Exhibit 99.2

CARD SERIES SCHEDULE TO

MONTHLY NOTEHOLDERS' STATEMENT

Date: October 9, 2025

CAPITAL ONE MULTI-ASSET EXECUTION TRUST, ASSET POOL 1

Monthly Period Ending: September 30, 2025

Reference is made to the Amended and Restated Series 2002-CC Supplement, dated as of October 9, 2002, as amended and restated as of March 17, 2016, and as further amended by the First Amendment thereto dated as of October 1, 2022 (as so amended, the “Series 2002-CC Supplement”), among Capital One Funding, LLC, a Virginia limited liability company (“Funding”), as Transferor, Capital One, National Association, a national banking association, as Servicer, and The Bank of New York Mellon, as Trustee, and the Indenture dated as of October 9, 2002, as amended and restated as of January 13, 2006 and March 17, 2016, and as further amended by the First Amendment thereto dated as of October 1, 2022 (as so amended, the “Indenture”), between Capital One Multi-asset Execution Trust, as Issuer, and The Bank of New York Mellon, as Indenture Trustee.

The following computations are prepared with respect to the Transfer Date of October 14, 2025 and with respect to the performance of the Trust during the related Monthly Period from September 1, 2025 through September 30, 2025.

The Current Distribution Date is October 15, 2025.

Interest Period for all tranches generally includes the previous Distribution Date (or in the case of the initial Interest Payment Date, the Issuance Date) through the day preceding the current Distribution Date.

Interest on floating rate tranches is calculated on the basis of a 360-day year and the actual number of days in the related Interest Period. Interest on fixed rate tranches is calculated on the basis of a 360-day year and twelve 30-day months.

Material terms, parties and related abbreviations used herein may be found in the following documents as filed with the Securities and Exchange

Commission (“SEC”).


Amended and Restated Pooling and Servicing Agreement dated as of September 30, 1993, as amended and restated as of August 1, 2002, January 13, 2006, July 1, 2007, and March 17, 2016.						Included in Exhibit 4.2 to Funding’s Form 8-K filed with the SEC on March 17, 2016.

First Amendment to Amended and Restated Pooling and Servicing Agreement dated as January 27, 2017.						Included in Exhibit 4.1 to Funding’s Form 8-K filed with the SEC on January 27, 2017.

Second Amendment to Amended and Restated Pooling and Servicing Agreement dated as October 1, 2022.						Included in Exhibit 4.1.3 to Funding’s Form 8-K filed with the SEC on October 3, 2022.

Third Amendment to Amended and Restated Pooling and Servicing Agreement dated as of March 17, 2023.						Included in Exhibit 4.1 to Funding's Form 10-D filed with the SEC on April 17, 2023.

Amended and Restated Series 2002-CC Supplement to the Amended and Restated Pooling and Servicing Agreement dated as of October 9, 2002, as amended and restated as of March 17, 2016, relating to the COMT Collateral Certificate.						Included in Exhibit 4.3 to Funding’s Form 8-K filed with the SEC on March 17, 2016.

First Amendment to Amended and Restated Series 2002-CC Supplement dated as of October 1, 2022.						Included in Exhibit 4.1.4 to Funding’s Form 8-K filed with the SEC on October 3, 2022.

Transfer and Administration Agreement dated as of October 9, 2002.						Included in Exhibit 4.2 to Funding’s Form 8-K filed with the SEC on November 12, 2002.

First Amendment to Transfer and Administration Agreement dated as of March 1, 2008.						Included in Exhibit 4.10 to Funding’s Form 8-K filed with the SEC on March 4, 2008.

Second Amendment to Transfer and Administration Agreement dated as of October 1, 2022.						Included in Exhibit 4.1.7 to Funding’s Form 8-K filed with the SEC on October 3, 2022.

Capital One Multi-asset Execution Trust Amended and Restated Trust Agreement dated as of October 9, 2002.						Included in Exhibit 4.3 to Funding’s Form 8-K filed with the SEC on November 12, 2002.

Indenture dated as of October 9, 2002, as amended and restated as of January 13, 2006 and March 17, 2016.						Included in Exhibit 4.4 to Funding’s Form 8-K filed with the SEC on March 17, 2016.

