# EDGAR Filing Document

**Accession Number:** 0002082903
**File Stem:** 0002082903-25-000012
**Filing Date:** 2025-12
**Character Count:** 21698
**Document Hash:** 4f10c23df8ece98a94b897ad69020c16
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002082903-25-000012.hdr.sgml**: 20251218

**ACCESSION NUMBER**: 0002082903-25-000012

**CONFORMED SUBMISSION TYPE**: 10-D

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251130

**FILED AS OF DATE**: 20251218

**DATE AS OF CHANGE**: 20251218

**ABS ASSET CLASS**: Auto loans

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Ford Credit Auto Owner Trust 2025-B
- **CENTRAL INDEX KEY:** 0002082903
- **STANDARD INDUSTRIAL CLASSIFICATION:** ASSET-BACKED SECURITIES [6189]
- **ORGANIZATION NAME:** Office of Structured Finance
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 10-D
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 333-281130-02
- **FILM NUMBER:** 251581357

**BUSINESS ADDRESS:**
- **STREET 1:** C/O FORD MOTOR CO , WHQ STE 801-C1
- **STREET 2:** ONE AMERICAN ROAD
- **CITY:** DEARBORN
- **STATE:** MI
- **ZIP:** 48126
- **BUSINESS PHONE:** 3135943495

**MAIL ADDRESS:**
- **STREET 1:** C/O FORD MOTOR CO , WHQ STE 801-C1
- **STREET 2:** ONE AMERICAN ROAD
- **CITY:** DEARBORN
- **STATE:** MI
- **ZIP:** 48126

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 10-D**<br>

**ASSET-BACKED ISSUER**

**DISTRIBUTION REPORT PURSUANT TO SECTION 13 OR 15(d) OF** 

**THE SECURITIES EXCHANGE ACT OF 1934**

**For the monthly distribution period from November 1, 2025 to November 30, 2025**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Commission File Number of issuing entity: 333-281130-02**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Central Index Key Number of issuing entity: 0002082903**

**Ford Credit Auto Owner Trust 2025-B**

**(Exact name of issuing entity as specified on its charter)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Commission File Number of depositor: 333-281130**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Central Index Key Number of depositor: 0001129987**

**Ford Credit Auto Receivables Two LLC**

**(Exact name of depositor as specified on its charter)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Central Index Key Number of sponsor: 0000038009**

**Ford Motor Credit Company LLC**

**(Exact name of sponsor as specified in its charter)**

**Ryan M. Hershberger, Phone: 313-594-3495**

**(Name and telephone number, including area code, of the person to contact in connection with this filing)**

**Delaware**

**(State or jurisdiction of incorporation or organization of the issuing entity)**

**33-6450047**

**(I.R.S. Employer Identification No.)**

---

| | |
|:---|:---|
| **&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; c/o U.S. Bank Trust National Association**<br>**&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1011 Centre Road, Suite 203, Delle Donne Corporate Center** <br>**&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wilmington, Delaware**<br>**&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Address of principal executive offices)** | **&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp; 19805**<br>**&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (zip code)** |

---

**(800) 934-6802**

**(Telephone Number, including area code)**

Registered/reporting pursuant to (check one)

---

| | | | | |
|:---|:---|:---|:---|:---|
| <u>Title of Class</u> | <u>Section 12(b)</u> | <u>Section 12(g)</u> | <u>Section 15(d)</u> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Name of Exchange<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>(If Section 12(b))</u> |
| Class A-1 Notes | | | X | |
| Class A-2a Notes | | | X | |
| Class A-2b Notes | | | X | |
| Class A-3 Notes | | | X | |
| Class A-4 Notes | | | X | |
| Class B Notes | | | X | |

---

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes 🗹 No □

------

PART I - DISTRIBUTION INFORMATION

**Item 1. Distribution and Pool Performance Information.**

&nbsp;&nbsp;&nbsp;&nbsp;Distribution and performance information of the asset pool of the issuing entity is set forth in the attached Monthly Investor Report.

**Item 1A. Asset-Level Information**

&nbsp;&nbsp;&nbsp;&nbsp;

The asset-level data for the asset pool of the issuing entity included in Exhibit 102 to the Form ABS-EE filed by the issuing entity with the U.S. Securities and Exchange Commission on December 16, 2025, (the "Form ABS-EE") is incorporated into this Form 10-D by reference.

