The document states chief executive Philip Clarke and outgoing finance director Laurie McIlwee will not receive any long or short-term bonus payments for the 12 months to February 22 when Tesco profits fell by six per cent.
Neither executive received a bonus in the previous financial year.
However, Mr Clarke still received a package worth more than £1.6 million, up from £1.28m, made up of a £1.1m basic salary, £101,000 of benefits and £391,000 of pension payments,
The benefits included sums of £45,000 for a car, £27,000 for drivers and £13,000 on security.
According to the report, Mr McIlwee took home in excess of £1.5m, which was up from £1.36m, and will receive a near £1m severance package.