The Board of Declout Limited, having reviewed and considered the credentials and industry experience of Mr. Thomas Sean Murphy in IT Asset Recovery and Independent Maintenance business in Procurri LLC, approved his appointment of CEO of Procurri Corporation Pte Ltd, a subsidiary of the company. Mr. Murphy is responsible to synergize the operations of Procurri Corporation Pte Ltd. The date of appointment is January 2, 2014. From February 2012 to January 2013, he worked as Vice President, Avnet Technology Solutions.