TRUST 2026-1 AMENDED AND RESTATED TRUST AGREEMENT between PORSCHE AUTO FUNDING LLC, as the Depositor and WILMINGTON TRUST, NATIONAL ASSOCIATION, as the Owner Trustee Dated as of September 30, 2026
Trust Agreement • September 25th, 2026 • Porsche Financial Auto Securitization Trust 2026-1 • Asset-backed securities • Delaware

This AMENDED AND RESTATED TRUST AGREEMENT is made as of September 30, 2026 (as amended, restated, supplemented or otherwise modified and in effect from time to time, this “Agreement”) between PORSCHE AUTO FUNDING LLC, a Delaware limited liability company, as the depositor (the “Depositor”), and WILMINGTON TRUST, NATIONAL ASSOCIATION, a national banking association (“Wilmington Trust”), as the owner trustee (in such capacity, the “Owner Trustee”).