First Amendment to Indenture dated as of October 1, 2022.						Included in Exhibit 4.1.5 to Funding’s Form 8-K filed with the SEC on October 3, 2022.



COMT Asset Pool 1 Supplement dated as of October 9, 2002.						Included in Exhibit 4.5 to Funding’s Form 8-K filed with the SEC on November 12, 2002.
First Amendment to COMT Asset Pool 1 Supplement dated as of March 1, 2008.						Included in Exhibit 4.8 to Funding’s Form 8-K filed with the SEC on March 4, 2008.

Second Amendment to COMT Asset Pool 1 Supplement dated as of October 1, 2022.						Included in Exhibit 4.1.6 to Funding’s Form 8-K filed with the SEC on October 3, 2022.

Card Series Indenture Supplement dated as of October 9, 2002, as amended and restated as of March 17, 2016.						Included in Exhibit 4.5 to Funding’s Form 8-K filed with the SEC on March 17, 2016.

A. Interest to be paid on the corresponding Distribution Date:


	CUSIP Number	Interest Payment Date	Total Amount of Interest to be paid		Per $1000 of Outstanding Dollar Principal Amount
CLASS A (2019-3)	14041NFV8	10/15/2025	$	2,489,166.67	1.7166666690
CLASS A (2021-2)	14041NFX4	10/15/2025	$	1,621,666.67	1.1583333357
CLASS A (2022-3)	14041NGB1	10/15/2025	$	6,187,500.00	4.1250000000
CLASS A (2023-1)	14041NGD7	10/15/2025	$	4,420,000.00	3.6833333333
CLASS A (2024-1)	14041NGE5	10/15/2025	$	3,266,666.67	3.2666666700
CLASS A (2025-1)	14041NGF2	11/17/2025	$	—	—
CLASS A (2025-2)	14041NGG0	11/17/2025	$	—	—


Total Class A			$	17,985,000.01
CLASS B (2009-C)		10/15/2025	$	3,793,843.51	4.1014524432
Total Class B			$	3,793,843.51
CLASS C (2009-A)		10/15/2025	$	4,077,304.62	4.4078968865
Total Class C			$	4,077,304.62
Total			$	25,856,148.14

B. Principal to be paid on the Distribution Date:


	CUSIP Number	Principal Payment Date	Total Amount of Principal to be paid		Per $1000 of Outstanding Dollar Principal Amount
CLASS A (2022-3)	14041NGB1	10/15/2025	$	1,500,000,000.00	1,000.0000000000
CLASS B (2009-C)		10/15/2025	$	170,000,000.00	183.7837837838
CLASS C (2009-A)		10/15/2025	$	170,000,000.00	183.7837837838

C. Outstanding Dollar Principal Amount and Nominal Liquidation Amount for the related Monthly Period:

(as of the end of the related Monthly Period)


	Initial Dollar Principal Amount		Outstanding Dollar Principal Amount		Adjusted Outstanding Dollar Principal Amount		Nominal Liquidation Amount
CLASS A (2019-3)	$	1,450,000,000.00	$	1,450,000,000.00	$	1,450,000,000.00	$	1,450,000,000.00
CLASS A (2021-2)	$	1,400,000,000.00	$	1,400,000,000.00	$	1,400,000,000.00	$	1,400,000,000.00
CLASS A (2022-3)	$	1,500,000,000.00	$	1,500,000,000.00	$	1,500,000,000.00	$	1,500,000,000.00
CLASS A (2023-1)	$	1,200,000,000.00	$	1,200,000,000.00	$	1,200,000,000.00	$	1,200,000,000.00
CLASS A (2024-1)	$	1,000,000,000.00	$	1,000,000,000.00	$	1,000,000,000.00	$	1,000,000,000.00
CLASS A (2025-1)	$	750,000,000.00	$	750,000,000.00	$	750,000,000.00	$	750,000,000.00
CLASS A (2025-2)	$	750,000,000.00	$	750,000,000.00	$	750,000,000.00	$	750,000,000.00