The additional asset-level information or explanatory language for the asset pool of the issuing entity included in Exhibit 103 to the Form ABS-EE is also incorporated into this Form 10-D by reference.

PART II - OTHER INFORMATION

**Item 10. Exhibits.**

(a) Documents filed as part of this report: <br> Exhibit 99 <u>[Ford Credit Auto Owner Trust 2025-B Monthly Investor Report](fcaot2025-b10xdinvestorrep.htm)</u>

---

| | |
|:---|:---|
| (b) Exhibits required by this Form and Item 601 of Regulation S-K: | (b) Exhibits required by this Form and Item 601 of Regulation S-K: |
| Exhibit 102 | <u>[Asset Data File (included in Exhibit 102 to Form ABS-EE, as filed by the issuing entity with the U.S. Securities and Exchange Commission on](https://www.sec.gov/Archives/edgar/data/2082903/000208290325000010/autoloanmonthlydeal1204pool.xml)[December 16](https://www.sec.gov/Archives/edgar/data/2082903/000208290325000010/autoloanmonthlydeal1204pool.xml)[, 2025, which is incorporated herein by reference)](https://www.sec.gov/Archives/edgar/data/2082903/000208290325000010/autoloanmonthlydeal1204pool.xml)</u> |
| Exhibit 103 | <u>[Asset Related Document (included in Exhibit 103 to Form ABS-EE, as filed by the issuing entity with the U.S. Securities and Exchange Commission on](https://www.sec.gov/Archives/edgar/data/2082903/000208290325000010/ardmonth1121retail2025b.xml)[December 16](https://www.sec.gov/Archives/edgar/data/2082903/000208290325000010/ardmonth1121retail2025b.xml)[, 2025, which is incorporated herein by reference)](https://www.sec.gov/Archives/edgar/data/2082903/000208290325000010/ardmonth1121retail2025b.xml)</u> |

---

------

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Servicer, on behalf of the issuing entity, has duly caused this report to be signed by the undersigned duly authorized.

---

| |
|:---|
| &nbsp;&nbsp;Ford Credit Auto Owner Trust 2025-B |
| &nbsp;&nbsp;(Issuing entity) |
| &nbsp;&nbsp;By: Ford Motor Credit Company LLC (Servicer) |
| &nbsp;&nbsp;/s/ Ryan M. Hershberger |
| &nbsp;&nbsp;Ryan M. Hershberger |
| &nbsp;&nbsp;Assistant Treasurer |

---

Date: December 18, 2025

## Ex-99

**Ford Credit Auto Owner Trust 2025-B**

**Monthly Investor Report**

---

| | |
|:---|:---|
| Collection Period | November 2025 |
| Payment Date | 12/15/2025 |
| Transaction Month | 3 |

---

Additional information about the structure, cashflows, defined terms and parties for this transaction can be found in the prospectus, available on the SEC website (http://www.sec.gov) under the registration number 333-281130 and at https://www.ford.com/finance/investor-center/asset-backed-securitization.

**<u>I. ORIGINAL DEAL PARAMETERS</u>**&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Dollar Amount** | **# of Receivables** | | **Weighted Avg Remaining Term at Cutoff** |
| Initial Pool Balance | $1645740999.46 | 43700 |  | 55.3 months |
|  | **Dollar Amount** | **Note Interest Rate** |  | **Final Scheduled Payment Date** |
| Original Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A-1 Notes | $320400000.00 | 4.057% |  | October 15, 2026 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A-2a Notes | $325000000.00 | 3.88% |  | June 15, 2028 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A-2b Notes | $217400000.00 | 4.44202% | \* | June 15, 2028 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A-3 Notes | $542400000.00 | 3.91% |  | April 15, 2030 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A-4 Notes | $94800000.00 | 3.95% |  | July 15, 2031 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class B Notes | $47370000.00 | 4.24% |  | July 15, 2031 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class C Notes | $31570000.00 | 0.00% |  | March 15, 2033 |
| **&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total** | $**1578940000.00** |  |  |  |
|  |  | \* 30-day average SOFR + 0.30% | \* 30-day average SOFR + 0.30% | \* 30-day average SOFR + 0.30% |

