0000929638-26-003031 Sample Contracts

FORM OF RECEIVABLES PURCHASE AGREEMENT between BMW FINANCIAL SERVICES NA, LLC, as Seller, and BMW FS SECURITIES LLC, as Depositor Dated as of August 19, 2026
Receivables Purchase Agreement • August 13th, 2026 • BMW Vehicle Owner Trust 2026-A • Asset-backed securities • New York

copy” (as such term is used in Section 9-105 of the UCC) of any loan agreement that constitutes or evidences such Receivable to any Person other than the Servicer.

FORM OF ASSET REPRESENTATIONS REVIEW AGREEMENT BMW VEHICLE OWNER TRUST 2026-A, as Issuer and BMW FINANCIAL SERVICES NA, LLC, as Servicer
Asset Representations Review Agreement • August 13th, 2026 • BMW Vehicle Owner Trust 2026-A • Asset-backed securities • New York

This ASSET REPRESENTATIONS REVIEW AGREEMENT (this “Agreement”), entered into as of the 19th day of August 2026, by and among BMW VEHICLE OWNER TRUST 2026-A, a Delaware statutory trust (the “Issuer”), BMW FINANCIAL SERVICES NA, LLC, a Delaware limited liability company (the “Servicer”), and CLAYTON FIXED INCOME SERVICES LLC, a Delaware limited liability company (the “Asset Representations Reviewer”).

FORM OF INDENTURE between BMW VEHICLE OWNER TRUST 2026-A, as Issuer, and U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, as Indenture Trustee Dated as of August 19, 2026
Indenture • August 13th, 2026 • BMW Vehicle Owner Trust 2026-A • Asset-backed securities • New York

THIS INDENTURE, dated as of August 19, 2026, is between BMW VEHICLE OWNER TRUST 2026-A, a Delaware statutory trust (the “Issuer”), and U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, a national banking association, as trustee and not in its individual capacity (the “Indenture Trustee”).

FORM OF SALE AND SERVICING AGREEMENT among BMW VEHICLE OWNER TRUST 2026-A, as Issuer, BMW FS SECURITIES LLC, as Depositor, BMW FINANCIAL SERVICES NA, LLC, as Sponsor, Servicer, Administrator and Custodian, U.S. BANK TRUST COMPANY, NATIONAL...
Sale and Servicing Agreement • August 13th, 2026 • BMW Vehicle Owner Trust 2026-A • Asset-backed securities • New York

THIS SALE AND SERVICING AGREEMENT, dated as of August 19, 2026 (this “Agreement”), is among BMW VEHICLE OWNER TRUST 2026-A, a Delaware statutory trust (the “Issuer”), BMW FS SECURITIES LLC, a Delaware limited liability company (the “Depositor”), BMW FINANCIAL SERVICES NA, LLC, a Delaware limited liability company (“BMW FS”), as sponsor (in such capacity, the “Sponsor”), as servicer (in such capacity, the “Servicer”), as administrator (in such capacity, the “Administrator”) and as custodian (in such capacity, the “Custodian”), U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, a national banking association, as indenture trustee (the “Indenture Trustee”), and U.S. BANK NATIONAL ASSOCIATION, a national banking association, as securities intermediary (the “Securities Intermediary”).

FORM OF AMENDED AND RESTATED TRUST AGREEMENT between BMW FS SECURITIES LLC, as Depositor, and WILMINGTON TRUST, NATIONAL ASSOCIATION, as Owner Trustee Dated as of August 19, 2026
Trust Agreement • August 13th, 2026 • BMW Vehicle Owner Trust 2026-A • Asset-backed securities • Delaware

THIS AMENDED AND RESTATED TRUST AGREEMENT, dated as of August 19, 2026, is between BMW FS SECURITIES LLC, a Delaware limited liability company, as depositor (the “Depositor”), and WILMINGTON TRUST, NATIONAL ASSOCIATION, a national banking association, as owner trustee (the “Owner Trustee”).

BMW VEHICLE OWNER TRUST 2026-A $1,750,000,000 ASSET BACKED NOTES BMW FS SECURITIES LLC (DEPOSITOR) UNDERWRITING AGREEMENT
Underwriting Agreement • August 13th, 2026 • BMW Vehicle Owner Trust 2026-A • Asset-backed securities • New York