Total Class A	$	8,050,000,000.00	$	8,050,000,000.00	$	8,050,000,000.00	$	8,050,000,000.00
CLASS B (2009-C)	$	925,000,000.00	$	925,000,000.00	$	925,000,000.00	$	925,000,000.00
Total Class B	$	925,000,000.00	$	925,000,000.00	$	925,000,000.00	$	925,000,000.00
CLASS C (2009-A)	$	925,000,000.00	$	925,000,000.00	$	925,000,000.00	$	925,000,000.00
Total Class C	$	925,000,000.00	$	925,000,000.00	$	925,000,000.00	$	925,000,000.00
CLASS D (2002-1)	$	—	$	306,187,643.57	$	306,187,643.57	$	306,187,643.57
Total Class D	$	—	$	306,187,643.57	$	306,187,643.57	$	306,187,643.57
Total	$	9,900,000,000.00	$	10,206,187,643.57	$	10,206,187,643.57	$	10,206,187,643.57

D. Nominal Liquidation Amount for Tranches of Notes Outstanding:

(including all tranches issued as of the end of the Monthly Period, after taking into account all allocations expected to occur on the Distribution Date)


	End of Month Nominal Liquidation Amount		Increase due to accretions of Principal for Discount Notes		Withdrawal from Principal Funding sub-account		Reimbursements of Nominal Liquidation Amount from Available Funds		Reductions due to reallocation of Card Series Principal Amounts		Reduction due to Investor Charge-offs		Reductions due to deposits into the Principal Funding sub-Account		Nominal Liquidation Amount as of the Distribution Date*
CLASS A (2019-3)	$	1,450,000,000.00	$	—	$	—	$	—	$	—	$	—	$	—	$	1,450,000,000.00
CLASS A (2021-2)	$	1,400,000,000.00	$	—	$	—	$	—	$	—	$	—	$	—	$	1,400,000,000.00
CLASS A (2022-3)	$	1,500,000,000.00	$	—	$	—	$	—	$	—	$	—	$	1,500,000,000.00	$	—
CLASS A (2023-1)	$	1,200,000,000.00	$	—	$	—	$	—	$	—	$	—	$	—	$	1,200,000,000.00
CLASS A (2024-1)	$	1,000,000,000.00	$	—	$	—	$	—	$	—	$	—	$	—	$	1,000,000,000.00
CLASS A (2025-1)	$	750,000,000.00	$	—	$	—	$	—	$	—	$	—	$	—	$	750,000,000.00
CLASS A (2025-2)	$	750,000,000.00	$	—	$	—	$	—	$	—	$	—	$	—	$	750,000,000.00
Total Class A	$	8,050,000,000.00	$	—	$	—	$	—	$	—	$	—	$	1,500,000,000.00	$	6,550,000,000.00
CLASS B (2009-C)	$	925,000,000.00	$	—	$	—	$	—	$	—	$	—	$	170,000,000.00	$	755,000,000.00
Total Class B	$	925,000,000.00	$	—	$	—	$	—	$	—	$	—	$	170,000,000.00	$	755,000,000.00
CLASS C (2009-A)	$	925,000,000.00	$	—	$	—	$	—	$	—	$	—	$	170,000,000.00	$	755,000,000.00
Total Class C	$	925,000,000.00	$	—	$	—	$	—	$	—	$	—	$	170,000,000.00	$	755,000,000.00
CLASS D (2002-1)	$	306,187,643.57	$	—	$	—	$	—	$	—	$	—	$	—	$	249,280,040.68
Total Class D	$	306,187,643.57	$	—	$	—	$	—	$	—	$	—	$	—	$	249,280,040.68
Total	$	10,206,187,643.57	$	—	$	—	$	—	$	—	$	—	$	1,840,000,000.00	$	8,309,280,040.68

* This report does not capture any new issuances or increases of notes occurring after the end of the Monthly Period.

