UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM T-1
STATEMENT OF ELIGIBILITY
UNDER THE TRUST INDENTURE ACT OF 1939 OF A
CORPORATION DESIGNATED TO ACT AS TRUSTEE
CHECK IF AN APPLICATION TO DETERMINE
ELIGIBILITY OF A TRUSTEE PURSUANT TO
SECTION 305(b)(2) x
Citibank, N.A.
(Exact name of trustee as specified in its charter)
| A National Banking Association | 13-5266470 | |
| (I.R.S. employer | ||
| identification no.) |
| 388 Greenwich Street, New York, New York | 10013 | |
| (Address of principal executive office) | (Zip code) |
VOLKSWAGEN AUTO LEASE TRUST 2025-A
(Exact name of obligor as specified in its charter)
| Delaware | 39-6820750 | |
| (State or other jurisdiction of | (I.R.S. employer | |
| Incorporation or organization) | identification no.) |
c/o Deutsche Bank Trust Company Delaware, as Owner Trustee
1100 Centre Road, 2nd Floor
Wilmington, DE, 19805
Or such other address specified in the applicable
Prospectus
(Address of principal executive offices)
AUTO LEASE ASSET BACKED NOTES
(Title of the Indenture securities)
| 1. | General information. Furnish the following information as to the Trustee: |
| (a) | Name and address of each examining or supervising authority to which it is subject. |
| Name | Address | |
| Comptroller of the Currency | Washington, D.C. | |
| Federal Reserve Bank of New York | 33 Liberty Street, New York, NY | |
| Federal Deposit Insurance Corporation | Washington, D.C. |
| (b) | Whether it is authorized to exercise corporate trust powers. |
Yes.
| 2. | Affiliations with Obligor. |
| If the obligor is an affiliate of the trustee, describe each such affiliation. |
None.
| Item 16. | List of Exhibits. |
List below all exhibits filed as a part of this Statement of Eligibility.
Exhibits identified in parentheses below, on file with the Commission, are incorporated herein by reference as exhibits hereto.
Exhibit 1 - Copy of Articles of Association of the Trustee, as now in effect. (Exhibit 1 to T-1 to Registration Statement No. 2-79983)
Exhibit 2 - Copy of certificate of authority of the Trustee to commence business. (Exhibit 2 to T-1 to Registration Statement No. 2-29577).
Exhibit 3 - Copy of authorization of the Trustee to exercise corporate trust powers. (Exhibit 3 to T-1 to Registration Statement No. 2-55519)
Exhibit 4 - Copy of existing By-Laws of the Trustee. (Exhibit 4 to T-1 to Registration Statement No. 33-34988)
Exhibit 5 - Not applicable.
Exhibit 6 – The consent of the Trustee required by Section 321 (b) of the Trust Indenture Act of 1939, as amended, the undersigned hereby consents that reports of examination of the undersigned made by Federal, State, Territorial, or District authorities authorized to make such examination may be furnished by such authorities to the Securities and Exchange Commission upon its request therefor.
Exhibit 7 - Copy of the latest Report of Condition of Citibank, N.A. (as of December 31, 2024 - attached)
Exhibit 8 - Not applicable.
Exhibit 9 - Not applicable.
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SIGNATURE
Pursuant to the requirements of the Trust Indenture Act of 1939, as amended, the trustee, Citibank, N.A., a national banking association organized and existing under the laws of the United States of America, has duly caused this Statement of Eligibility to be signed on its behalf by the undersigned, thereunto duly authorized, all in the City of New York and State of New York, on the 6th day of June, 2025.
| CITIBANK, N.A. | ||
| By: | /s/ Louis Piscitelli | |
| Name: Louis Piscitelli | ||
| Title: Senior Trust Officer | ||