#1 Represents shares withheld to satisfy the applicable income and payroll withholding tax obligations on the vesting of restricted stock units and performance stock units.

#1 Represents shares withheld to satisfy the applicable income and payroll withholding tax obligations on the vesting of restricted stock units.

#1 Issued as restricted stock units, which represent the contingent right to receive an equivalent number of shares of common stock of Shoe Carnival, Inc. (the "Company"). One-third of these restricted stock units will vest on March 31, 2025 and the remaining two-thirds will vest on March 31, 2026, subject to the reporting person's continuous service with the Company through such dates.

#2 As determined on March 14, 2023, the reporting person earned 3,754 performance stock units originally granted on March 9, 2022. These performance stock units will vest on March 31, 2025, subject to the reporting person's continuous service with the Company through such dates.

#1 Issued as restricted stock units, which represent the contingent right to receive an equivalent number of shares of common stock of Shoe Carnival, Inc. (the "Company"). One-third of these restricted stock units will vest on March 31, 2025 and the remaining two-thirds will vest on March 31, 2026, subject to the reporting person's continuous service with the Company through such dates.

#2 As determined on March 14, 2023, the reporting person earned 3,754 performance stock units originally granted on March 9, 2022. These performance stock units will vest on March 31, 2025, subject to the reporting person's continuous service with the Company through such dates.