E. Targeted Deposits to Principal Funding sub-Accounts:


	Beginning Principal Funding sub-Account Balance	Targeted Deposit to Principal Funding sub-Account		Previous shortfalls of targeted deposits to the Principal Funding Sub-Account	Actual Deposit to Principal Funding sub-Account		Amounts withdrawn from the Principal Funding sub-Account for payment to Noteholders		Ending Principal Funding sub-Account Balance	Principal Funding sub-Account Earnings
CLASS A (2022-3)		$	1,500,000,000.00		$	1,500,000,000.00	$	1,500,000,000.00
CLASS B (2009-C)		$	170,000,000.00		$	170,000,000.00	$	170,000,000.00
CLASS C (2009-A)		$	170,000,000.00		$	170,000,000.00	$	170,000,000.00

F. Targeted Deposits to Interest Funding sub-Accounts:


	Applicable Interest Rates		Beginning Interest Funding sub-Account Balance		Targeted Deposit to Interest Funding sub-Account		Previous Shortfalls of targeted deposits to the Interest Funding sub-Account		Actual Deposit to Interest Funding sub-Account		Amounts withdrawn from the Interest Funding sub-Account for payment to Noteholders		Ending Interest Funding sub-Account Balance		Interest Funding sub-Account Earnings
CLASS A (2019-3)	2.060	%	$	—	$	2,489,166.67	$	—	$	2,489,166.67	$	2,489,166.67	$	—	$	—
CLASS A (2021-2)	1.390	%	$	—	$	1,621,666.67	$	—	$	1,621,666.67	$	1,621,666.67	$	—	$	—
CLASS A (2022-3)	4.950	%	$	—	$	6,187,500.00	$	—	$	6,187,500.00	$	6,187,500.00	$	—	$	—
CLASS A (2023-1)	4.420	%	$	—	$	4,420,000.00	$	—	$	4,420,000.00	$	4,420,000.00	$	—	$	—
CLASS A (2024-1)	3.920	%	$	—	$	3,266,666.67	$	—	$	3,266,666.67	$	3,266,666.67	$	—	$	—
CLASS A (2025-1)	3.820	%	$	—	$	—	$	—	$	—	$	—	$	—	$	—
CLASS A (2025-2)	4.020	%	$	—	$	—	$	—	$	—	$	—	$	—	$	—


Total Class A			$	—	$	17,985,000.01	$	—	$	17,985,000.01	$	17,985,000.01	$	—	$	—
CLASS B (2009-C)	4.952	%	$	—	$	3,793,843.51	$	—	$	3,793,843.51	$	3,793,843.51	$	—	$	—
Total Class B			$	—	$	3,793,843.51	$	—	$	3,793,843.51	$	3,793,843.51	$	—	$	—
CLASS C (2009-A)	5.322	%	$	—	$	4,077,304.62	$	—	$	4,077,304.62	$	4,077,304.62	$	—	$	—
Total Class C			$	—	$	4,077,304.62	$	—	$	4,077,304.62	$	4,077,304.62	$	—	$	—
Total			$	—	$	25,856,148.14	$	—	$	25,856,148.14	$	25,856,148.14	$	—	$	—

G. Class C Reserve sub-Accounts:

Beginning Class C Reserve sub-Account Balance

Targeted Deposit to Class C Reserve sub-Account

Actual Deposit to Class C Reserve sub-Account

Withdrawals from Class C Reserve sub-Account Balance

Ending Class C Reserve sub-Account Balance

Class C Reserve sub-Account Earnings

NOTHING TO REPORT

H. Targeted Deposits to Class D Reserve sub-Accounts:

(Beginning Class D Reserve sub-account Balance includes Class D Reserve sub-Account Earnings and deposits related to any new issuances)

