Three former Tesco executives have been charged as part of a continuing investigation into accounting irregularities at the supermarket giant in 2014.
Carl Rogberg, Christopher Bush and John Scouler have been charged with fraud and false accounting, the Serious Fraud Office (SFO) said.
The three are due to appear in court on 22 September.
Tesco said there had been "an extensive programme of change" since 2014.
Mr Bush was managing director of Tesco UK, Mr Rogberg was UK finance director and Mr Scouler was UK food commercial director.
Mr Bush's solicitor said that he was not guilty and planned to fight the allegations.
The SFO started a criminal investigation in October 2014, a week after Tesco announced that its profits had been overstated by £263m.