---

**<u>II. AVAILABLE FUNDS</u>**

---

| | |
|:---|:---|
| **Interest:** | |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Interest Collections | $6179505.54 |
| **Principal:** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Principal Collections | $30109682.77 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prepayments in Full | $14212740.41 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Liquidation Proceeds | $0.00 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Recoveries | $0.00 |
| **&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Sub Total** | $**44322423.18** |
| **Collections** | $**50501928.72** |
| **Purchase Amounts:** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Purchase Amounts Related to Principal | $63471.94 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Purchase Amounts Related to Interest | $519.84 |
| **&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Sub Total** | $**63991.78** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clean-up Call | $0.00 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Reserve Account Draw Amount | $0.00 |
| **Available Funds - Total** | $**50565920.50** |

---

------

**Ford Credit Auto Owner Trust 2025-B**

**Monthly Investor Report**

---

| | |
|:---|:---|
| Collection Period | November 2025 |
| Payment Date | 12/15/2025 |
| Transaction Month | 3 |

---

**<u>III. DISTRIBUTIONS</u>**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **Calculated Amount** | **Amount Paid** | **Shortfall** | **Carryover Shortfall** | **Remaining Available Funds** |
| Trustee and Other Fees/Expenses | $0.00 | $0.00 | $0.00 | $0.00 | $50565920.50 |
| Servicing Fee | $1282039.32 | $1282039.32 | $0.00 | $0.00 | $49283881.18 |
| Interest - Class A-1 Notes | $662207.18 | $662207.18 | $0.00 | $0.00 | $48621674.00 |
| Interest - Class A-2a Notes | $1050833.33 | $1050833.33 | $0.00 | $0.00 | $47570840.67 |
| Interest - Class A-2b Notes | $751096.23 | $751096.23 | $0.00 | $0.00 | $46819744.44 |
| Interest - Class A-3 Notes | $1767320.00 | $1767320.00 | $0.00 | $0.00 | $45052424.44 |
| Interest - Class A-4 Notes | $312050.00 | $312050.00 | $0.00 | $0.00 | $44740374.44 |
| First Priority Principal Payment | $0.00 | $0.00 | $0.00 | $0.00 | $44740374.44 |
| Interest - Class B Notes | $167374.00 | $167374.00 | $0.00 | $0.00 | $44573000.44 |
| Second Priority Principal Payment | $2018214.03 | $2018214.03 | $0.00 | $0.00 | $42554786.41 |
| Interest - Class C Notes | $0.00 | $0.00 | $0.00 | $0.00 | $42554786.41 |
| Reserve Account Deposit | $0.00 | $0.00 | $0.00 | $0.00 | $42554786.41 |
| Regular Principal Payment | $207843563.34 | $42554786.41 | $0.00 | $0.00 | $0.00 |
| Additional Trustee and Other Fees/Expenses | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Residual Released to Depositor | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| **Total** |  | $**50565920.50** |  |  |  |
| **<u>Principal Payment:</u>** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;First Priority Principal Payment |  |  |  |  | $0.00 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Second Priority Principal Payment |  |  |  |  | $2018214.03 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Regular Principal Payment |  |  |  |  | $42554786.41 |
| **&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total** |  |  |  |  | $**44573000.44** |

---

**<u>IV. NOTEHOLDER PAYMENTS</u>**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| | **Noteholder Principal Payments** | **Noteholder Principal Payments** | **Noteholder Interest Payments** | **Noteholder Interest Payments** | **Total Payment** | **Total Payment** |
| |<br>**Actual** | **Per $1,000 of**<br> **Original Balance** |<br>**Actual** | **Per $1,000 of**<br>**Original Balance** |<br>**Actual** | **Per $1,000 of**<br>**Original Balance** |
| Class A-1 Notes | $44573000.44 | $139.12 | $662207.18 | $2.07 | $45235207.62 | $141.19 |
| Class A-2a Notes | $0.00 | $0.00 | $1050833.33 | $3.23 | $1050833.33 | $3.23 |
| Class A-2b Notes | $0.00 | $0.00 | $751096.23 | $3.45 | $751096.23 | $3.45 |
| Class A-3 Notes | $0.00 | $0.00 | $1767320.00 | $3.26 | $1767320.00 | $3.26 |
| Class A-4 Notes | $0.00 | $0.00 | $312050.00 | $3.29 | $312050.00 | $3.29 |
| Class B Notes | $0.00 | $0.00 | $167374.00 | $3.53 | $167374.00 | $3.53 |
| Class C Notes | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| **Total** | $**44573000.44** | $**28.23** | $**4710880.74** | $**2.98** | $**49283881.18** | $**31.21** |