Beginning Class D Reserve sub-Account Balance

Targeted Deposit to Class D Reserve sub-Account

Actual Deposit to Class D Reserve sub-Account

Withdrawals from Class D Reserve sub-Account Balance

Ending Class D Reserve sub-Account Balance

Class D Reserve sub-Account Earnings

NOTHING TO REPORT

I. Targeted Deposits to Accumulation Reserve sub-Accounts:

Beginning Accumulation Reserve sub-Account Balance

Targeted Deposit to Accumulation Reserve sub-Account

Actual Deposit to Accumulation Reserve sub-Account

Withdrawals from Accumulation Reserve Account for Interest

Withdrawals from Accumulation Reserve Account for Payments to Issuer

Ending Accumulation Reserve Balance
sub-Account

Accumulation Reserve sub-Account Earnings

NOTHING TO REPORT

J. Class A Usage of Class B, C and D Subordination Amounts:

Class A Usage of Class B Subordination Amount for this Monthly Period

Class A Usage of Class C Subordination Amount for this Monthly Period

Class A Usage of Class D Subordination Amount for this Monthly Period

Cumulative Class A Usage of Class B Subordination Amount

Cumulative Class A Usage of Class C Subordination Amount

Cumulative Class A Usage of Class D Subordination Amount

NOTHING TO REPORT

K. Class B Usage of Class C and D Subordination Amounts:

Class B Usage of Class C Subordination Amount for this Monthly Period

Class B Usage of Class D Subordination Amount for this Monthly Period

Cumulative Class B Usage of Class C Subordination Amount

Cumulative Class B Usage of Class D Subordination Amount

NOTHING TO REPORT

L. Class C Usage of Class D Subordination Amounts:


	Class C Usage of Class D Subordination Amount for this Monthly Period	Cumulative Class C Usage of Class D Subordination Amount
NOTHING TO REPORT

M. Required and Available Subordination Amount to Class A, B and C Notes:

(as of Determination Date, after taking into account all maturities expected to occur on the Distribution Date)


	Required Subordination Amount from Class B Notes		Available Subordination Amount from Class B Notes		Required Subordination Amount from Class C Notes		Available Subordination Amount from Class C Notes		Required Subordination Amount from Class D Notes		Available Subordination Amount from Class D Notes
CLASS A (2019-3)	$	165,191,250.00	$	165,191,250.00	$	165,191,250.00	$	165,191,250.00	$	55,063,750.00	$	55,063,750.00
CLASS A (2021-2)	$	159,495,000.00	$	159,495,000.00	$	159,495,000.00	$	159,495,000.00	$	53,165,000.00	$	53,165,000.00
CLASS A (2023-1)	$	136,710,000.00	$	136,710,000.00	$	136,710,000.00	$	136,710,000.00	$	45,570,000.00	$	45,570,000.00
CLASS A (2024-1)	$	113,925,000.00	$	113,925,000.00	$	113,925,000.00	$	113,925,000.00	$	37,975,000.00	$	37,975,000.00

CLASS A (2025-1)	$	85,443,750.00	$	85,443,750.00	$	85,443,750.00	$	85,443,750.00	$	28,481,250.00	$	28,481,250.00
CLASS A (2025-2)	$	85,443,750.00	$	85,443,750.00	$	85,443,750.00	$	85,443,750.00	$	28,481,250.00	$	28,481,250.00
Total Class A	$	746,208,750.00	$	746,208,750.00	$	746,208,750.00	$	746,208,750.00	$	248,736,250.00	$	248,736,250.00
CLASS B (2009-C)					$	747,107,857.51	$	747,107,857.51	$	249,035,952.50	$	249,035,952.50
Total Class B					$	747,107,857.51	$	747,107,857.51	$	249,035,952.50	$	249,035,952.50
CLASS C (2009-A)									$	249,280,040.68	$	249,280,040.68
Total Class C									$	249,280,040.68	$	249,280,040.68

N. Early Redemption Event


Current Month Excess Spread Amount	$	162,542,240.41
Prior Month Excess Spread Amount	$	127,709,124.48
Two Months Prior Excess Spread Amount	$	129,982,325.77
Three Month Average Excess Spread Amount	$	140,077,896.89
Is the average of the Excess Spread Amount for preceding three months greater than $0?	YES

O. Repurchase Demand Activity (Rule 15Ga-1)

Nothing to Report

Most Recent Form ABS - 15G

Filed by: Capital One Funding, LLC

CIK#: 0001162387

Date: February 7, 2025

IN WITNESS WHEREOF, the undersigned has duly executed and delivered this Certificate this 9th day of October 2025.


CAPITAL ONE, NATIONAL ASSOCIATION as Administrator

By:			/s/ Eric Bauder
Name:			Eric Bauder
Title:			Authorized Representative

CAPITAL ONE MULTI ASSET EXECUTION TRUST 10-D