Answer
Article 15 TEU: it defines the EU's general political direction and priorities; it has a President elected for 2.5 years (renewable once).
💡It does not legislate. Composed of the heads of state or government plus its President and the Commission President.
Consolidated TEU (EUR-Lex) — eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:12016M/TXT