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    PART I - FINANCIAL INFORMATION

    Item 1. Financial Statements.

    CROWN RESERVE ACQUISITION CORP. I

    CONDENSED BALANCE SHEET

    SEPTEMBER 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 September 30, 2025

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

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

    Additional paid-in capital

    Accumulated deficit

    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 THREE MONTHS ENDED SEPTEMBER 30, 2025 AND FOR THE

    PERIOD FROM APRIL 29, 2025 (INCEPTION) TO SEPTEMBER 30, 2025

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