EU Inc (the 28th regime) · 2026/0074(COD)
Supports integrating steward ownership into the 28th regime but wants specific features to secure long-term mission and capital protection.
Allow companies of all sizes to adopt steward ownership voluntarily and irrevocably, not limited to start-ups or scale-ups.
“Today, the European legal landscape makes it unnecessarily difficult for companies of all sizes to adopt steward ownership.”
Feedback, 2025-08-27 · the Commission’s translation
Enable cross-border conversion of entities with asset protection mechanisms and legal enforcement tools to secure steward ownership.
“the possibility of cross-border conversion of entities with asset protection mechanisms, legal enforcement tools,”
Feedback, 2025-08-27 · the Commission’s translation
Introduce a standardized debt instrument comparable to equity at European level, such as a future profit agreement, compatible with the company’s mission.
“a standardised debt instrument comparable to equity at European level, such as a future profit agreement, would provide investors with clear, fair conditions compatible with the company’s mission.”
Feedback, 2025-08-27 · the Commission’s translation
Include separation of voting and economic rights (capital lock), non-licensability of voting rights, limited profit distribution, and explicit mention of stewardship status in the company name.
“Key elements should include: the separation of voting and economic rights (capital lock), the lincesability of voting rights, a limited distribution of profits, ... and the possibility of explicit mention of stewardship status in the company name.”
Feedback, 2025-08-27 · the Commission’s translation
Open source underneath
WhoShapedIt is a thin layer on open-source packages. Star them, fork them, build your own micro.
Open-source context and state for AI: it keeps only what matters for the question.
In WhoShapedIt: Reads every lobby submission and position paper and each official text, cut into passages, and judges each passage against nine questions (who can use EU Inc, workers on the board, tax…), so every ask and every step is read on the passages that address it.
Open-source Svelte components for clean, accessible interfaces.
In WhoShapedIt: The status, the timeline, the theme picker, the camps of lobbies and the organisation pages.
Also built with SvelteKit · Vercel AI SDK · Zod