PART I - FINANCIAL INFORMATION

Item 1. Financial Statements.

CROWN RESERVE ACQUISITION CORP. I

CONDENSED BALANCE SHEET

JUNE 30, 2025

(UNAUDITED)

Current assets - Cash

Deferred offering costs

LIABILITIES AND SHAREHOLDER’S EQUITY

Current liabilities:

Accrued offering costs

Promissory note - related party

Commitments and contingencies

Shareholder’s equity:

Preferred shares, $0.0001 par value; 5,000,000 shares authorized; none issued or outstanding as of June 30, 2025

Class A ordinary shares, $0.0001 par value; 300,000,000 shares authorized; none issued or outstanding as of June 30, 2025

Class B ordinary shares, $0.0001 par value; 50,000,000 shares authorized; 4,312,500 shares issued and outstanding as of June 30, 2025 (1)

Additional paid-in capital

Retained earnings

Total shareholder’s equity

Total liabilities and shareholder’s equity

This number includes an aggregate of up to 562,500 Class B ordinary shares subject to forfeiture if the over-allotment option is not exercised in full or in part by the underwriter (see Note 4). On November 10, 2025, the underwriters exercised their over-allotment option in full as part of the closing of the Initial Public Offering. As such, the 562,500 Class B ordinary shares are no longer subject to forfeiture.

The accompanying notes are an integral part of the unaudited condensed financial statements.

CROWN RESERVE ACQUISITION CORP. I

CONDENSED STATEMENTS OF OPERATIONS

FOR THE PERIOD FROM APRIL 29, 2025 (INCEPTION) TO JUNE 30, 2025

(UNAUDITED)

Weighted average common shares outstanding - basic and diluted (1)