---

------

**Ford Credit Auto Owner Trust 2025-B**

**Monthly Investor Report**

---

| | |
|:---|:---|
| Collection Period | November 2025 |
| Payment Date | 12/15/2025 |
| Transaction Month | 3 |

---

**<u>V. NOTE BALANCE AND POOL INFORMATION</u>**

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Beginning of Period** | **Beginning of Period** | **End of Period** | **End of Period** |
| | **Balance** | **Note Factor** | **Balance** | **Note Factor** |
| Class A-1 Notes | $209861777.37 | 0.6549993 | $165288776.93 | 0.5158826 |
| Class A-2a Notes | $325000000.00 | 1.0000000 | $325000000.00 | 1.0000000 |
| Class A-2b Notes | $217400000.00 | 1.0000000 | $217400000.00 | 1.0000000 |
| Class A-3 Notes | $542400000.00 | 1.0000000 | $542400000.00 | 1.0000000 |
| Class A-4 Notes | $94800000.00 | 1.0000000 | $94800000.00 | 1.0000000 |
| Class B Notes | $47370000.00 | 1.0000000 | $47370000.00 | 1.0000000 |
| Class C Notes | $31570000.00 | 1.0000000 | $31570000.00 | 1.0000000 |
| **Total** | $**1468401777.37** | **0.9299921** | $**1423828776.93** | **0.9017624** |

---

---

| | | |
|:---|:---|:---|
| **Pool Information** | | |
| Weighted Average APR | 5.229% | 5.240% |
| Weighted Average Remaining Term | 53.85 | 53.09 |
| Number of Receivables Outstanding | 42111 | 41332 |
| Pool Balance | $1538447182.74 | $1494053249.22 |
| Adjusted Pool Balance (Pool Balance - YSOC Amount) | $1476751086.43 | $1434813563.34 |
| Pool Factor | 0.9348052 | 0.9078301 |

---

**<u>VI. OVERCOLLATERALIZATION INFORMATION</u>**

---

| | |
|:---|:---|
| Specified Reserve Balance | $3947371.48 |
| Yield Supplement Overcollateralization Amount | $59239685.88 |
| Targeted Overcollateralization Amount | $90818657.75 |
| Actual Overcollateralization Amount (EOP Pool Balance - EOP Note Balance) | $70224472.29 |

---

**<u>VII. RECONCILIATION OF RESERVE ACCOUNT</u>**

---

| | |
|:---|:---|
| Beginning Reserve Account Balance | $3947371.48 |
| Reserve Account Deposits Made | $0.00 |
| Reserve Account Draw Amount | $0.00 |
| Ending Reserve Account Balance | $3947371.48 |
| Change in Reserve Account Balance | $0.00 |
| Specified Reserve Balance | $3947371.48 |

---

------

**Ford Credit Auto Owner Trust 2025-B**

**Monthly Investor Report**

---

| | |
|:---|:---|
| Collection Period | November 2025 |
| Payment Date | 12/15/2025 |
| Transaction Month | 3 |

