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The 10-K filing for BMW Vehicle Lease Trust 2025-2 (CIK 0002085172), an asset-backed securities issuing entity backed by BMW vehicle leases, reports for the fiscal year ended December 31, 2025, filed on March 24, 2026. Consistent with General Instruction J for ABS issuers, traditional financial statements, MD&A, risk factors, and other items are omitted. No XBRL financial data or quantitative pool performance metrics such as pool balance, delinquencies, or cash flows are disclosed. Key investor-focused disclosures affirm operational stability: no single obligor represents 10% or more of the pool assets; no external credit enhancement or support exceeds 10% of cash flows for any offered note class; no derivatives alter payment characteristics. Servicing participants BMW Financial Services NA, LLC (servicer) and U.S. Bank Trust Company, National Association (indenture trustee) each asserted compliance in all material respects with applicable Regulation AB Item 1122(d) servicing criteria for the 2025 reporting period, supported by independent attestations from CohnReznick LLP and Ernst & Young LLP. No material legal proceedings are known against the issuing entity, depositor, or sponsor impacting noteholders. Trustee disclosures note unrelated ongoing litigations in RMBS and student loan trusts, deemed non-material. The trust's formation documents date to October 15, 2025, indicating a brief initial servicing period from issuance to year-end. This filing signals robust servicing framework and absence of concentration risks, critical for ABS investors.