---

**<u>VIII. NET LOSS AND DELINQUENT RECEIVABLES</u>**

---

| | | | |
|:---|:---|:---|:---|
| | | **# of Receivables** | **Amount** |
| **Current Collection Period Loss:** | | | |
| Realized Loss (Charge-Offs) |  | 44 | $8038.40 |
| (Recoveries) |  | 0 | $0.00 |
| Net Loss for Current Collection Period |  |  | $8038.40 |
| **Ratio of Net Loss for Current Collection Period to Beginning of Period Pool Balance (annualized)** |  |  | **0.0063%** |
| **Prior and Current Collection Periods Average Loss:** |  |  |  |
| Ratio of Net Loss to the Average Pool Balance (annualized) |  |  |  |
| Third Prior Collection Period |  |  | N/A |
| Second Prior Collection Period | Second Prior Collection Period | Second Prior Collection Period | 0.0003% |
| Prior Collection Period |  |  | 0.0159% |
| Current Collection Period |  |  | 0.0064% |
| **Four Month Average (Current and Prior Three Collection Periods)** |  |  | **N/A** |
| **Cumulative Loss:** |  |  |  |
| Cumulative Realized Loss (Charge-Offs) |  | 136 | $29189.26 |
| (Cumulative Recoveries) |  |  | $0.00 |
| Cumulative Net Loss for All Collection Periods |  |  | $29189.26 |
| **Ratio of Cumulative Net Loss for all Collection Periods to Initial Pool Balance** | **Ratio of Cumulative Net Loss for all Collection Periods to Initial Pool Balance** |  | **0.0018%** |
| Average Realized Loss for Receivables that have experienced a Realized Loss |  |  | $214.63 |
| Average Net Loss for Receivables that have experienced a Realized Loss |  |  | $214.63 |
|  | **% of EOP Pool Balance** | **# of Receivables** | **Amount** |
| **Delinquent Receivables:** |  |  |  |
| 31-60 Days Delinquent | 0.47% | 172 | $6988338.14 |
| 61-90 Days Delinquent | 0.05% | 18 | $678752.05 |
| 91-120 Days Delinquent | 0.01% | 3 | $113420.35 |
| Over 120 Days Delinquent | 0.00% | 0 | $0.00 |
| **Total Delinquent Receivables** | **0.52%** | **193** | $**7780510.54** |
| **Repossession Inventory:** |  |  |  |
| Repossessed in the Current Collection Period |  | 6 | $228530.86 |
| Total Repossessed Inventory |  | 9 | $356385.44 |
| **Number of 61+ Delinquent Receivables to EOP Number of Outstanding Receivables:** | **Number of 61+ Delinquent Receivables to EOP Number of Outstanding Receivables:** | **Number of 61+ Delinquent Receivables to EOP Number of Outstanding Receivables:** |  |
| Second Prior Collection Period |  |  | 0.0000% |
| Prior Collection Period |  |  | 0.0237% |
| Current Collection Period |  |  | 0.0508% |
| Three Month Average |  |  | 0.0249% |
| **Delinquency Trigger (61+ Delinquent Receivables)** |  |  |  |
| **Transaction Month** | **Trigger** |  |  |
| 1-12 | 0.80% |  |  |
| 13-24 | 1.30% |  |  |
| 25-36 | 2.40% |  |  |
| 37+ | 4.55% |  |  |
| 61+ Delinquent Receivables Balance to EOP Pool Balance |  |  | 0.0530% |
| Delinquency Trigger Occurred |  |  | No |

---

------

**Ford Credit Auto Owner Trust 2025-B**

**Monthly Investor Report**

---

| | |
|:---|:---|
| Collection Period | November 2025 |
| Payment Date | 12/15/2025 |
| Transaction Month | 3 |

---

---

| | | |
|:---|:---|:---|
| **Receivables Granted Extensions in the Current Collection Period:** | **# of Receivables** | **Amount** |
| 1 Month Extended | 110 | $5404505.37 |
| 2 Months Extended | 160 | $7481249.43 |
| 3+ Months Extended | 14 | $514925.51 |
| **Total Receivables Extended** | **284** | **$13400680.31** |

---

**<u>IX. REPURCHASE DEMAND ACTIVITY (RULE 15Ga-1)</u>**

---

| |
|:---|
| No Activity to report |
| **Most Recent Form ABS-15G for repurchase demand activity** |
| Filed by: Ford Motor Credit Company LLC |
| <u>CIK#: 0000038009</u> |
| **Date: February 7, 2025** |

---

**<u>X. FLOATING RATE BENCHMARK: BENCHMARK TRANSITION</u>**

---

| | |
|:---|:---|
| Benchmark Transition Event: | N/A |
| Benchmark Replacement Date: | N/A |
| Unadjusted Benchmark Replacement: | N/A |
| Benchmark Replacement Adjustment: | N/A |
| Benchmark Replacement Conforming Changes: | N/A |

---

<u>SERVICER CERTIFICATION</u>

**THIS REPORT IS ACCURATE IN ALL MATERIAL RESPECTS.**

Ford Motor Credit Company LLC

<u>/s/ Ryan M. Hershberger</u> 

Assistant Treasurer

<br>